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Published on 11/28/2007 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $8.77 million 0% return-linked notes linked to currency basket

By Jennifer Chiou

New York, Nov. 28 - Bank of America priced $8.77 million of 0% return-linked notes due Nov. 30, 2009 linked to equal weights of the euro, British pound and Canadian dollar, all against the U.S. dollar, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any gain on the basket. Investors will receive at least par.

Banc of America Securities LLC and Banc of America Investment Services, Inc. are the agents.

Issuer:Bank of America
Issue:Return-linked notes
Underlying currencies:Euro, British pound and Canadian dollar, all against the U.S. dollar, equally weighted
Amount:$8,768,000
Maturity:Nov. 30, 2009
Coupon:0%
Price:Par
Payout at maturity:Par plus 125% of any basket gain; floor of par
Pricing date:Nov. 26
Settlement date:Nov. 30
Agents:Banc of America Securities LLC and Banc of America Investment Services, Inc.
Fees:1.25%

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