Obligation America Bank 4.875% ( US06051GFG91 ) en USD

Société émettrice America Bank
Prix sur le marché refresh price now   100 %  ▲ 
Pays  Etats-unis
Code ISIN  US06051GFG91 ( en USD )
Coupon 4.875% par an ( paiement semestriel )
Echéance 31/03/2044



Prospectus brochure de l'obligation Bank of America US06051GFG91 en USD 4.875%, échéance 31/03/2044


Montant Minimal 2 000 USD
Montant de l'émission 1 500 000 000 USD
Cusip 06051GFG9
Notation Standard & Poor's ( S&P ) A- ( Qualité moyenne supérieure )
Notation Moody's A2 ( Qualité moyenne supérieure )
Prochain Coupon 01/10/2025 ( Dans 45 jours )
Description détaillée Bank of America est une société financière américaine offrant une large gamme de services bancaires, de gestion de patrimoine et d'investissement aux particuliers et aux entreprises, à travers un vaste réseau d'agences et de canaux numériques.

**Analyse Approfondie de l'Obligation Bank of America (ISIN : US06051GFG91)** Le présent article détaille les caractéristiques d'une émission obligataire majeure d'une institution financière de premier plan. L'instrument financier en question est une obligation, identifiée par le code ISIN US06051GFG91 et le code CUSIP 06051GFG9. Son émetteur est Bank of America Corporation, l'une des institutions financières multinationales américaines les plus importantes. La banque fournit un éventail complet de services bancaires et financiers à des particuliers, des petites et moyennes entreprises, et de grandes entreprises à travers les États-Unis et le monde, jouant un rôle central dans l'économie globale et figurant parmi les leaders en termes d'actifs et de capitalisation boursière. Cette obligation, émise aux États-Unis et libellée en dollars américains (USD), offre un taux d'intérêt nominal fixe de 4,875%. Les paiements d'intérêts sont effectués avec une fréquence de deux fois par an, soit de manière semi-annuelle, garantissant un flux de revenus régulier aux porteurs. La date de maturité de cette émission est fixée au 31 mars 2044, conférant à cette obligation une durée de vie relativement longue de près de vingt ans. La taille totale de l'émission s'élève à 1 500 000 000 USD (un milliard cinq cents millions de dollars américains), témoignant de son envergure sur le marché primaire. Pour les investisseurs désireux d'acquérir cette dette, la taille minimale à l'achat est de 2 000 USD. Actuellement, l'obligation se négocie à 100% de son prix nominal sur le marché, indiquant qu'elle est échangée à sa valeur faciale. Concernant la qualité de crédit de l'émetteur, cette obligation bénéficie de notations solides de la part des agences de notation internationales. Standard & Poor's (S&P) lui attribue une note de 'A-', tandis que Moody's la note 'A2'. Ces notations, qui se situent toutes deux dans la catégorie "Investment Grade" (qualité d'investissement), témoignent d'une forte capacité de Bank of America à honorer ses engagements financiers, bien qu'elles suggèrent une sensibilité modérée aux conditions économiques et financières défavorables, comparées aux notations supérieures de la catégorie 'AAA' ou 'Aa'.







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CALCULATION OF REGISTRATION FEE


Title of Each Class of
Proposed Maximum
Amount of Registration
Securities to be Registered

Aggregate Offering Price

Fee(1)
2.650% Senior Notes, due April 2019

$2,500,000,000

$322,000
Floating Rate Senior Notes, due April 2019

$850,000,000

$109,480
4.000% Senior Notes, due April 2024

$2,750,000,000

$354,200
4.875% Senior Notes, due April 2044

$1,500,000,000

$193,200

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.
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Filed Pursuant to Rule 424(b)(5)
Registration No. 333-180488

Pricing Supplement No. 1327
(To Prospectus dated March 30, 2012 and
Prospectus Supplement dated March 30, 2012)
March 27, 2014


$7,600,000,000
Medium-Term Notes, Series L
$2,500,000,000 2.650% Senior Notes, due April 2019
$850,000,000 Floating Rate Senior Notes, due April 2019
$2,750,000,000 4.000% Senior Notes, due April 2024
$1,500,000,000 4.875% Senior Notes, due April 2044
This pricing supplement describes four series of our senior notes that will be issued under our Medium-Term Note Program, Series L.
We refer to our 2.650% Senior Notes, due April 2019 as the "5-year fixed rate notes," to our Floating Rate Senior Notes, due April
2019 as the "5-year floating rate notes," to our 4.000% Senior Notes, due April 2024 as the "10-year fixed rate notes," to our 4.875%
Senior Notes, due April 2044 as the "30-year fixed rate notes," and to the 5-year fixed rate notes, the 5-year floating rate notes, the
10-year fixed rate notes, and the 30-year fixed rate notes collectively as the "notes."
The 5-year fixed rate notes mature on April 1, 2019. We will pay interest on the 5-year fixed rate notes for each semi-annual interest
period at a rate of 2.650% per annum.
The 5-year floating rate notes mature on April 1, 2019. We will pay interest on the 5-year floating rate notes for each quarterly
interest period at a floating rate per annum equal to three-month LIBOR plus a spread of 0.87%.
The 10-year fixed rate notes mature on April 1, 2024. We will pay interest on the 10-year fixed rate notes for each semi-annual
interest period at a rate of 4.000% per annum.
The 30-year fixed rate notes mature on April 1, 2044. We will pay interest on the 30-year fixed rate notes for each semi-annual
interest period at a rate of 4.875% per annum.
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 any of these series of 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 8 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.

5-Year Fixed Rate Notes
5-Year Floating Rate Notes
10-Year Fixed Rate Notes
30-Year Fixed Rate Notes






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










Public Offering Price
99.972% $2,499,300,000
100.00% $ 850,000,000
99.625% $ 2,739,687,500
99.906% $ 1,498,590,000
Selling Agents' Commission

0.350% $
8,750,000
0.350% $
2,975,000
0.450% $
12,375,000
0.875% $
13,125,000









Proceeds (before expenses)
99.622% $2,490,550,000
99.650% $ 847,025,000
99.175% $ 2,727,312,500
99.031% $ 1,485,465,000
Sole Book-Runner
BofA Merrill Lynch

ABN AMRO

ANZ Securities

Banca IMI

Barclays
BBVA

BB&T Capital Markets
Capital One Securities

COMMERZBANK
Credit Agricole CIB

Danske Markets Inc
Deutsche Bank Securities
Fifth Third Securities, Inc.
Huntington Investment Company
ING

KBC Securities USA

Lloyds Securities
Mizuho Securities

nabSecurities, LLC

Natixis
RB International Markets (USA)
RBC Capital Markets

RBS

Santander

Scotiabank
SOCIETE GENERALE

Standard Chartered Bank

UniCredit Capital Markets
Apto Partners, LLC

CastleOakSecurities, L.P.

Lebenthal & Co., LLC

The Williams Capital Group, L.P.
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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 L included in the attached Series L prospectus supplement dated March 30, 2012, and the general
description of our debt securities included in "Description of Debt Securities" in the attached prospectus, dated March 30, 2012 (as
supplemented, together with all documents incorporated by reference, the "prospectus"). 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 5-Year Fixed Rate Notes
· Title of the Series:
2.650% Senior Notes, due April 2019
· Aggregate Principal Amount
$2,500,000,000
Initially Being Issued:

· Issue Date:
April 1, 2014
· CUSIP No.:
06051GFD6
· ISIN:
US06051GFD60
· Maturity Date for Principal:
April 1, 2019
· Minimum Denominations:
$2,000 and multiples of $1,000 in excess of $2,000
· Ranking:
Senior
· Day Count Fraction:
30/360
· Interest Rate:
2.650% per annum
· Interest Periods:
Semi-annual
· Interest Payment Dates:
April 1 and October 1 of each year, commencing October 1,
2014, subject to the following business day convention
(unadjusted).
· 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 day
of the calendar month preceding the month in which the
applicable Interest Payment Date is scheduled to occur.
· Optional Redemption:
None
· Repayment at Option of Holder:
None
· Listing:
None
· Selling Agents and Conflicts of Interest:
As set forth beginning on page PS-6

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Terms of the 5-Year Floating Rate Notes
· Title of the Series:
Floating Rate Senior Notes, due April 2019
· Aggregate Principal Amount
$850,000,000
Initially Being Issued:

· Issue Date:
April 1, 2014
· CUSIP No.:
06051GFE4
· ISIN:
US06051GFE44
· Maturity Date for Principal:
April 1, 2019
· 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 LIBOR01)
· Index Maturity:
90 days
· Spread:
87 basis points
· Interest Periods:
Quarterly. The initial interest period will be the period from,
and including, the Issue Date to, but excluding July 1, 2014, the
initial Interest Payment Date. The subsequent interest periods
will be the periods from, and including, the applicable Interest
Payment Date to, but excluding, the next Interest Payment Date
or the Maturity Date, as applicable
· Interest Payment Dates and Interest Reset Dates:
January 1, April 1, July 1, and October 1 of each year,
commencing July 1, 2014, subject to adjustment in accordance
with the modified following business day convention.
· Interest Determination Dates:
Second London banking day preceding the applicable Interest
Reset Date.
· 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 day
of the calendar month preceding the month in which the
applicable Interest Payment Date is scheduled to occur.
· Optional Redemption:
None
· Repayment at Option of Holder:
None
· Listing:
None
· Selling Agents and Conflicts of Interest:
As set forth beginning on page PS-6

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Terms of the 10-Year Fixed Rate Notes
· Title of the Series:
4.000% Senior Notes, due April 2024
· Aggregate Principal Amount
$2,750,000,000
Initially Being Issued:

· Issue Date:
April 1, 2014
· CUSIP No.:
06051GFF1
· ISIN:
US06051GFF19
· Maturity Date for Principal:
April 1, 2024
· Minimum Denominations:
$2,000 and multiples of $1,000 in excess of $2,000
· Ranking:
Senior
· Day Count Fraction:
30/360
· Interest Rate:
4.000%
· Interest Periods:
Semi-annual
· Interest Payment Dates:
April 1 and October 1 of each year, commencing on October 1,
2014, subject to the following business day convention
(unadjusted).
· 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 day
of the calendar month preceding the month in which the
applicable Interest Payment Date is scheduled to occur.
· Optional Redemption:
None
· Repayment at Option of Holder:
None
· Listing:
None
· Selling Agents and Conflicts of Interest:
As set forth beginning on page PS-6

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Terms of the 30-Year Fixed Rate Notes
· Title of the Series:
4.875% Senior Notes, due April 1, 2044
· Aggregate Principal Amount Initially
$1,500,000,000
Being Issued:

· Issue Date:
April 1, 2014
· CUSIP No.:
06051GFG9
· ISIN:
US06051GFG91
· Maturity Date for Principal:
April 1, 2044
· Minimum Denominations:
$2,000 and multiples of $1,000 in excess of $2,000
· Ranking:
Senior
· Day Count Fraction:
30/360
· Interest Rate:
4.875%
· Interest Periods:
Semi-annual
· Interest Payment Dates:
April 1 and October 1 of each year, commencing on October 1,
2014, subject to the following business day convention
(unadjusted).
· 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 day
of the calendar month preceding the month in which the
applicable Interest Payment Date is scheduled to occur.
· Optional Redemption:
None
· Repayment at Option of Holder:
None
· Listing:
None
· Selling Agents and Conflicts of Interest:
As set forth beginning on page PS-6

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U.S. Federal Income Tax Considerations

For a brief description of the tax effects of an investment in the notes, see "U.S. Federal Income Tax Considerations" and "U.S.
Federal Income Tax Considerations--Taxation of Debt Securities" beginning on page 62 and page 63, respectively, of the attached
prospectus. The following paragraph supplements the discussion under "U.S. Federal Income Tax Considerations--Foreign Account
Tax Compliance Act" beginning on page 85 of the attached prospectus.

Withholding and reporting requirements under the Foreign Account Tax Compliance Act will generally apply to payments made
after June 30, 2014. However, this withholding tax will not be imposed on payments pursuant to obligations outstanding on July 1,
2014. Holders are urged to consult with their own tax advisors regarding the possible implications of the Foreign Account Tax
Compliance Act on their investment in the notes.

Supplemental Information Concerning the Plan of Distribution and Conflicts of Interest

On March 27, 2014, 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 applicable public offering price set forth above.

Principal Amount
Principal Amount
Principal Amount
Principal Amount
of 5-Year
of 5-Year
of 10-Year
of 30-Year
Selling Agent
Fixed Rate Notes
Floating Rate Notes
Fixed Rate Notes
Fixed Rate Notes





Merrill Lynch, Pierce, Fenner & Smith
Incorporated

$2,050,000,000
$ 739,500,000
$2,392,500,000
$1,230,000,000
ABN AMRO Securities (USA) LLC

$
25,000,000
$


0
$


0
$
15,000,000
ANZ Securities, Inc.

$


0
$
8,500,000
$
27,500,000
$


0
Banca IMI S.p.A.

$
25,000,000
$


0
$


0
$
15,000,000
Barclays Capital Inc.

$
25,000,000
$
8,500,000
$
27,500,000
$
15,000,000
BBVA Securities Inc.

$
25,000,000
$


0
$


0
$
15,000,000
BB&T Capital Markets, a division of BB&T
Securities, LLC

$
25,000,000
$


0
$


0
$
15,000,000
Capital One Securities, Inc.

$


0
$
8,500,000
$
27,500,000
$


0
Commerz Markets LLC

$


0
$
8,500,000
$
27,500,000
$


0
Credit Agricole Securities (USA) Inc.

$


0
$
8,500,000
$
27,500,000
$


0
Danske Markets Inc

$
25,000,000
$


0
$


0
$
15,000,000
Deutsche Bank Securities Inc.

$
25,000,000
$
8,500,000
$
27,500,000
$
15,000,000
Fifth Third Securities, Inc.

$
25,000,000
$


0
$


0
$
15,000,000
The Huntington Investment Company

$


0
$
8,500,000
$
27,500,000
$


0
ING Financial Markets LLC

$
25,000,000
$


0
$


0
$
15,000,000
KBC Securities USA, Inc.

$


0
$
8,500,000
$
27,500,000
$


0
Lloyds Securities Inc.

$
25,000,000
$


0
$


0
$
15,000,000
Mizuho Securities USA Inc.

$
25,000,000
$


0
$


0
$
15,000,000
nabSecurities, LLC

$
25,000,000
$


0
$


0
$
15,000,000
Natixis Securities Americas LLC

$
25,000,000
$


0
$


0
$
15,000,000
RB International Markets (USA) LLC

$


0
$
8,500,000
$
27,500,000
$


0
RBC Capital Markets, LLC

$


0
$
8,500,000
$
27,500,000
$


0
RBS Securities Inc.

$
25,000,000
$


0
$


0
$
15,000,000
Santander Investment Securities Inc.

$
25,000,000
$


0
$


0
$
15,000,000
Scotia Capital (USA) Inc.

$
25,000,000
$


0
$


0
$
15,000,000
SG Americas Securities, LLC

$


0
$
8,500,000
$
27,500,000
$


0
Standard Chartered Bank

$
25,000,000
$


0
$


0
$
15,000,000
UniCredit Capital Markets LLC

$


0
$
8,500,000
$
27,500,000
$


0
Apto Partners, LLC

$


0
$
4,250,000
$
13,750,000
$


0
CastleOakSecurities, L.P.

$
12,500,000
$


0
$


0
$
7,500,000
Lebenthal & Co., LLC

$


0
$
4,250,000
$
13,750,000
$


0
The Williams Capital Group, L.P.

$
12,500,000
$


0
$


0
$
7,500,000





Total

$2,500,000,000
$ 850,000,000
$2,750,000,000
$1,500,000,000
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The selling agents may sell the notes to certain dealers at the applicable public offering price, less a concession which will not
exceed 0.200% of the principal amount of the 5-year fixed rate notes, 0.200% of the principal amount of the 5-year floating rate notes,
0.250% of the principal amount of the 10-year fixed rate notes, and 0.500% of the principal amount of the 30-year fixed rate notes.
The selling agents and those dealers may resell the notes to other dealers at a reallowance discount which will not exceed 0.150% of
the principal amount of the 5-year fixed rate notes, 0.150% of the principal amount of the 5-year floating rate notes, 0.200% of the
principal amount of the 10-year fixed rate notes, and 0.350% of the principal amount of the 30-year fixed rate notes.

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

We estimate that the total offering expenses for the notes, excluding the selling agents' commissions, will be approximately
$2,218,080.

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

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.

Banca IMI S.p.A. is not a U.S. registered broker-dealer, and 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. ("FINRA").

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 FINRA.

Additional Selling Restrictions

In addition to the representations, agreements, and restrictions set forth in the attached prospectus supplement under
"Supplemental Plan of Distribution--Selling Restrictions," the following representations, agreements, and restrictions will apply to
the notes.

Canada

Each selling agent has represented and agreed that in connection with the distribution of the notes it will sell the notes from
outside Canada solely to purchasers purchasing as principal that are both

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"accredited investors" as defined in National Instrument 45-106 Prospectus and Registration Exemptions and "permitted clients" as
defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.

European Economic Area

In relation to each Member State of the European Economic Area which has implemented the Prospectus Directive (each, a
"Relevant Member State"), each selling agent has represented and agreed that with effect from and including the date on which the
Prospectus Directive is implemented in that Relevant Member State (the "Relevant Implementation Date") it has not made and will
not make an offer of notes to the public in that Relevant Member State except that it may, with effect from and including the Relevant
Implementation Date, make an offer of such notes to the public in that Relevant Member State:

(a) if the final terms in relation to the notes specify that an offer of those notes may be made other than pursuant to Article 3(2) of
the Prospectus Directive in that Relevant Member State (a "Non-exempt Offer"), following the date of publication of a
prospectus in relation to such notes which has been approved by the competent authority in that Relevant Member Sate or, where
appropriate, approved in another Relevant Member State and notified to the competent authority in that Relevant Member State,
provided that any such prospectus has subsequently been completed by the final terms contemplating such Non-exempt Offer, in
accordance with the Prospectus Directive, in the period beginning and ending on the dates specified in such prospectus for final
terms, as applicable, and we have consented in writing to its use for the purpose of the Non-exempt Offer;

(b) at any time to any legal entity which is a qualified investor as defined in the Prospectus Directive;

(c) at any time to fewer than 100 or, if the Relevant Member State has implemented the relevant provision of the 2010 PD
Amending Directive, 150 natural or legal persons (other than qualified investors as defined in the Prospectus Directive), subject
to obtaining the prior consent of each selling agent or other agent(s) nominated by us for any such offer; or

(d) at any time in any other circumstances falling within Article 3(2) of the Prospectus Directive, provided that no such offer of
notes referred to in (a) to (c) above shall require us or each selling agent to publish a prospectus pursuant to Article 3 of the
Prospectus Directive, or supplement a prospectus pursuant to Article 16 of the Prospectus Directive.

For the purposes of this provision, the expression an "offer of notes to the public," in relation to any notes in any Relevant Member
State, means the communication in any form and by any means of sufficient information on the terms of the offer and the notes to be
offered so as to enable an investor to decide to purchase or subscribe for the notes, as the same may be varied in that Member State
by any measure implementing the Prospectus Directive in that Member State, the expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member
State), and includes any relevant implementing measure in the Relevant Member State, and the expression "2010 PD Amending
Directive" means Directive 2010/73/EU.

Israel

This pricing supplement and the attached prospectus supplement and prospectus are intended solely for investors listed in the
First Supplement of the Israeli Securities Law of 1968, as amended. A prospectus has not been prepared or filed, and will not be
prepared or filed, in Israel relating to the notes offered hereunder. The notes cannot be resold in Israel other than to investors listed in
the First Supplement of the Israeli Securities Law of 1968, as amended. Subject to any applicable law, the notes offered hereunder
may not be offered or sold to more than thirty-five offerees, in the aggregate, who are resident in the State of Israel, and are not listed
in the First Supplement of the Israeli Securities Law of 1968. No action will be taken in Israel that would permit an offering of the
notes or the distribution of any offering document or any other material to the public in Israel. In particular, no offering document or
other material has been reviewed or approved by the Israel Securities Authority. Any material provided to an offeree in Israel may
not be reproduced or

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