BMO.PR.C settled today, but the company did not issue a press release.
BMO.PR.C is a FixedReset, 4.50%+333, announced 2017-2-28. It will be tracked by HIMIPref™ and has been assigned to the FixedResets subindex.
The issue traded 2,599,232 shares today in a range of 25.30-34 before closing at 25.30-31, 212×5. This volume ranks it 14th on the ‘all-time’ (in my database) top volume days, but only fourth in the past year. Vital statistics are:
Maturity Type : Call
Maturity Date : 2022-05-25
Maturity Price : 25.00
Evaluated at bid price : 25.30
Bid-YTW : 4.26 %
Implied Volatility analysis suggests that the issue has become a little expensive as the derived theoretical price is 25.03.