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Published on 2/1/2013 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $24.14 million Accelerated Return Notes on eXtra Precious Metals

By Angela McDaniels

Tacoma, Wash., Feb. 1 - Bank of America Corp. priced $24.14 million of 0% Accelerated Return Notes due April 1, 2014 linked to the Merrill Lynch Commodity Index eXtra Precious Metals Plus - Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum payout of par plus 13.05%. Investors will lose 1% for every 1% decline in the index.

Bank of America Merrill Lynch is the underwriter.

Issuer:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying index:Merrill Lynch Commodity Index eXtra Precious Metals Plus - Excess Return
Amount:$24,137,710
Maturity:April 1, 2014
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 13.05%; 1% loss for every 1% decline
Initial index level:340.9654
Pricing date:Jan. 30
Settlement date:Feb. 6
Underwriter:Bank of America Merrill Lynch
Fees:2%
Cusip:06053E284

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