New Issue: BMO sells $256,000 buffered bullish return notes on iShares MSCI India

By Marisa Wong

Morgantown, W.Va., Dec. 11 – Bank of Montreal priced $256,000 of 0% buffered bullish return notes due Jan. 4, 2019 linked to the iShares MSCI India exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus any fund gain, subject to a maximum return of 12%.

Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish return notes
Underlying fund:	iShares MSCI India ETF
Amount:	$256,000
Maturity:	Jan. 4, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the fund gain, capped at 12%; par if fund falls up to 10%; 1% loss for every 1% decline beyond 10%
Initial price:	$35.06
Pricing date:	Nov. 29
Settlement date:	Dec. 4
Underwriter:	BMO Capital Markets Corp.
Fees:	0.43%
Cusip:	06367TQ86

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