New Issue: Bank of America sells $11.3 million notes tied to Merrill Lynch Commodity index eXtra

By Jennifer Chiou

New York, Aug. 19 - Bank of America Corp. priced $11.3 million of 0% Capped Leveraged Index Return Notes due Aug. 24, 2011 linked to the Merrill Lynch Commodity index eXtra - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, subject to a maximum return of 46%. Investors will receive par if the index declines by 10% or less and will be exposed to any decline beyond 10%.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Merrill Lynch Commodity index eXtra - Excess Return
Amount:	$11.3 million
Maturity:	Aug. 24, 2011
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, capped at 46%; par if index declines by 10% or less; full exposure to any decline beyond 10%
Initial index level:	376.3784
Pricing date:	Aug. 17
Settlement date:	Aug. 24
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	None

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