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Bank of Montreal to redeem C$1B of notes

Bank of Montreal intends to redeem on Sept. 19 all of its C$1 billion 3.12% series H medium-term notes first tranche due Sept. 19, 2024.

The notes are redeemable at par together with accrued and unpaid interest to, but excluding, Sept. 19.

The Office of the Superintendent of Financial Institutions has approved the redemption.