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Published on 10/31/2012 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $18.99 million market-linked step up notes linked to Euro Stoxx

New York, Oct. 31 - Bank of America Corp. priced $18.99 million of 0% market-linked step up notes due Oct. 31, 2014 tied to the Euro Stoxx 50 Index index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, investors will receive par plus the index return, with a floor of par plus 27.12%. Investors will receive par if the index falls by up to 5% and will lose 1% for every 1% decline in the index beyond 5%.

Merrill Lynch & Co. is the underwriter.

Issuer:Bank of America Corp.
Issue:Market-linked step up notes
Underlying index:Euro Stoxx 50 Index
Amount:$18,994,750
Maturity:Oct. 31, 2014
Coupon:0%
Price:Par
Payout at maturity:If the index gains, investors will receive par plus the index return, with a floor of par plus 27.12%. Par if index falls by up to 5%; 1% loss for every 1% decline beyond 5%
Initial index level:2,483.43
Pricing date:Oct. 25
Settlement date:Nov. 2
Underwriters:Merrill Lynch & Co.
Fees:2%
Cusip:06053D492

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