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Published on 3/31/2014 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $11.33 million Mitts linked to Dow Jones - UBS Commodity

By Angela McDaniels

Tacoma, Wash., March 31 - Bank of America Corp. priced $11.33 million of 0% Market Index Target-Term Securities due April 3, 2020 linked to the Dow Jones - UBS Commodity Index - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus the index return, subject to a minimum payout of par and a maximum return of 76%.

BofA Merrill Lynch is the underwriter.

Issuer:Bank of America Corp.
Issue:Market Index Target-Term Securities
Underlying index:Dow Jones - UBS Commodity Index - Excess Return
Amount:$11,331,070
Maturity:April 3, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus index return, subject to minimum payout of par and maximum return of 76%
Initial index level:134.61
Pricing date:March 27
Settlement date:April 3
Underwriter:BofA Merrill Lynch
Fees:2.5%
Cusip:06053G784

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