New Issue: BofA prices $21.12 million capped leveraged notes on Rogers Commodity

By Jennifer Chiou

New York, Dec. 23 - Bank of America Corp. priced $21.12 million of 0% Capped Leveraged Index Return Notes due Dec. 26, 2012 linked to the Rogers International Commodity Index-Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any gain in the index, up to a maximum payout of $12.301 per note.

Investors will receive par if the index falls by up to 5% and will lose 1% for every 1% decline beyond 5%.

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

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Rogers International Commodity Index-Excess Return
Amount:	$21,121,560
Maturity:	Dec. 26, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 23.01%; 1% loss for every 1% drop beyond 5%
Initial index level:	2,852.49
Threshold level:	2,709.87, 95% of initial level
Pricing date:	Dec. 21
Settlement date:	Dec. 30
Agent:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052R435

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