New Issue: BofA prices $5 million Leveraged Index Return Notes on metals basket

By Jennifer Chiou

New York, April 11 - Bank of America Corp. priced $5 million of 0% Leveraged Index Return Notes due April 15, 2016 linked to an industrial metals basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is comprised of equal weights of the spot prices of aluminum, copper, lead, nickel and zinc.

The payout at maturity will be par plus 201% of any basket gain.

Investors will be exposed to any losses.

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

Issuer:	Bank of America Corp.
Issue:	Leveraged Index Return Notes
Underlying assets:	Equal weights of aluminum, copper, lead, nickel and zinc
Amount:	$5 million
Maturity:	April 15, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus any gain in the basket multiplied by a participation rate of 201%; 1% loss for every 1% decline
Initial levels:	2,642.75 for aluminum, 9,697 for copper, 2,878 for lead, 26,799 for nickel and 2,441 for zinc
Pricing date:	April 7
Settlement date:	April 12
Underwriter:	Merrill Lynch & Co.
Fees:	2.5%
Cusip:	06050R452

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