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Published on 3/27/2008 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $3.67 million 0% notes linked to three currencies

By Angela McDaniels

Tacoma, Wash., March 27 - Bank of America Corp. priced $3.67 million of 0% return linked notes due March 28, 2011 linked to a basket of currencies, according to a 424B5 filing with the Securities and Exchange Commission.

The basket includes equal weights of the U.S. dollar/Canadian dollar exchange rate, the U.S. dollar/Japanese yen exchange rate and the euro/U.S. dollar exchange rate.

If the final basket level is less than the initial basket level, the payout at maturity will be par plus the absolute value of the basket decline. Otherwise, the payout will be par.

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

Issuer:Bank of America Corp.
Issue:Return linked notes
Underlying currencies:U.S. dollar/Canadian dollar, U.S. dollar/Japanese yen and euro/U.S. dollar exchange rates, equally weighted
Amount:$3,669,000
Maturity:March 28, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus the absolute value of any basket decline; floor of par
Initial exchange rates:1.0182 Canadian dollars per U.S. dollar, 100.15 yen per U.S. dollar, 1.559 U.S. dollars per euro
Pricing date:March 25
Settlement date:March 28
Agents:Banc of America Securities LLC and Banc of America Investment Services, Inc.
Fees:2%

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