New Issue: Bank of America prices $26.12 million five-year protected Mitts on Dow Industrials

By Marisa Wong

Madison, Wis., Aug. 27 - Bank of America Corp. priced $26.12 million of 0% Market Index Target-Term Securities due Sept. 1, 2015 based on the performance of the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus any index gain, subject to a cap of 47.69%.

If the index falls, the payout will be par.

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

Issuer:	Bank of America Corp.
Issue:	Market Index Target-Term Securities
Underlying index:	Dow Jones Industrial Average
Amount:	$26,122,450
Maturity:	Sept. 1, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus any index gain, capped at 47.69%; floor of par
Initial index level:	10,060.06
Pricing date:	Aug. 25
Settlement date:	Sept. 2
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2.5%
Cusip:	06052K513

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