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Published on 2/28/2008 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $14.16 million notes linked to Dow Jones - AIG Commodity index

By Jennifer Chiou

New York, Feb. 28 - Bank of America priced $14.16 million of 0% commodity-linked notes due Aug. 23, 2013 linked to the Dow Jones - AIG Commodity index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 102% of any gain on the index. 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:Commodity-linked notes
Underlying index:Dow Jones - AIG Commodity
Amount:$14,163,000
Maturity:Aug. 23, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 102% of any index gain; floor of par
Initial index level:211.1
Pricing date:Feb. 26
Settlement date:Feb. 28
Agents:Banc of America Securities LLC and Banc of America Investment Services, Inc.
Fees:3%

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