By Jennifer Chiou
New York, April 30 - Bank of America Corp. priced $6,087,830 of 0% Market Index Target-Term Securities due April 24, 2015 linked to two equally weighted currencies relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying currencies are the Polish zloty and the Swedish krona.
The payout at maturity will be par of $10 plus 235% of any basket gain.
If the basket falls, the payout will be par.
Bank of America Merrill Lynch is the underwriter.
Issuer: | Bank of America Corp.
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Issue: | Market Index Target-Term Securities
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Underlying basket: | Polish zloty and Swedish krona, equally weighted against the euro
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Amount: | $6,087,830
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Maturity: | April 24, 2015
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 235% of basket gain; floor of par
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Initial rates: | 4.182 for zloty; 8.876 for krona
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Pricing date: | April 26
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Settlement date: | May 3
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Underwriter: | Bank of America Merrill Lynch
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Fees: | 2%
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Cusip: | 06051P885
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