FRN Variable Rate Fix

LONDON--()--

23 September 2014

Issue: Bank of Montreal, Toronto Branch

86

XS1113305657

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 23 September 2014

Date To: 23 December 2014

Record Date: 18 December 2014

Value Date: 23 December 2014

Benchmark Rate: 0.2331%

Margin: 0.17%

Total Rate: 0.4031%

Number of Days: 91

Day Count: Actual / 360

Interest Frequency: Quarterly

Denomination: USD 200,000.00

Amount per Denomination:

USD 203.79

Total Amount Due:

USD 101,895.00

Interest Per 1K: USD 1.01895

Pool Factor: 1

Short Name: Bank of Montreal
Category Code: RC
Sequence Number: 435814
Time of Receipt (offset from UTC): 20141006T174922+0100

Contacts

HSBC Security Services

Contacts

HSBC Security Services