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BofA Sells Fewest Structured Notes Since 2012

Bank of America Corp., last year’s largest issuer of U.S. structured notes, sold the fewest of the securities in more than a year in February as its improving creditworthiness makes it harder to create attractive products.

Sales dropped 75 percent from January to $143.3 million, the lowest since $138.9 million in December 2012, according to data compiled by Bloomberg.