New Issue: Bank of America prices $10.93 million Accelerated Return Notes linked to gold

New York, Sept. 3 - Bank of America Corp. priced $10.93 million of 0% Accelerated Return Notes due Sept. 2, 2015 tied to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

If the gold spot price return is positive, the payout at maturity will be par plus 300% of the gold spot price return, subject to a maximum payout of par plus 26.4%. Investors will lose 1% for every 1% decline in the gold spot price.

Merrill Lynch & Co. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying asset:	Gold
Amount:	$10,929,190
Maturity:	Sept. 2, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If gold spot price return is positive, par plus 300% of gold spot price return, subject to maximum payout of par plus 26.4%; 1% loss for every 1% decline
Initial level:	$1,407.75
Pricing date:	Aug. 29
Settlement date:	Sept. 6
Underwriters:	Merrill Lynch & Co.
Fees:	2%
Cusip:	06053F455

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