Obbligazione America Bank 3.946% ( US06051GHA04 ) in USD

America Bank

100 USD ▲

Stati Uniti

US06051GHA04 ( in USD )

3.946% per anno ( pagato 2 volte l'anno)

22/01/2049

Prospetto opuscolo dell'obbligazione Bank of America US06051GHA04 en USD 3.946%, scadenza 22/01/2049

2 000 USD

1 250 000 000 USD

06051GHA0

A- ( Upper medium grade - Investment-grade )

A2 ( Upper medium grade - Investment-grade )

23/07/2025 ( In 82 giorni )

Bank of America è una delle più grandi istituzioni finanziarie globali, operante nel settore bancario, della gestione patrimoniale e dei servizi finanziari.

The Obbligazione issued by America Bank ( United States ) , in USD, with the ISIN code US06051GHA04, pays a coupon of 3.946% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 22/01/2049

The Obbligazione issued by America Bank ( United States ) , in USD, with the ISIN code US06051GHA04, was rated A2 ( Upper medium grade - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by America Bank ( United States ) , in USD, with the ISIN code US06051GHA04, was rated A- ( Upper medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.

Form 424(b)(5)
424B5 1 d453836d424b5.htm FORM 424(B)(5)
Table of Contents
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-202354

Pricing Supplement No. 40
(To Prospectus dated May 1, 2015 and
Prospectus Supplement dated September 11, 2017)
January 18, 2018

$5,250,000,000
Medium-Term Notes, Series M

$500,000,000 Floating Rate Senior Notes, due January 2022
$1,500,000,000 2.738% Fixed/Floating Rate Senior Notes, due January 2022
$2,000,000,000 3.366% Fixed/Floating Rate Senior Notes, due January 2026
$1,250,000,000 3.946% Fixed/Floating Rate Senior Notes, due January 2049
This pricing supplement describes four series of our senior notes that will be issued under our Medium-Term Note Program, Series M. We refer to our Floating Rate Senior Notes, due
January 2022 as the "floating rate notes," to our 2.738% Fixed/Floating Rate Senior Notes, due January 2022 as the "4-year fixed/floating rate notes," to our 3.366% Fixed/Floating Rate
Senior Notes, due January 2026 as the "8-year fixed/floating rate notes," and to our 3.946% Fixed/Floating Rate Senior Notes, due January 2049 as the "31-year fixed/floating rate
notes." We refer to the 4-year fixed/floating rate notes, the 8-year fixed/floating rate notes and the 31-year fixed/floating rate notes collectively as the "fixed/floating rate notes." We
refer to the floating rate notes and the fixed/floating rate notes collectively as the "notes."
The floating rate notes mature on January 23, 2022. We will pay interest on the floating rate notes at a floating rate per annum equal to three-month LIBOR plus a spread of 0.380%,
payable quarterly.
The 4-year fixed/floating rate notes mature on January 23, 2022. We will pay interest on the 4-year fixed/floating rate notes (a) from January 23, 2018 to, but excluding, January 23,
2021, at a fixed rate of 2.738% per annum, payable semi-annually, and (b) from January 23, 2021 to, but excluding, the maturity date, at a floating rate per annum equal to three-month
LIBOR plus a spread of 0.370%, payable quarterly.
The 8-year fixed/floating rate notes mature on January 23, 2026. We will pay interest on the 8-year fixed/floating rate notes (a) from January 23, 2018 to, but excluding, January 23,
2025, at a fixed rate of 3.366% per annum, payable semi-annually, and (b) from January 23, 2025 to, but excluding, the maturity date, at a floating rate per annum equal to three-month
LIBOR plus a spread of 0.810%, payable quarterly.
The 31-year fixed/floating rate notes mature on January 23, 2049. We will pay interest on the 31-year fixed/floating rate notes (a) from January 23, 2018 to, but excluding, January 23,
2048, at a fixed rate of 3.946% per annum, payable semi-annually, and (b) from January 23, 2048 to, but excluding, the maturity date, at a floating rate per annum equal to three-month
LIBOR plus a spread of 1.190%, payable quarterly.
We will have the option to redeem the notes prior to the stated maturity as described in this pricing supplement under the headings "Specific Terms of the Notes--Optional Redemption
of the Floating Rate Notes" and "Specific Terms of the Notes--Optional Redemption of the Fixed/Floating Rate Notes," as applicable.
The notes are unsecured and rank equally with all of our other unsecured and senior indebtedness outstanding from time to time. We do not intend to list the notes on any securities
exchange.
Investing in the notes involves risks. For an explanation of some of these risks, see "Risk Factors" beginning on page S-5 of the attached prospectus supplement, and "Risk
Factors" beginning on page 9 of the attached prospectus.
None of the Securities and Exchange Commission, any state securities commission, or any other regulatory body has approved or disapproved of these notes or passed upon the adequacy
or accuracy of this pricing supplement, the attached prospectus supplement, or the attached prospectus. Any representation to the contrary is a criminal offense.

Floating
4-Year Fixed/
8-Year Fixed/
31-Year Fixed/
Rate Notes
Floating Rate Notes
Floating Rate Notes
Floating Rate Notes

Per Note
Total
Per Note
Total
Per Note
Total
Per Note
Total

Public Offering Price
100.000% $500,000,000 100.000% $1,500,000,000 100.000% $2,000,000,000 100.000% $1,250,000,000
Selling Agents' Commission

0.250% $
1,250,000
0.250% $
3,750,000
0.400% $
8,000,000
0.875% $
10,937,500

Proceeds (before expenses)
99.750% $498,750,000 99.750% $1,496,250,000 99.600% $1,992,000,000 99.125% $1,239,062,500
We expect to deliver the notes in book-entry only form through the facilities of The Depository Trust Company on January 23, 2018.
Sole Book-Runner

BofA Merrill Lynch

ABN AMRO

ANZ Securities

BB&T Capital Markets
BBVA

BMO Capital Markets

BNY Mellon Capital Markets, LLC
Capital One Securities

CIBC Capital Markets

Commonwealth Bank of Australia
Credit Agricole CIB

Danske Markets

Deutsche Bank Securities
HSBC

ICBC Standard Bank

ING
Lloyds Securities

Mizuho Securities

nabSecurities, LLC
Natixis

Rabo Securities

RBC Capital Markets
NatWest Markets

Santander

Scotiabank
SOCIETE GENERALE

SMBC Nikko

Standard Chartered Bank
Huntington Capital Markets

UniCredit Capital Markets

Westpac Capital Markets, LLC
Blaylock Van, LLC

Loop Capital Markets

Multi-Bank Securities, Inc.

Siebert Cisneros Shank & Co., L.L.C.
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Form 424(b)(5)
Table of Contents
SPECIFIC TERMS OF THE NOTES

The following descriptions of the specific terms of the notes supplement, and should be read together with, the description of our Medium-
Term Notes, Series M included in the attached prospectus supplement dated September 11, 2017, and the general description of our debt securities
included in "Description of Debt Securities" in the attached prospectus dated May 1, 2015. If there is any inconsistency between the information in
this pricing supplement and the attached prospectus supplement or the attached prospectus, you should rely on the information in this pricing
supplement. Capitalized terms used, but not defined, in this pricing supplement have the same meanings as are given to them in the attached
prospectus supplement or in the attached prospectus.

Terms of the Floating Rate Notes

·??Title of the Series:
Floating Rate Senior Notes, due January 2022
·??Aggregate Principal Amount Initially Being Issued:
$500,000,000
·??Issue Date:
January 23, 2018
·??CUSIP No.:
06051GGX1
·??ISIN:
US06051GGX16
·??Maturity Date:
January 23, 2022
·??Minimum Denominations:
$2,000 and multiples of $1,000 in excess of $2,000
·??Ranking:
Senior
·??Day Count Fraction:
Actual/360
·??Base Rate:
Three-Month LIBOR (Reuters page LIBOR01)
·??Index Maturity:
90 days
·??Spread:
38 basis points
·??Interest Periods:
Quarterly
·??Interest Payment Dates and Interest Reset Dates:
January 23, April 23, July 23 and October 23 of each year, beginning
April 23, 2018, subject to adjustment in accordance with the
modified following business day convention (adjusted).
·??Interest Determination Dates:
Second London banking day prior to the applicable Interest Reset
Date.
·??Optional Redemption:
We will have the option to redeem the floating rate notes, in whole,
but not in part, on January 23, 2021 at 100% of the principal amount
of the floating rate notes being redeemed, plus accrued and unpaid
interest, if any, thereon, to, but excluding, the redemption date. See
"Specific Terms of the Notes--Optional Redemption of the Floating
Rate Notes."

PS-2
Table of Contents
Terms of the 4-Year Fixed/Floating Rate Notes

·??Title of the Series:
2.738% Fixed/Floating Rate Senior Notes, due January 2022
·??Aggregate Principal Amount Initially Being Issued:
$1,500,000,000
·??Issue Date:
January 23, 2018
·?? CUSIP No.:
06051GGY9
·?? ISIN:
US06051GGY98
·?? Maturity Date:
January 23, 2022
·?? Minimum Denominations:
$2,000 and multiples of $1,000 in excess of $2,000
·?? Ranking:
Senior
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Form 424(b)(5)
·?? Fixed Rate Coupon:
2.738% payable semi-annually in arrears from, and including, the
Issue Date to, but excluding, January 23, 2021 (the "4-Year Fixed
Rate Period").
·?? Floating Rate Coupon:
Base Rate plus 37 basis points, payable quarterly in arrears from, and
including, January 23, 2021 to, but excluding, the Maturity Date (the
"4-Year Floating Rate Period").
·?? Base Rate:
Three-Month LIBOR (Reuters Page LIBOR01)
·?? Index Maturity:
90 days
·?? Interest Payment Dates and Interest Reset Dates during the 4-
During the 4-Year Fixed Rate Period, January 23 and July 23 of each
Year Floating Rate Period:
year, beginning July 23, 2018 and ending January 23, 2021, subject
to the following unadjusted business day convention. During the 4-
Year Floating Rate Period, each of April 23, 2021, July 23, 2021,
October 23, 2021 and January 23, 2022, subject to adjustment in
accordance with the modified following business day convention
(adjusted). Each Interest Payment Date during the 4-Year Floating
Rate Period also will be an Interest Reset Date.
·?? Interest Determination Dates during the
Second London banking day prior to the applicable Interest Reset
4-Year Floating Rate Period:
Date.
·?? Day Count Fraction:
30/360 during the 4-Year Fixed Rate Period, Actual/360 during the
4-Year Floating Rate Period
·?? Optional Redemption:
We will have the option to redeem the 4-year fixed/floating rate
notes, in whole at any time or in part from time to time, on or after
July 23, 2018 (or, if additional 4-year fixed/floating rate notes are
issued after January 23, 2018, beginning six months after the issue
date of such additional 4-year fixed/floating rate notes), and prior to
January 23, 2021, at the applicable "make-whole" redemption price
for the 4-year fixed/floating rate notes described below under the
heading "Specific Terms of the Notes--Optional Redemption of the
Fixed/Floating Rate Notes." We also will have the option to redeem
the 4-year fixed/floating rate

PS-3
Table of Contents

notes, in whole, but not in part, on January 23, 2021 at 100% of the
principal amount of the 4-year fixed/floating rate notes being
redeemed. If we redeem any 4-year fixed/floating rate notes, we also
will pay accrued and unpaid interest, if any, thereon, to, but
excluding, the redemption date.

Terms of the 8-Year Fixed/Floating Rate Notes

·?? Title of the Series:
3.366% Fixed/Floating Rate Senior Notes, due January 2026
·?? Aggregate Principal Amount Initially
$2,000,000,000
Being Issued:

·?? Issue Date:
January 23, 2018
·?? CUSIP No.:
06051GGZ6
·?? ISIN:
US06051GZ63
·?? Maturity Date:
January 23, 2026
·?? Minimum Denominations:
$2,000 and multiples of $1,000 in excess of $2,000
·?? Ranking:
Senior
·?? Fixed Rate Coupon:
3.366% payable semi-annually in arrears from, and including, the
Issue Date to, but excluding, January 23, 2025 (the "8-Year Fixed
Rate Period").
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Form 424(b)(5)
·?? Floating Rate Coupon:
Base Rate plus 81 basis points, payable quarterly in arrears from, and
including, January 23, 2025 to, but excluding, the Maturity Date (the
"8-Year Floating Rate Period").
·?? Base Rate:
Three-Month LIBOR (Reuters Page LIBOR01)
·??Index Maturity:
90 days
·?? Interest Payment Dates and Interest Reset Dates during the 8-
During the 8-Year Fixed Rate Period, January 23 and July 23 of each
Year Floating Rate Period:
year, beginning July 23, 2018 and ending January 23, 2025, subject
to the following unadjusted business day convention. During the 8-
Year Floating Rate Period, each of April 23, 2025, July 23, 2025,
October 23, 2025 and January 23, 2026, subject to adjustment in
accordance with the modified following business day convention
(adjusted). Each Interest Payment Date during the 8-Year Floating
Rate Period also will be an Interest Reset Date.
·?? Interest Determination Dates during the 8-Year Floating Rate
Second London banking day prior to the applicable Interest Reset
Period:
Date.
·?? Day Count Fraction:
30/360 during the 8-Year Fixed Rate Period, Actual/360 during the
8-Year Floating Rate Period
·?? Optional Redemption:
We will have the option to redeem the 8-year fixed/floating rate
notes, in whole at any time or in part from time to time, on or after
July 23, 2018 (or, if additional 8-year fixed/floating rate notes are
issued after January 23, 2018,

PS-4
Table of Contents

beginning six months after the issue date of such additional 8-year
fixed/floating rate notes), and prior to January 23, 2025, at the
applicable "make-whole" redemption price for the 8-year
fixed/floating rate notes described below under the heading "Specific
Terms of the Notes--Optional Redemption of the Fixed/Floating
Rate Notes." We also will have the option to redeem the 8-year
fixed/floating rate notes, in whole, but not in part, on January 23,
2025 at 100% of the principal amount of the 8-year fixed/floating
rate notes being redeemed. If we redeem any 8-year fixed/floating
rate notes, we also will pay accrued and unpaid interest, if any,
thereon, to, but excluding, the redemption date.

Terms of the 31-Year Fixed/Floating Rate Notes

·??Title of Series:
3.946% Fixed/Floating Rate Senior Notes, due January 2049
·??Aggregate Principal Amount Initially
$1,250,000,000
Being Issued:

·??Issue Date:
January 23, 2018
·??CUSIP No.:
06051GHA0
·??ISIN:
US06051GHA04
·??Maturity Date:
January 23, 2049
·??Minimum Denominations:
$2,000 and multiples of $1,000 in excess of
$2,000
·??Ranking:
Senior
·??Fixed Rate Coupon:
3.946% payable semi-annually in arrears from, and including, the
Issue Date to, but excluding, January 23, 2048 (the "31-Year Fixed
Rate Period").
·??Floating Rate Coupon:
Base Rate plus 119 basis points, payable quarterly in arrears from,
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Form 424(b)(5)
and including, January 23, 2048 to, but excluding, the Maturity Date
(the "31-Year Floating Rate Period").
·??Base Rate:
Three-Month LIBOR (Reuters page LIBOR01)
·??Index Maturity:
90 days
·??Interest Payment Dates and Interest Reset Dates during the 31-
During the 31-Year Fixed Rate Period, January and July 23 of each
Year Floating Rate Period:
year, beginning July 23, 2018 and ending January 23, 2048, subject
to the following unadjusted business day convention. During the 31-
Year Floating Rate Period, each of April 23, 2048, July 23, 2048,
October 23, 2048 and January 23, 2049, subject to adjustment in
accordance with the modified following business day convention
(adjusted). Each Interest Payment Date during the 31-Year Floating
Rate Period also will be an Interest Reset Date.

PS-5
Table of Contents
·??Interest Determination Dates during the 31-Year Floating Rate
Second London banking day prior to the applicable Interest Reset
Period:
Date.
·??Day Count Fraction:
30/360 during the 31-Year Fixed Rate Period, Actual/360 during the
31-Year Floating Rate Period.
·??Optional Redemption:
We will have the option to redeem the 31-year fixed/floating rate
notes, in whole at any time or in part from time to time, on or after
July 23, 2018 (or, if additional 31-year fixed/floating rate notes are
issued after January 23, 2018, beginning six months after the issue
date of such additional 31-year fixed/floating rate notes), and prior to
January 23, 2048, at the applicable "make-whole" redemption price
for the 31-year fixed/floating rate notes described below under the
heading "Specific Terms of the Notes--Optional Redemption of the
Fixed/Floating Rate Notes." We also will have the option to redeem
the 31-year fixed/floating rate notes, in whole, but not in part, on
January 23, 2048 at 100% of the principal amount of the 31-year
fixed/floating rate notes being redeemed. If we redeem any 31-year
fixed/floating rate notes, we also will pay accrued and unpaid
interest, if any, thereon to, but excluding, the redemption date.

Terms Applicable to Each Series of the Notes

·??Record Dates for Interest Payments:
For book-entry only notes, one business day prior to the applicable
Interest Payment Date. If the notes are not held in book-entry only
form, the record dates will be the fifteenth calendar day preceding
the applicable Interest Payment Date as originally scheduled to
occur.
·??Repayment at Option of Holder:
None
·??Listing:
None
·??Selling Agents and Conflicts of Interest:
As set forth beginning on page PS-9.
·??Further Issuances:
We have the ability to "reopen," or increase after the Issue Date, the
aggregate principal amount of each series of notes initially being
issued without notice to the holders of existing notes of the relevant
series by selling additional notes of that series having the same
terms, provided that such additional notes shall be fungible for U.S.
federal income tax purposes. However, any new notes of this kind
may have a different offering price and may begin to bear interest on
a different date.

Optional Redemption of the Floating Rate Notes

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Form 424(b)(5)
We may redeem the floating rate notes, at our option, in whole, but not in part, on the Interest Payment Date on January 23, 2021, upon at
least 10 business days' but not more than 60 calendar days' prior written notice to holders of the floating rate notes as described in the attached
prospectus, at a redemption price equal to 100% of the principal amount of the floating rate notes being redeemed, plus accrued and unpaid interest,
if any, thereon, to, but excluding, the redemption date.

PS-6
Table of Contents
Notwithstanding the foregoing, any interest on floating rate notes being redeemed that is due and payable on an Interest Payment Date falling
on or prior to a redemption date for such floating rate notes will be payable on such Interest Payment Date to holders of such floating rate notes
being redeemed as of the close of business on the relevant record date according to the terms of the floating rate notes and the Senior Indenture.

Unless we default on payment of the redemption price, interest will cease to accrue on the floating rate notes on the redemption date.

Optional Redemption of the Fixed/Floating Rate Notes

We may redeem the fixed/floating rate notes of any series, at our option, in whole, but not in part, on (a) January 23, 2021, for the 4-year
fixed/floating rate notes, (b) January 23, 2025, for the 8-year fixed/floating rate notes, and (c) January 23, 2048, for the 31-year fixed/floating rate
notes in each case, upon at least 10 business days' but not more than 60 calendar days' prior written notice to holders of the fixed/floating rate
notes being redeemed at a redemption price equal to 100% of the principal amount of such fixed/floating rate notes, plus accrued and unpaid
interest, if any, thereon, to, but excluding, the applicable redemption date.

In addition, we may redeem the fixed/floating rate notes of any series, at our option, in whole at any time or in part from time to time, on or
after July 23, 2018 (or, if additional fixed/floating rate notes of any series are issued after January 23, 2018, then, for such series of fixed/floating
rate notes, beginning six months after the issue date of such additional fixed/floating rate notes), and prior to (a) January 23, 2021, for the 4-year
fixed/floating rate notes, (b) January 23, 2025, for the 8-year fixed/floating rate notes, and (c) January 23, 2048, for the 31-year fixed/floating rate
notes in each case, upon at least 10 business days' but not more than 60 calendar days' prior written notice to the holders of the fixed/floating rate
notes being redeemed, at a "make-whole" redemption price equal to the greater of:

(i) 100% of the principal amount of the fixed/floating rate notes being redeemed; or

(ii) as determined by the quotation agent described below, the sum of the present values of the scheduled payments of principal and interest
on the fixed/floating rate notes being redeemed, that would have been payable from the applicable redemption date to (A) January 23, 2021, for the
4-year fixed/floating rate notes, (B) January 23, 2025, for the 8-year fixed/floating rate notes and (C) January 23, 2048, for the 31-year
fixed/floating rate notes (not including, for any such fixed/floating rate notes, interest accrued to, but excluding, the applicable redemption date), in
each case, discounted to the applicable redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at
the treasury rate plus (a) for the 4-year fixed/floating rate notes, 10 basis points, (b) for the 8-year fixed/floating rate notes, 15 basis points, and (c)
for the 31-year fixed/floating rate notes, 20 basis points,
plus, in either case of (i) or (ii) above, accrued and unpaid interest, if any, on the principal amount of the fixed/floating rate notes being redeemed
to, but excluding, the applicable redemption date.

Notwithstanding the foregoing, any interest on fixed/floating rate notes of any series being redeemed that is due and payable on an Interest
Payment Date falling on or prior to a redemption date for such fixed/floating rate notes will be payable on such Interest Payment Date to holders of
such fixed/floating rate notes as of the close of business on the relevant record date according to the terms of such fixed/floating rate notes and the
Senior Indenture.

For the fixed/floating rate notes of any series being redeemed, in each case, "treasury rate" means, with respect to the applicable redemption
date, the rate per annum equal to: (1) the yield, under the heading that represents the average for the week immediately prior to the applicable
calculation date, appearing in the most recently published statistical release appearing on the website of the Board of Governors of the Federal
Reserve System or in another recognized electronic source, in each case, as determined by the quotation agent in its sole discretion, and that
establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity, for the maturity corresponding to the applicable
comparable treasury issue; provided that, if no such maturity is within three months before or after (a) January 23, 2021, for the 4-year
fixed/floating rate notes, (b) January 23, 2025, for the 8-year fixed/floating rate notes, and (c) January 23, 2048, for the 31-year fixed/floating rate
notes in each case, yields for the two published maturities most

PS-7
Table of Contents
closely corresponding to the applicable comparable treasury issue will be determined and the applicable treasury rate will be interpolated or
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Form 424(b)(5)
extrapolated from those yields on a straight-line basis, rounding to the nearest month; or (2) if such release (or any successor release) is not
published during the week immediately prior to the applicable calculation date or does not contain such yields, the semi-annual equivalent yield to
maturity or interpolated maturity (on a day-count basis) of the applicable comparable treasury issue, calculated using a price for the applicable
comparable treasury issue (expressed as a percentage of its principal amount) equal to the related comparable treasury price for such redemption
date.

The applicable treasury rate will be calculated by the quotation agent on the third business day preceding the applicable redemption date of
the fixed/floating rate notes of any series being redeemed.

For the fixed/floating rate notes of any series being redeemed, in each case, in determining the applicable treasury rate, the below terms will
have the following meaning:

"comparable treasury issue" means, with respect to the applicable redemption date for the fixed/floating rate notes being redeemed, the
U.S. Treasury security or securities selected by the quotation agent as having an actual or interpolated (on a day-count basis) maturity comparable
to the remaining term of such fixed/floating rate notes, as if such fixed/floating rate notes matured on (1) January 23, 2021, for the 4-year
fixed/floating rate notes, (2) January 23, 2025, for the 8-year fixed/floating rate notes, and (3) January 23, 2048, for the 31-year fixed/floating rate
notes, that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt
securities of comparable maturity to the remaining term of such fixed/floating rate notes as if such fixed/floating rate notes matured on (a) January
23, 2021, for the 4-year fixed/floating rate notes, (b) January 23, 2025, for the 8-year fixed/floating rate notes and (c) January 23, 2048, for the 31-
year fixed/floating rate notes.

"comparable treasury price" means, with respect to any applicable redemption date, (1) the average of the reference treasury dealer
quotations for such redemption date, after excluding the highest and lowest reference treasury dealer quotations, provided that the quotation agent
obtains five reference treasury dealer quotations, or (2) if the quotation agent obtains fewer than five such reference treasury dealer quotations, the
average of all such quotations.

"quotation agent" means Merrill Lynch, Pierce, Fenner & Smith Incorporated, or its successor, or, if that firm is unwilling or unable to
select the comparable treasury issue, an investment bank of national standing appointed by us.

"reference treasury dealer" means (1) Merrill Lynch, Pierce, Fenner & Smith Incorporated, unless that firm ceases to be a primary U.S.
government securities dealer in New York City (referred to in this pricing supplement as a "primary treasury dealer"), in which case we will
substitute another primary treasury dealer, and (2) four other primary treasury dealers that we may select.

"reference treasury dealer quotations" means, with respect to each reference treasury dealer and any redemption date, the average, as
determined by the quotation agent, of the bid and asked prices for the applicable comparable treasury issue (expressed in each case as a percentage
of its principal amount) quoted in writing to the quotation agent by such reference treasury dealer at 3:30 p.m., New York City time, on the third
business day preceding such redemption date.

Unless we default on payment of the applicable redemption price, interest will cease to accrue on the applicable fixed/floating rate notes of
any series or portions thereof called for redemption on the applicable redemption date. If fewer than all of the applicable fixed/floating rate notes of
any series are to be redeemed, for so long as such fixed/floating rate notes are in book-entry only form, such fixed/floating rate notes to be
redeemed will be selected in accordance with the procedures of The Depository Trust Company.

Because Merrill Lynch, Pierce, Fenner & Smith Incorporated is our affiliate, the economic interests of Merrill Lynch, Pierce, Fenner &
Smith Incorporated may be adverse to your interests as a holder of the fixed/floating rate notes subject to our redemption, including with respect to
certain determinations and judgments it must make as quotation agent in the event that we redeem the fixed/floating rate notes of any series before
their maturity pursuant to the "make-whole" optional redemption described above. Merrill Lynch, Pierce, Fenner & Smith Incorporated is
obligated to carry out its duties and functions as quotation agent in good faith.

PS-8
Table of Contents
SUPPLEMENTAL INFORMATION CONCERNING THE PLAN OF DISTRIBUTION AND CONFLICTS OF INTEREST

On January 18, 2018, we entered into an agreement with the selling agents identified below for the purchase and sale of the notes. We have
agreed to sell to each of the selling agents, and each of the selling agents has agreed to purchase from us, the principal amount of the notes shown
opposite its name in the table below at the public offering price set forth above.

Principal
Principal
Principal
Principal
Amount of 4-
Amount of 8-
Amount of 31-
Amount of
Year Fixed/
Year Fixed/
Year Fixed/
Floating Rate
Floating Rate
Floating Rate
Floating Rate
Selling Agent
Notes ($)
Notes ($)
Notes ($)
Notes ($)
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Form 424(b)(5)

Merrill Lynch, Pierce, Fenner & Smith
Incorporated
$382,500,000 $1,147,500,000 $1,530,000,000 $
956,250,000
ABN AMRO Securities (USA) LLC

3,750,000
11,250,000
15,000,000
9,375,000
ANZ Securities, Inc.

3,750,000
11,250,000
15,000,000
9,375,000
BB&T Capital Markets, a division of BB&T Securities, LLC

3,750,000
11,250,000
15,000,000
9,375,000
BBVA Securities Inc.

3,750,000
11,250,000
15,000,000
9,375,000
BMO Capital Markets Corp.

3,750,000
11,250,000
15,000,000
9,375,000
BNY Mellon Capital Markets, LLC

3,750,000
11,250,000
15,000,000
9,375,000
Capital One Securities, Inc.

3,750,000
11,250,000
15,000,000
9,375,000
CIBC World Markets Corp.

3,750,000
11,250,000
15,000,000
9,375,000
Commonwealth Bank of Australia

3,750,000
11,250,000
15,000,000
9,375,000
Credit Agricole Securities (USA) Inc.

3,750,000
11,250,000
15,000,000
9,375,000
Danske Markets Inc.

3,750,000
11,250,000
15,000,000
9,375,000
Deutsche Bank Securities Inc.

3,750,000
11,250,000
15,000,000
9,375,000
HSBC Securities (USA) Inc.

3,750,000
11,250,000
15,000,000
9,375,000
ICBC Standard Bank Plc

3,750,000
11,250,000
15,000,000
9,375,000
ING Financial Markets LLC

3,750,000
11,250,000
15,000,000
9,375,000
Lloyds Securities Inc.

3,750,000
11,250,000
15,000,000
9,375,000
Mizuho Securities USA LLC

3,750,000
11,250,000
15,000,000
9,375,000
nabSecurities, LLC

3,750,000
11,250,000
15,000,000
9,375,000
Natixis Securities Americas LLC

3,750,000
11,250,000
15,000,000
9,375,000
Rabo Securities USA, Inc.

3,750,000
11,250,000
15,000,000
9,375,000
RBC Capital Markets, LLC

3,750,000
11,250,000
15,000,000
9,375,000
RBS Securities Inc. (marketing name "NatWest Markets")

3,750,000
11,250,000
15,000,000
9,375,000
Santander Investment Securities Inc.

3,750,000
11,250,000
15,000,000
9,375,000
Scotia Capital (USA) Inc.

3,750,000
11,250,000
15,000,000
9,375,000
SG Americas Securities, LLC

3,750,000
11,250,000
15,000,000
9,375,000
SMBC Nikko Securities America, Inc.

3,750,000
11,250,000
15,000,000
9,375,000
Standard Chartered Bank

3,750,000
11,250,000
15,000,000
9,375,000
The Huntington Investment Company

3,750,000
11,250,000
15,000,000
9,375,000
UniCredit Capital Markets LLC

3,750,000
11,250,000
15,000,000
9,375,000
Westpac Capital Markets, LLC

3,750,000
11,250,000
15,000,000
9,375,000
Blaylock Van, LLC

1,250,000
3,750,000
5,000,000
3,125,000
Loop Capital Markets LLC

1,250,000
3,750,000
5,000,000
3,125,000
Multi-Bank Securities, Inc.

1,250,000
3,750,000
5,000,000
3,125,000
Siebert Cisneros Shank & Co., L.L.C.

1,250,000
3,750,000
5,000,000
3,125,000

Total
$500,000,000 $1,500,000,000 $2,000,000,000 $1,250,000,000

PS-9
Table of Contents
The selling agents may sell the notes to certain dealers at the public offering price, less a concession which will not exceed 0.15% of the
principal amount of the floating rate notes, 0.15% of the principal amount of the 4-year fixed/floating rate notes, 0.24% of the principal amount of
the 8-year fixed/floating rate notes, and 0.50% of the principal amount of the 31-year fixed/floating rate notes, and the selling agents and those
dealers may resell the notes to other dealers at a reallowance discount which will not exceed 0.10% of the principal amount of the floating rate
notes, 0.10% of the principal amount of the 4-year fixed/floating rate notes, 0.16% of the principal amount of the 8-year fixed/floating rate notes
and, 0.35% of the principal amount of the 31-year fixed/floating rate notes.

After the initial offering of the notes, the concessions and reallowance discounts for the notes may change.

We estimate that the total offering expenses for the notes, excluding the selling agents' commissions, will be approximately $1,540,050.

Merrill Lynch, Pierce, Fenner & Smith Incorporated is our wholly-owned subsidiary, and we will receive the net proceeds of the offering.

We expect that delivery of the notes will be made to investors on or about January 23, 2018, which is the third business day following the
date of this pricing supplement (such settlement being referred to as "T+3"). Under Rule 15c6-1 of the Securities and Exchange Act of 1934, trades
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Form 424(b)(5)
in the secondary market generally are required to settle in two business days, unless the parties to a trade expressly agree otherwise. Accordingly,
purchasers who wish to trade notes on the date of this pricing supplement or the next succeeding business day will be required, by virtue of the fact
that the notes initially settle in T+3, to specify an alternate settlement cycle at the time of the trade to prevent a failed settlement and should consult
their own advisors in connection with that election.

Some of the selling agents and their affiliates have engaged in, and may in the future engage in, investment banking and other commercial
dealings in the ordinary course of business with us or our affiliates. They have received, or may in the future receive, customary fees and
commissions for these transactions.

In addition, in the ordinary course of their business activities, the selling agents and their affiliates may make or hold a broad array of
investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their
own account and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of ours or
our affiliates. Certain of the selling agents or their affiliates that have a lending relationship with us routinely hedge their credit exposure to us
consistent with their customary risk management policies. Typically, such selling agents and their affiliates would hedge such exposure by entering
into transactions which consist of either the purchase of credit default swaps or the creation of short positions in our securities, including
potentially the notes offered hereby. Any such short positions could adversely affect future trading prices of the notes offered hereby. The selling
agents and their affiliates may also make investment recommendations and/or publish or express independent research views in respect of such
securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and
instruments.

Standard Chartered Bank will not effect any offers or sales of any notes in the United States unless it is through one or more U.S. registered
broker-dealers as permitted by the regulations of the Financial Industry Regulatory Authority, Inc.

ICBC Standard Bank Plc is restricted in its U.S. securities dealings under the United States Bank Holding Company Act and may not
underwrite, subscribe, agree to purchase or procure purchasers to purchase notes that are offered or sold in the United States. Accordingly, ICBC
Standard Bank Plc shall not be obligated to, and shall not, underwrite, subscribe, agree to purchase or procure purchasers to purchase notes that
may be offered or sold by other underwriters in the United States. ICBC Standard Bank Plc shall offer and sell the notes constituting part of its
allotment solely outside the United States.

PS-10
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To the extent any other underwriter that is not a U.S. registered broker-dealer intends to effect any offers or sales of any notes in the United
States, it will do so through one or more U.S. registered broker-dealers in accordance with the applicable U.S. securities laws and regulations.

Selling Restrictions

Cayman Islands. The notes may not be offered to the public in the Cayman Islands.

VALIDITY OF THE NOTES

In the opinion of McGuireWoods LLP, as counsel to Bank of America Corporation ("BAC"), when the notes offered hereby have been
completed and executed by BAC, and authenticated by the trustee, and the notes have been delivered against payment therefor as contemplated in
this pricing supplement and the related prospectus and prospectus supplement, all in accordance with the provisions of the indenture governing the
notes, such notes will be legal, valid and binding obligations of BAC, subject to the effect of applicable bankruptcy, insolvency (including laws
relating to preferences, fraudulent transfers and equitable subordination), reorganization, moratorium and other similar laws affecting creditors'
rights generally, and to general principles of equity. This opinion is given as of the date of this pricing supplement and is limited to the laws of the
State of New York and the Delaware General Corporation Law (including the statutory provisions, all applicable provisions of the Delaware
Constitution and reported judicial decisions interpreting the foregoing) as in effect on the date hereof. In addition, this opinion is subject to
customary assumptions about the trustee's authorization, execution and delivery of the indenture governing the notes, the validity, binding nature
and enforceability of the indenture governing the notes with respect to the trustee, the legal capacity of individuals, the genuineness of signatures,
the authenticity of all documents submitted to McGuireWoods LLP as originals, the conformity to original documents of all documents submitted
to McGuireWoods LLP as copies thereof, the authenticity of the originals of such copies and certain factual matters, all as stated in the letter of
McGuireWoods LLP dated January 13, 2017, which has been filed as an exhibit to BAC's Current Report on Form 8-K dated January 13, 2017.

PS-11
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Form 424(b)(5)

Medium-Term Notes, Series M
We may offer from time to time our Bank of America Corporation Medium-Term Notes, Series M. The specific terms of any notes that we offer
will be determined before each sale and will be described in a separate pricing supplement, prospectus addendum and/or other prospectus
supplement (each, a "supplement"). Terms may include:

· Priority: senior or subordinated
· Maturity: 365 days (one year) or more

· Interest rate: notes may bear interest at fixed or floating rates, or
· Indexed notes: principal, premium (if any), interest payments, or
may not bear any interest
other amounts payable (if any) linked, either directly or indirectly, to

the price or performance of one or more market measures
· Base floating rates of interest:

federal funds rate
· Payments: U.S. dollars or any other currency that we specify in the

applicable supplement

LIBOR

EURIBOR

prime rate

treasury rate

any other rate we specify

We may sell notes to the selling agents as principal for resale at varying or fixed offering prices or through the selling agents as agents using their
best efforts on our behalf. We also may sell the notes directly to investors.
We may use this prospectus supplement and the accompanying prospectus in the initial sale of any notes. In addition, Merrill Lynch, Pierce,
Fenner & Smith Incorporated, or any of our other broker-dealer affiliates, may use this prospectus supplement and the accompanying prospectus in
a market-making transaction in any notes after their initial sale. Unless we or one of our selling agents informs you otherwise in the confirmation
of sale, this prospectus supplement and the accompanying prospectus are being used in a market-making transaction.
Unless otherwise specified in the applicable supplement, we do not intend to list the notes on any securities exchange.
Investing in the notes involves risks. See "Risk Factors" beginning on page S-5.

Our notes are unsecured and are not savings accounts, deposits, or other obligations of a bank. Our notes are not guaranteed by Bank of America,
N.A. or any other bank, are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, and involve investment
risks.
None of the Securities and Exchange Commission, any state securities commission, or any other regulatory body has approved or disapproved of
these notes or passed upon the adequacy or accuracy of this prospectus supplement or the accompanying prospectus. Any representation to the
contrary is a criminal offense.

BofA Merrill Lynch

Prospectus Supplement to Prospectus dated May 1, 2015
September 11, 2017
Table of Contents
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Document Outline

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