Bank of Montréal FRN 1D +75bp 22 Sep 2028

    Canada flagCAUSDSenior
    US06368MXW99 · Registered · matures 22 Sep 2028 (1.9y)
    Coupon
    Floating
    1DAYS reference rate + 75 bps
    Yield to maturity
    —
    No traded price yet
    Maturity
    22 Sep 2028
    1.9 years · callable

    Key facts

    Identifiers

    ISINThe 12-character code that identifies this bond worldwide. Use it to find the bond at a broker or in other tools.
    US06368MXW99
    Issuer LEILegal Entity Identifier. A global 20-character code for the issuing company, used in regulatory reports.
    NQQ6HPCNCCU6TUTQYE16
    Issuer countryThe country where the issuer is registered, from GLEIF, the global register of legal entities. Some international organisations have no country.
    CanadaCanada flag
    Supervised inThe country of the authority that supervises trading in this bond under MiFID II. The issuer can be based elsewhere: Italy supervises Israel's bonds.
    NetherlandsNetherlands flag
    Trading venuesWhere the bond can be traded, shown by Market Identifier Code (MIC). The first one is the main listing. Hover a code to see the venue name.
    BTFEMANLAURO

    Terms

    InterestFixed means the coupon stays the same until maturity. Floating means it follows a reference rate plus a spread.
    Floating rate
    Floating rateThe reference rate the coupon follows, and the extra amount (spread) the issuer pays on top. 100 bps is 1 percentage point.
    1DAYS reference rate + 75 bps
    Next couponThe date of the next interest payment. We cannot estimate it for this bond.
    —
    CurrencyThe currency of the coupons and the repayment.
    USD
    RedemptionHow the principal is repaid. Bullet means all of it is repaid in one payment at maturity. Callable means the issuer can repay early.
    Fixed maturity with call feature
    SeniorityWhere the bond ranks if the issuer fails. Senior bonds are paid before subordinated bonds.
    Senior

    Size and settlement

    Amount issuedHow much the issuer sold when the bond was first issued.
    USD 500M
    Minimum amountThe smallest amount of this bond you can buy, in face value and in the bond's currency.
    USD 2,000
    FormBearer bonds belong to whoever holds them in a custody account. Registered bonds record the owner's name.
    Registered
    InstrumentThe kind of debt security, from its CFI classification code.
    Bond
    First tradeThe first day the bond could trade on a European venue.
    26 Sep 2025

    Price and risk

    Last priceWe show a price when a European venue or reporting service publishes a trade or a quote for this bond.
    No traded price yet
    Early repaymentCallable: the issuer can repay the bond before maturity, and tends to when rates fall. Puttable: you can ask the issuer to repay it early, on set dates.
    Callable

    Issuer yield curve

    Yield of each traded Bank of Montréal bond in USD, by maturity

    Issuer debt by maturity year

    How much Bank of Montréal must repay each year, converted to US dollars. Each block is a bond; the top block of a year groups the bonds too small to show.

    Other bonds due in 2028Other years

    Other bonds by Bank of Montréal

    106 bonds from this issuer · 64 with a traded yield

    Open in screener
    ISINNameMaturityTime leftCouponYTMCcy
    CH1261608892Bank of Montréal 2.0375% 27 Apr 202827 Apr 20281.5y2.038%0.49%CHF
    CA06368LNK84Bank of Montréal 5.039% 29 May 202829 May 20281.6y5.039%Old price3.33%CAD
    US06368D8Z01Bank of Montréal 4.689% 28 Jun 2028 · 144A28 Jun 20281.7y4.689%—USD
    USC0623PAU24Bank of Montréal 4.689% 28 Jun 2028 · Reg S28 Jun 20281.7y4.689%4.90%USD
    US06368MZ726Bank of Montréal FRN 1D +60bp 15 Sep 202815 Sep 20281.9y——USD
    US06368MXU34Bank of Montréal 4.062% 22 Sep 202822 Sep 20281.9y4.062%4.59%USD
    US06368MXW99Bank of Montréal FRN 1D +75bp 22 Sep 202822 Sep 20281.9y——USD
    US06368LWU69Bank of Montréal 5.717% 25 Sep 202825 Sep 20281.9y5.717%5.08%USD
    XS2837778559Bank of Montréal 5.125% 10 Oct 202810 Oct 20282.0y5.125%5.45%GBP
    CA06368LB887Bank of Montréal 4.537% 18 Dec 202818 Dec 20282.2y4.537%3.83%CAD
    US06368MJG06Bank of Montréal 5.004% 27 Jan 202927 Jan 20292.3y5.004%5.13%USD
    US06368MJH88Bank of Montréal FRN +86bp 27 Jan 202927 Jan 20292.3y——USD