New Issue: Bank of America sells $3.83 million 0% Stars on Market Vectors Russia

By Marisa Wong

Madison, Wis., April 21 - Bank of America Corp. priced $3.83 million of 0% Strategic Accelerated Redemption Securities due April 27, 2012 linked to the Market Vectors Russia exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

If the exchange-traded fund's shares close at or above the initial share price on any of three observation dates, the notes will be called at par of $10 plus a premium of 15.05% per year. The observation dates are Oct. 20, Jan. 20, 2012 and April 20, 2012.

The payout at maturity will be par if the final share price is at least 95% of the initial share price. Investors will be exposed to any decline below the threshold level.

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

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying ETF:	Market Vectors Russia exchange-traded fund
Amount:	$3,826,350
Maturity:	April 27, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par if final share price is at least 95% of initial price; exposure to declines below threshold level
Call:	At par plus 15.05% if fund closes at or above initial price on Oct. 20, Jan. 20, 2012 or April 20, 2012
Initial price:	$39.98
Threshold price:	$37.98, 95% of initial price
Pricing date:	April 19
Settlement date:	April 27
Agent:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	1.25%
Cusip:	06050R437

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