New Issue: Bank of Montreal prices $740,000 buffered bullish return notes on iShares MSCI EAFE

By Susanna Moon

Chicago, March 15 - Bank of Montreal priced $740,000 of 0% buffered bullish return notes due March 18, 2015 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the fund, up to a maximum return of 15.5%.

Investors will receive par if the shares fall by up to 20% and will be exposed to any decline beyond 20%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish return notes
Underlying fund:	iShares MSCI EAFE index fund
Amount:	$740,000
Maturity:	March 18, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any fund gain, capped at 15.5%; par if fund drops by up to 20%; exposure to losses beyond 20%
Initial price:	$59.18
Buffer level:	80% of initial price
Pricing date:	March 13
Settlement date:	March 18
Agent:	BMO Capital Markets Corp.
Fees:	None
Cusip:	06366RMH5

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