New Issue: Bank of America prices $6.34 million 0.5% notes tied to Consumer Price Index

By Jennifer Chiou

New York, March 31 - Bank of America Corp. priced $6.34 million of 100% principal-protected notes due April 1, 2015 linked to the Consumer Price Index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will carry a coupon of 0.5% per year, payable monthly.

The payout at maturity will be par plus 142% of any increase in the Consumer Price Index. Investors will receive at least par.

Merrill Lynch, Pierce, Fenner & Smith Inc. and First Republic Securities Co., LLC are the agents.

Issuer:	Bank of America Corp.
Issue:	100% principal-protected notes
Underlying index:	Consumer Price Index
Amount:	$6,342,000
Maturity:	April 1, 2015
Coupon:	0.5%, payable monthly
Price:	Par
Payout at maturity:	Par plus 142% of any increase in the Consumer Price Index; floor of par
Pricing date:	March 29
Settlement date:	April 1
Agent:	Merrill Lynch, Pierce, Fenner & Smith Inc. and First Republic Securities Co., LLC
Fees:	1.75%
Cusip:	06048WBG4

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