(Reuters) - The Bank of Montreal (BMO.TO) on Wednesday sold C$1.3 billion ($1.4 billion) in fixed-rate deposit notes in a two-part sale, according to a term sheet seen by Reuters.
The sale consisted in part of C$300 million ($316 million) in notes due Sept. 20, 2025 in a reopening of an existing 4.268 percent issue and priced at 103.582 to yield 4.609 percent or 148 basis points over the Canadian government benchmark, according to the term sheet.
Bank of Montreal sells C$1.3 bln notes in 2 parts | Reuters
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