FRN Variable Rate Fix


21 December 2012

Issue: Bank of Montreal, Toronto Branch



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

Date From: 27 December 2012

Date To: 26 March 2013

Value Date: 26 March 2013

Benchmark Rate: 0.31%

Margin: 0.15%

Total Rate: 0.46%

Number of Days: 89

Day Count: Actual / 360

Interest Frequency: Quarterly

Denomination: USD 200,000.00

Amount per Denomination:

USD 227.44

Total Amount Due:

USD 113,720.00

Pool Factor: 1

Short Name: Bank of Montreal
Category Code: RC
Sequence Number: 357126
Time of Receipt (offset from UTC): 20121221T173501+0000


HSBC Security Services


HSBC Security Services