Bank of America Sells A$25 Million of 10-Year Discount Notes
The following uridashi bond went on sale. Uridashi bonds are debt issued in the euromarket and sold mainly to Japanese individual investors.
Issuer: Bank of America Corporation Amount: A$25.34 million Coupon: 0.50 percent of face value Issue Price: 53.00 percent of face value Duration: 10 years Sales period: Feb. 17 - Feb. 20 Settlement date: Feb. 22, 2012 Maturity: Feb. 22, 2022 Uridashi Manager: Merrill Lynch Japan Securities Co.
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