These are the details of the selected bond:
- Issuer: Bank of Montreal
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch) AAA (DBRS)
- Amount: EUR1,000m
- Maturity date: 8 June 2029
- Re-offer price: 99.694
- Coupon: 2.75%
- Swap spread: 13bp
- IPTs/initial guidance: 20bp
- Government spread: 29.9bp
- Pricing date: 28 May 2026
- Settlement date: 8 June 2026
- Bookrunners: BMO, Danske, Erste, HSBC, ING, Natixis, UniCredit
- Country: Canada
- ISIN: XS3397036123
- Collateral type: Mortgage
- The CBR bond ID: 3404
- Green, social, sustainability description: unlabelled
- Misc: Simultaneous with EUR1bn 3.125% June 2033 issue (XS3397036396)
