FRN Variable Rate Fix

LONDON--()--

24 October 2014

Issue: Bank of Montreal, Toronto Branch

70

XS0985278851

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

Date From: 24 October 2014

Date To: 26 January 2015

Record Date: 21 January 2015

Value Date: 26 January 2015

Benchmark Rate: 0.55338%

Margin: 0.45%

Total Rate: 1.00338%

Number of Days: 94

Day Count: Actual / 365 (Fixed)

Interest Frequency: Quarterly

Denomination: GBP 1,000.00

Amount per Denomination:

GBP 2.58

Total Amount Due:

GBP 967,500.00

Interest Per 1K: GBP 2.58

Pool Factor: 1

Short Name: Bank of Montreal
Category Code: RC
Sequence Number: 439910
Time of Receipt (offset from UTC): 20141106T160930+0000

Contacts

HSBC Security Services

Contacts

HSBC Security Services