TSX:BMOBanks
How BMO’s Capital Reshuffle and New ETF Launch Will Impact Bank of Montreal (TSX:BMO) Investors
In recent days, Bank of Montreal has redeemed its CA$1.00 billion 1.928% Series K NVCC subordinated notes and issued several new callable senior Eurobonds with fixed coupons of 5.00–5.35% maturing between 2031 and 2036, while BMO Asset Management and BMO Investments have also announced ETF terminations, new distributions, and the launch of the BMO Market+ International Equity Fund ETF Series.
Together with fresh recognition as Best Commercial Bank in both Canada and the U.S., these funding...