New Issue: Bank of America sells $36.06 million notes linked to Rogers International Commodity

By Susanna Moon

Chicago, June 29 - Bank of America priced $36.06 million of 0% Accelerated Return Notes due Aug. 31, 2010 linked to the Rogers International Commodity Index - Excess Return, according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, capped at $12.85 per note.

Investors will be exposed to any losses.

Merrill Lynch, Pierce, Fenner & Smith Inc. and its broker-dealer affiliate First Republic Securities Co., LLC are the agent.

Issuer:	Bank of America
Issue:	Accelerated Return Notes
Underlying index:	Rogers International Commodity Index - Excess Return
Amount:	$36.06 million
Maturity:	Aug. 31, 2010
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, capped at 28.5%; exposure to losses
Initial index level:	2,220.43
Pricing date:	June 25
Settlement date:	July 2
Agents:	Merrill Lynch, Pierce, Fenner & Smith Inc. and First Republic Securities Co., LLC
Fees:	2%

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