New Issue: BofA prices $22.91 million Accelerated Return Notes on three indexes

By Jennifer Chiou

New York, Jan. 27 - Bank of America Corp. priced $22.91 million of 0% Accelerated Return Notes due Feb. 1, 2013 linked to a basket of indexes, according to a 424B2 with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 50% weight, the Euro Stoxx 50 index with a 25% weight and the S&P Asia 50 index with a 25% weight.

If the final basket level is greater than the initial basket level, the payout at maturity will be par of $10 plus 200% of the increase, subject to a maximum return of 34%. Investors will be fully exposed to any index decline.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying indexes:	S&P 500 (50% weight), Euro Stoxx 50 (25% weight), S&P Asia 50 (25% weight)
Amount:	$22,906,620
Maturity:	Feb. 1, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any basket gain, capped at 34%; investors share in losses
Pricing date:	Jan. 25
Settlement date:	Feb. 1
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052R641

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