By Jennifer Chiou
New York, April 30 - Bank of America Corp. priced $6,087,830 of 0% Market Index Target-Term Securities due April 24, 2015 linked to two equally weighted currencies relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying currencies are the Polish zloty and the Swedish krona.
The payout at maturity will be par of $10 plus 235% of any basket gain.
If the basket falls, the payout will be par.
Bank of America Merrill Lynch is the underwriter.
| Issuer: | Bank of America Corp.
|
| Issue: | Market Index Target-Term Securities
|
| Underlying basket: | Polish zloty and Swedish krona, equally weighted against the euro
|
| Amount: | $6,087,830
|
| Maturity: | April 24, 2015
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 235% of basket gain; floor of par
|
| Initial rates: | 4.182 for zloty; 8.876 for krona
|
| Pricing date: | April 26
|
| Settlement date: | May 3
|
| Underwriter: | Bank of America Merrill Lynch
|
| Fees: | 2%
|
| Cusip: | 06051P885
|
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