BMO Bank National Association, headquartered in Chicago, Illinois, was founded in 1817 and is a subsidiary of BMO Financial Group, a prominent North American bank holding company. The bank serves individuals and businesses across the United States, offering a wide range of financial products and services, including personal banking, commercial banking, and wealth management solutions.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
BMO Bank National Association began issuing bonds in the early 2000s, contributing to the funding of its various operations and growth initiatives. A notable issuance was in 2020, where the bank successfully raised $1 billion in senior notes to bolster its capital position during the pandemic, demonstrating strong investor confidence with yields that were competitive compared to industry benchmarks. The bank's conduit for bond offerings has been instrumental in supporting its financial strategies, and it continues to enhance its issuance program, focusing on sustainability-linked bonds that appeal to socially-conscious investors.