New Issue: Bank of America sells $34 million notes linked to S&P 500, Nikkei, Euro Stoxx 50

New York, April 26 - Bank of America sold $34 million of 1.75% senior notes in the Basket Cycles structure linked to three indexes - the S&P 500, the Nikkei 225 and the Dow Jones Euro Stoxx 50, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity is par plus the amount by which the basket performance exceeds the sum of all the interest payments over the life of the notes, equivalent to 7.01%. The basket performance is measured annually, and each of the three indexes contributes equally. Holders will not receive less than par at maturity.

Banc of America Securities LLC and Banc of America Investment Services, Inc. were agents for the sale.

Issuer:	Bank of America
Issue:	Senior notes in Basket Cycles structure
Underlying indexes:	S&P 500, Nikkei 225, Dow Jones Euro Stoxx 50
Amount:	$34 million
Maturity:	April 30, 2009
Coupon:	1.75%
Price:	Par
Payout at maturity:	Par multiplied by average performance of all three indexes on each annual pricing date less sum of all interest payments over life of notes (equal to 7.01%); floor of par; annual pricing dates are April 25, 2006, April 25, 2007, April 25, 2008 and April 25, 2009
Listing:	"BOA.S" on American Stock Exchange
Agents:	Banc of America Securities LLC, Banc of America Investment Services, Inc.
Pricing date:	April 25
Settlement date:	April 28

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