Bank of America to price 0% notes linked to four Asian currencies

By Jennifer Chiou

New York, Dec. 14 - Bank of America plans to price 0%currency-linked notes due January 2010 linked to a basket of four Asian currencies, according to a 424B5 filing with the Securities and Exchange Commission.

The basket includes equal weights of the South Korean won, Indian rupee, Indonesian rupiah and the Singapore dollar, all against the dollar.

At maturity, if the basket gain is positive, investors will receive par plus at least 150% of the basket gain. If the basket performance is negative, investors will receive par.

The notes will price and settle in December.

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

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