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Stock impact report

Bank Of Montreal Debt Moves And ETN Changes Meet Strong Share Performance [Yahoo! Finance]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Bank of Montreal launched a new £500 million senior note under its US$40b note programme, adding to its recent activity in international debt markets. The bank also announced an increase to the Financing Spread on its MicroSectors Gold Miners 3X Leveraged ETNs, changing the cost structure for holders of these products. These moves affect both BMO's funding profile and the economics of a geared commodity-linked note that trades under its name. For investors looking at TSX:BMO, these funding and product updates come as the share price trades around CA$185.37. The stock has seen a 34.2% gain over the past year and a 134.8% gain over five years, which puts recent product and capital markets activity into sharper focus for existing shareholders. Looking ahead, the new sterling issuance and revised ETN terms may influence how different types of investors view BMO, from fixed income buyers to users of leveraged exchange traded notes. It can be useful to watch how the bank continues Show less Read more
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