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Published on 11/28/2011 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $11.03 million capped leveraged notes on Dow Jones real estate

New York, Nov. 28 - Bank of America Corp. priced $11.03 million of capped leveraged index return notes due May 31, 2013 linked to the Dow Jones U.S. Real Estate index, 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, up to a maximum return of $14.81 per note.

Investors will receive par if the index falls by up to 10% and will be exposed to any decline beyond 10%.

Bank of America Merrill Lynch is the agent.

Issuer:Bank of America Corp.
Issue:Capped leveraged index return notes
Underlying index:Dow Jones U.S. Real Estate index
Amount:$11,025,160
Maturity:May 31, 2013
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any index gain, capped at 48.10%; par if index falls up to 10%; exposure to losses beyond 10%
Initial level:204.55
Threshold value:184.10, 90% of initial value
Pricing date:Nov. 22
Settlement date:Nov. 30
Agent:Bank of America Merrill Lynch
Fees:2%
Cusip:06051P182

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