New Issue: Bank of America prices $34.38 million Mitts linked to gold

By Jennifer Chiou

New York, June 25 - Bank of America Corp. priced $34.38 million of 0% Market Index Target-Term Securities due June 28, 2013 linked to the spot price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain on the price of gold, up to a maximum return of 140.1%, or $24.01 per $10.00 note.

Investors will receive at least par.

Merrill Lynch, Pierce, Fenner & Smith Inc., First Republic Securities Co., LLC and Banc of America Investment Services, Inc. are the agents.

Issuer:	Bank of America Corp.
Issue:	Market Index Target-Term Securities
Underlying asset:	Gold
Amount:	$34.38 million
Maturity:	June 28, 2013
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus any gain on the price of gold, up to a maximum return of 140.1%, or $24.01 per note; floor of par
Initial value:	920.75
Pricing date:	June 23
Settlement date:	June 26
Agents:	Merrill Lynch, Pierce, Fenner & Smith Inc., First Republic Securities Co., LLC and Banc of America Investment Services, Inc.
Fees:	2.5%

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