New Issue: BMO sells $100,000 bullish digital return barrier notes tied to Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Aug. 25 – Bank of Montreal priced $100,000 of 0% bullish digital return notes with barrier due Sept. 28, 2018 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above the initial level, the payout at maturity will be par plus the digital return of 6.3%.

Investors will receive par if each index falls by no more than 20% and will be fully exposed to any losses of the worse performing index if it finishes below its 80% barrier level.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Bullish digital return notes with barrier
Underlying indexes:	Russell 2000, S&P 500
Amount:	$100,000
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 6.3%; par if each index falls by no more than 20%; otherwise, 1% for each 1% decline of worse performing index
Initial level:	1,369.739 for Russell, 2,444.04 for S&P
Barrier level:	1,095.791 for Russell, 1,955.23 for S&P; 80% of initial levels
Pricing date:	Aug. 23
Settlement date:	Aug. 28
Agent:	BMO Capital Markets Corp.
Fees:	0.43%
Cusip:	06367TC24

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