BMO Financial Group offered a EUR 500 million green bond on 16 March 2026, with the proceeds directed towards renewable energy, sustainable food and agriculture, and green building projects. Settlement is expected on 24 March 2026, with BMO Capital Markets acting as a joint lead manager on the transaction.
BMO's Sustainable Bond Framework is aligned with the International Capital Market Association's Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines and Climate Transition Finance Handbook. BMO obtained a second-party opinion from Moody's on the Framework.
FRAMEWORK SPANS EIGHTEEN ELIGIBLE CATEGORIES
The offering draws on BMO's Sustainable Bond Framework, which covers eleven green categories, four social categories, and three transition categories — eighteen in total. Eligible green categories include renewable energy installations, energy-efficient buildings certified to recognised international standards, and sustainable agriculture operations.
PART OF A MULTI-YEAR ISSUANCE PROGRAMME
BMO's Global Head of Sustainable Finance, John Uhren, said the green bond is part of a multi-year issuance programme that supports environmental outcomes while meeting investor demand.
BMO has not disclosed the specific projects that will receive initial allocations from the March 2026 proceeds. BMO said it will report on the use of proceeds within one year of issuance and annually thereafter in its Annual Sustainable Bonds Impact Report.