New Issue: Bank of America prices $67.2 million 0% notes linked to index basket

By Angela McDaniels

Seattle, Dec. 28 - Bank of America priced a $67.2 million issue of 0% return-linked notes due Dec. 29, 2011 linked to a basket of indexes, according to a 424B5 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500 indexes.

The payout at maturity will be par plus any positive return on the basket. Investors will receive at least par.

Issuer:	Bank of America
Issue:	Return-linked senior notes
Underlying basket:	Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500 indexes, equally weighted
Amount:	$67.2 million
Maturity:	Dec. 29, 2011
Coupon:	0%
Price:	Par
Initial index levels:	4,132,86 for the Dow Jones Euro Stoxx 50, 17,223.15 for the Nikkei 225, 1,426.84 for the S&P 500
Payout at maturity:	Par plus any positive basket return; floor of par
Pricing date:	Dec. 27
Settlement date:	Dec. 29
Agents:	Banc of America Securities LLC, Banc of America Investment Services, Inc.
Agent fees:	3%
Listing:	"BOR.U" on the American Stock Exchange

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