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This is a market bottom, says BMO's Brian Belski
BMO priced a �1bn six year non-call five senior bail-in at mid-swaps By Thursday morning, BMO's newly issued bond had tightened by bp in. The Bank of Montreal (BMO) has issued C$13 billion ($ billion) of bail-in debt year-to-date in a bid to meet its total loss-absorbing. Fitch Ratings has affirmed Bank of Montreal's (BMO) Long-Term Issuer Default Rating (IDR) and Short-Term IDR at 'AA-' and 'F1+', respectively.

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