Obligation Bank of America 0.033% ( XS1461849447 ) en AUD

Société émettrice Bank of America
Prix sur le marché 100 %  ▼ 
Pays  Etats-unis
Code ISIN  XS1461849447 ( en AUD )
Coupon 0.033% par an ( paiement semestriel )
Echéance 05/08/2021 - Obligation échue



Prospectus brochure de l'obligation Bank of America XS1461849447 en AUD 0.033%, échue


Montant Minimal 10 000 AUD
Montant de l'émission 200 000 000 AUD
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.

L'Obligation émise par Bank of America ( Etats-unis ) , en AUD, avec le code ISIN XS1461849447, paye un coupon de 0.033% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 05/08/2021







Table of Contents
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-202354


Pricing Supplement No. 191
(To Prospectus dated May 1, 2015 and
Prospectus Supplement dated January 20, 2016)
July 26, 2016


A$200,000,000

Medium-Term Notes, Series L

A$200,000,000 3.300% Senior Notes, due August 2021

This pricing supplement describes our senior notes that will be issued in one or more series under our Medium-Term Notes
Program, Series L.

The notes mature on August 5, 2021. We will pay interest on the notes for each semi-annual interest period at a rate of
3.300% per annum.

We may redeem the notes, in whole but not in part, at any time at our option, if we become obligated to pay additional
amounts as a result of any change in, or amendment to, the laws or regulations of the United States or any political
subdivision or any authority thereof or therein having power to tax, or any change in the application or official interpretation
of such laws or regulations. See "Specific Terms of the Notes--Payment of Additional Amounts" and "--Redemption for
Tax Reasons" on page PS-6 and "Description of Debt Securities--Payment of Additional Amounts" and "--Redemption for
Tax Reasons" in the attached prospectus. In addition, we will have the option to redeem some or all of the notes, at any time
and from time to time, on or after August 6, 2017, at the applicable "make-whole" redemption price described under "Specific
Terms of the Notes--Optional Redemption" on page PS-4.

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.

We are not authorized under the Banking Act 1959 of the Commonwealth of Australia (the "Australian Banking Act") to
carry on banking business and are not subject to prudential supervision by the Australian Prudential Regulation Authority.
The notes are not Deposit Liabilities under the Australian Banking Act. We are the holding corporation of Bank of America,
N.A.

None of the U.S. Securities and Exchange Commission, any U.S. state securities commission, and 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.

Per Note
Total




Public Offering Price

99.790%
A$199,580,000
Selling Agents' Commission

0.350%
A$
700,000



Proceeds (before expenses)

99.440%
A$198,880,000

We expect to deliver the notes in book-entry only form through the facilities of Euroclear Bank SA/NV ("Euroclear") and
Clearstream Banking, société anonyme ("Clearstream, Luxembourg") on or about August 5, 2016.

Joint Lead Managers

BofA Merrill Lynch
ANZ
nabSecurities, LLC




3


Table of Contents
SPECIFIC TERMS OF THE NOTES

The following description of the specific terms of the notes supplements, and should be read together with, the
description of our Medium-Term Notes, Series L included in the attached prospectus supplement dated January 20, 2016,
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 Notes

· Title of the Series:
3.300% Senior Notes, due August 2021
· Aggregate Principal Amount Initially
A$200,000,000
Being Issued:

· Issue Date:
August 5, 2016
· ISIN:
XS1461849447
· Common Code:
146184944
· Maturity Date:
August 5, 2021
· Minimum Denominations:
A$10,000 and multiples of A$10,000 in excess of A$10,000
(subject to a minimum consideration in Australia of
A$500,000)
· Currency of Payments:
We will pay principal, interest and other amounts payable
(if any) in Australian Dollars unless Australian Dollars are
unavailable due to the imposition of exchange controls or
other circumstances beyond our control. See "--
Unavailability of Australian Dollars" on page PS-6.
· Ranking:
Senior
· Day Count Fraction:
Actual/Actual, which means the actual number of days in
the relevant period divided by 365, or in the case of an
Interest Payment Date falling in a leap year, 366
· Interest Rate:
3.300%
· Interest Periods:
Semi-annual
· Interest Payment Dates:
February 5 and August 5 of each year, commencing
February 5, 2017, subject to the following unadjusted
bus ines s day convention.
· Record Dates for Interest Payments:
For book-entry only notes, seven Business Days 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 immediately preceding
the calendar month in which the Interest Payment Date is
originally scheduled to occur, whether or not that date is a
Business Day.
· Business Day:
A day that is any weekday that is not a legal holiday in
New York, London or Sydney, and is not a day on which
banking institutions in those cities are authorized or
required by law or regulation to be closed.

PS-2
3


Table of Contents
· Optional Redemption:
We will have the option to redeem some or all of the notes,
on or after August 6, 2017, at the applicable "make-whole"
redemption price, as described under "--Optional
Redemption" beginning on page PS-4.
· Repayment at Option of Holder:
N one
· Additional Amounts:
We will, subject to certain exceptions and limitations, pay
additional amounts on the notes to holders who are "non-
U.S. persons" (as defined in the attached prospectus under
"Description of the Notes--Payment of Additional
Amounts") in respect of any required withholding or
deduction for any present or future tax, assessment or
other governmental charge imposed by any taxing
authority in the United States, as will result in receipt by
holders of notes that are non-U.S. persons of such
amounts as they would have received had no such
withholding or deduction been required. See "--Payment
of Additional Amounts" on page PS-5 and "Description of
the Notes--Payment of Additional Amounts" in the
attached pros pectus.
· Redemption for Tax Reasons:
We may redeem the notes, in whole but not in part, in the
event of certain changes in the tax laws of the United
States (or any taxing authority in the United States) that
would require us to pay additional amounts as described
under "--Payment of Additional Amounts" on page PS-5
and "Description of the Notes--Payment of Additional
Amounts" in the attached prospectus. This redemption
would be at 100% of the principal amount of the notes to
be redeemed (plus any accrued interest and additional
amounts then payable with respect to the notes to, but not
including, the redemption date). See "Redemption for Tax
Reasons" on page PS-6 and "Description of the Notes--
Redemption for Tax Reasons" in the attached prospectus.
· Trustee, U.S. Paying Agent and Security Registrar:
The Bank of New York Mellon Trust Company, N.A.
· London Paying Agent and Transfer Agent:
T he Bank of New York Mellon, London Branch
· Listing:
N one
· Selling Agents and Conflicts of Interest:
As s et forth beginning on page PS-7.
· Further Issuances:
We have the ability to "reopen," or increase after the Issue
Date, the aggregate principal amount of the notes initially
being issued without notice to the holders of existing notes
by selling additional notes 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.

PS-3
3


Table of Contents
· Form of the Notes:
The notes will be issued in book-entry form and will be
represented by a global note, in fully registered form,
deposited with The Bank of New York Mellon, London
Branch, or any successor thereto, as the common
depositary for Euroclear and Clearstream, Luxembourg.
Beneficial interests in the notes will be shown on, and
transfers will be effected only through, records maintained
by Euroclear and Clearstream, Luxembourg and their
participants, and these beneficial interests may not be
exchanged for certificated notes, except in limited
circumstances, as described under the heading "--
Supplemental Information Concerning Form,

Exchange, Registration and Transfer of Notes" beginning
on page PS-6
· Governing Law:
New York

Optional Redemption

We may redeem the notes at our option, in whole at any time or in part from time to time, on or after August 6, 2017,
upon at least 10 Business Days' but not more than 60 calendar days' prior written notice as described in the attached
prospectus, at a redemption price equal to the greater of:


· (i) 100% of the principal amount of the notes to be redeemed; or

· (ii) as determined by the quotation agent described below, the sum of the present values of the remaining
scheduled payments of principal and interest on the notes to be redeemed, not including interest accrued to, but

excluding, the redemption date, discounted to the redemption date on a semi-annual basis (assuming a 365-day
year) at the Australian Treasury Bond Rate plus 30 basis points,

plus, in either case of (i) or (ii) above, accrued and unpaid interest on the principal amount of the notes being redeemed to,
but excluding, the redemption date.

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

"Australian Treasury Bond Rate" will be determined by the quotation agent and means, with respect to any
redemption date,

(a)
the rate per annum equal to the equivalent yield to maturity as of such date of the Comparable Australian

Treasury Bond, assuming a price for the Comparable Australian Treasury Bond (expressed as a percentage of its
principal amount) equal to the Comparable Australian Treasury Bond Price for such redemption date, where:

(i)
"Comparable Australian Treasury Bond" means the Australian Commonwealth Government Treasury
security selected by a Reference Australian Treasury Bond Dealer as having a fixed maturity most nearly
equal to the period from such redemption date to the Maturity Date, and that would be utilized at the time of
selection and in accordance with customary financial practice in pricing new issues of Australian Dollar-

denominated corporate debt securities in a principal amount approximately equal to the then outstanding
principal amount of the notes and of a comparable maturity most nearly equal to the remaining maturity of
the notes; provided, however, that, if the period from such redemption date to the Maturity Date is less than
one year, a fixed maturity of one year shall be used;

PS-4
3


Table of Contents
(ii)
"Comparable Australian Treasury Bond Price" means, with respect to any redemption date, the average of
all Reference Australian Treasury Bond Dealer Quotations for such date (which, in any event, must include

at least two such quotations), after excluding the highest and lowest such Reference Australian Treasury
Bond Dealer Quotations, or if fewer than four such Reference Australian Treasury Bond Dealer Quotations
are obtained, the average of all such quotations;

(iii)
"Reference Australian Treasury Bond Dealer" means any authorized bond dealer appointed by us in good

faith;

(iv)
"Reference Australian Treasury Bond Dealer Quotations" means, with respect to each Reference
Australian Treasury Bond Dealer and any redemption date, the average, as determined by the quotation
agent, of the bid and offered prices for the Comparable Australian Treasury Bond (expressed in each case

as a percentage of its principal amount) quoted in writing to the quotation agent by such Reference
Australian Treasury Bond Dealer at 3:30 p.m. (Sydney time), on the third business day in Sydney preceding
the redemption date; or

(b) if the rate cannot be determined in accordance with paragraph (a) above, the rate (expressed as a yield to maturity)
published by the Reserve Bank of Australia at or about 5:00 p.m. (Sydney time) on that day as the average of the

buy and sell rates transacted on that day by authorized bond dealers for the series of Australian Commonwealth
Government Treasury Bonds with a remaining term to maturity closest to the period from such redemption date to
the Maturity Date of the notes.

"Quotation agent" means Merrill Lynch (Australia) Futures Limited, or its successor, or, if that firm is unwilling or
unable to perform as described above, an investment bank of national standing appointed by us.

Unless we default on payment of the applicable redemption price, interest will cease to accrue on the notes or portions
thereof called for redemption on the applicable redemption date. If fewer than all of the notes are to be redeemed, for so long
as such notes are in book-entry only form, the notes to be redeemed will be selected in accordance with the procedures of
Euroclear and/or Clearstream, Luxembourg.

Because Merrill Lynch (Australia) Futures Limited is our affiliate, the economic interests of Merrill Lynch (Australia)
Futures Limited may be adverse to your interests as a holder of the 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 notes before their
maturity. Merrill Lynch (Australia) Futures Limited is obligated to carry out its duties and functions as quotation agent in
good faith.

Payment of Additional Amounts

Subject to the exceptions and limitations set forth in the attached prospectus under "Description of Debt Securities--
Payment of Additional Amounts," we will pay to the beneficial owner of the notes that is a "non-U.S. person" additional
amounts to ensure that every net payment on the notes will not be less, due to the payment of U.S. withholding tax, than the
amount then otherwise due and payable. For this purpose, a "net payment" on the notes means a payment by us or any
paying agent, including payment of principal and interest, after deduction for any present or future tax, assessment, or other
governmental charge of the United States (other than a territory or possession). These additional amounts will constitute
additional interest on the notes. For this purpose, U.S. withholding tax means a withholding tax of the United States, other
than a territory or possession.

Except as specifically set out in "Description of Debt Securities--Payment of Additional Amounts" in the attached
prospectus, we will not be required to make any payment of any tax, assessment, or other governmental charge imposed by
any government, political subdivision, or taxing authority of that government.

PS-5
3


Table of Contents
Redemption for Tax Reasons

We may redeem the notes, in whole but not in part, at any time before maturity, after giving not less than 30 nor more
than 60 calendar days' notice to the trustee under the Senior Indenture and to the holders of the notes, if we have or will
become obligated to pay additional amounts, as described above and under "Description of Debt Securities--Payment of
Additional Amounts" in the attached prospectus, as a result of any change in, or amendment to, the laws or regulations of
the United States or any political subdivision or any authority of the United States having power to tax, or any change in
the application or official interpretation of such laws or regulations, which change or amendment becomes effective on or
after the date hereof.

In connection with any notice of redemption for tax reasons, we will deliver to the trustee under the Senior Indenture
any required certificate, request or order.

Any notes redeemed for tax reasons will be redeemed at 100% of their principal amount together with interest accrued
up to, but excluding, the redemption date.

Unavailability of Australian Dollars

In the event that Australian Dollars have been replaced by another currency (a "Replacement Currency"), any amount
due on the notes may be paid, at our option, in the Replacement Currency or in U.S. dollars, at a rate of exchange which
takes into account the conversion, at the rate prevailing on the most recent date on which official conversion rates were
quoted or set by the national government or other authority responsible for issuing the Replacement Currency, from
Australian Dollars to the Replacement Currency and, if necessary, the conversion of the Replacement Currency into U.S.
dollars at the rate prevailing on the date of such conversion.

If we determine that a payment hereon cannot be made in Australian Dollars or any Replacement Currency, due to the
imposition of exchange controls or other circumstances beyond our control, or Australian Dollars or any Replacement
Currency are unavailable because that currency is no longer used by the Australian government or for the settlement of
transactions by public institutions of or within the international banking community, such payment will be made in U.S.
dollars. The U.S. dollar amount of any such payment shall be the amount of Australian Dollars or Replacement Currency
otherwise payable converted into U.S. dollars using the most recently available market exchange rate for Australian Dollars
or such Replacement Currency. The "market exchange rate" for a specified currency means the noon buying rate in The
City of New York for cable transfers of the specified currency as certified for customs purposes (or, if not so certified, as
otherwise determined) by the Federal Reserve Bank of New York.

Any payment on the notes so made in a Replacement Currency or in U.S. dollars will not constitute an event of default
with respect to the notes.

Supplemental Information Concerning Form, Exchange, Registration and Transfer of Notes

The notes will be issued in the form of a global note, in fully registered form. The global note will be deposited with The
Bank of New York Mellon, London Branch, or any successor thereto, as the common depository ("Common Depository")
and registered in the name of The Bank of New York Depository (Nominees) Limited, as nominee of the Common
Depository. Beneficial interests in the global note will be shown on, and transfer thereof and other transactions with respect
thereto will be effected only through, records maintained by the Common Depository, its nominee or Euroclear or
Clearstream, Luxembourg and the respective participants of Euroclear and Clearstream, Luxembourg, in accordance with
rules and procedures established by Euroclear and Clearstream, Luxembourg (including requirements for the payment of
principal and interest). So long as the notes are represented by a global registered note, we will recognize The Bank of New
York Depository (Nominees) Limited, as the nominee of The Bank of New York Mellon, London Branch, as the registered
owner of the notes for all purposes as set forth in the Senior Indenture.

PS-6
3


Table of Contents
The Bank of New York Mellon, London Branch (the "London Paying Agent") will act as paying agent and transfer
agent for the notes pursuant to a paying agency and transfer agency agreement dated as of May 18, 2016 between us, the
trustee and the London Paying Agent. Copies of this agreement are available for inspection during usual business hours at
the principal office of the London Paying Agent.

The notes may be exchanged in whole, but not in part, for certificated notes in definitive form only under the
circumstances described in the Senior Indenture and (a) if we are notified that Euroclear and/or Clearstream, Luxembourg
have been closed for business for a continuous period of 14 days (other than by reason of holiday, whether statutory or
otherwise) after the original issuance of the notes or has announced an intention to cease business permanently or has in
fact done so and no alternative clearance system approved by the noteholders is available; or (b) we, in our sole discretion,
elect to issue definitive registered notes; or (c) after the occurrence of an event of default with respect to the global note,
beneficial owners representing a majority in principal amount of the notes represented by the global note advise Euroclear
and/or Clearstream, Luxembourg through their respective participants to cease acting as a depository for the notes.
Certificated notes will be issued in minimum denominations only and will be issued in registered form only, without
coupons.

Neither we nor the trustee or any paying agent will have any direct responsibility or liability to pay amounts due with
respect to the global note to any beneficial owners in the global note. Any redemption or other notices with respect to the
notes will be sent by us or the London Paying Agent directly to Euroclear or Clearstream, Luxembourg, which will, in turn,
inform the direct participants (or the indirect participants), which will then contact the beneficial holders, all in accordance
with the rules of Euroclear or Clearstream, Luxembourg, as the case may be, and the internal procedures of the direct
participant (or the indirect participant) through which any beneficial interest in the notes is held. Euroclear and Clearstream,
Luxembourg will credit payments to the cash accounts of Euroclear participants or Clearstream, Luxembourg participants in
accordance with the relevant system's rules and procedures, to the extent received by the Common Depositary. Euroclear
and Clearstream, Luxembourg have established their procedures in order to facilitate transfers of the notes among
participants of Euroclear and Clearstream, Luxembourg. However, they are under no obligation to perform or continue to
perform those procedures, and they may discontinue or change those procedures at any time.

Supplemental Information Concerning the Plan of Distribution and Conflicts of Interest

On July 26, 2016, 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.

Selling Agent
Principal Amount


Merrill Lynch (Australia) Futures Limited

A$ 100,000,000
Australia and New Zealand Banking Group

A$ 50,000,000
nabSecurities, LLC

A$ 50,000,000


Total

A$ 200,000,000



The selling agents may sell the notes to certain dealers at the public offering price, less a concession which will not
exceed 0.200% of the principal amount of the notes, and 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 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 $94,300.

PS-7
3


Table of Contents
Merrill Lynch (Australia) Futures Limited is our wholly-owned subsidiary, and we will receive the net proceeds of the
offering. Merrill Lynch (Australia) Futures Limited will make any offers and sales in Australia. Merrill Lynch, Pierce, Fenner
& Smith Incorporated will make any offers and sales in the United States.

Australia and New Zealand Banking Group Limited will not effect any offers or sales of the 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.

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.

We expect that delivery of the notes will be made against payment on or about August 5, 2016, which is the seventh
Business Day following the date of this pricing supplement. Under Rule 15c6-1 of the U.S. Securities Exchange Act of 1934,
trades in the secondary market generally are required to settle in three Business Days, unless the parties to a trade expressly
agree otherwise. Accordingly, purchasers who wish to trade the notes on the date of this pricing supplement or the next
succeeding three Business Days will be required, by virtue of the fact that the notes initially will settle in T+7, to specify an
alternative settlement cycle at the time of the trade to prevent a failed settlement and should consult their own advisor in
connection with that election.

Selling Restrictions

Australia. No prospectus or other disclosure document (as defined in the Corporations Act 2001 (Cth) of Australia
(the "Corporations Act") in relation to the program or any notes has been, or will be, lodged with the Australian Securities
and Investments Commission ("ASIC") or the Australian Securities Exchange operated by ASX Limited ("ASX"). Each
selling agent has represented and agreed that in connection with the distribution of the notes, it:

(a)
must not make any offer or invitation in Australia or which is received in Australia in relation to the issue, sale or
purchase of any notes unless the offeree or invitee is required to pay at least A$500,000 for the notes or its foreign
currency equivalent (in either case disregarding amounts, if any, lent by us or any other person offering the notes

or its associates (within the meaning of those expressions in Part 6D.2 of the Corporations Act, or it is otherwise
an offer or invitation in respect of which, by virtue of section 708 of the Corporations Act, no disclosure is
required to be made under Part 6D.2 of the Corporations Act and provided that in any case the offeree or invitee is
not a retail client (within the meaning of section 761G or section 761GA of the Corporations Act); and

PS-8
3


Table of Contents
(b) has not circulated or issued and must not circulate or issue this pricing supplement, the accompanying
prospectus supplement or the accompanying prospectus or any disclosure document relating to the notes in

Australia or which is received in Australia which requires lodging under Division 5 of Part 6D.2 or under Part 7.7
of the Corporations Act or would otherwise require any document to be lodged with ASIC or the ASX or any
other regulatory authority in Australia.

We are not authorized under the Australian Banking Act to carry on banking business and are not subject to
prudential supervision by the Australian Prudential Regulation Authority. The notes are not Deposit Liabilities under the
Australian Banking Act.

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 attached 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 hereof 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). 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 natural persons, 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 February 27, 2015, which has been filed as an exhibit to BAC's Registration Statement relating to
the notes filed with the Securities and Exchange Commission on February 27, 2015.

PS-9
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Medium-Term Notes, Series L
We may offer from time to time our Bank of America Corporation Medium-Term Notes, Series L. The specific terms of any
notes that we offer will be determined before each sale and will be described in a separate product supplement, index
supplement and/or pricing supplement (each, a "supplement"). Terms may include:

· Priority: senior or subordinated
· Maturity: three months or more


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

·
either directly or indirectly, to the price or performance
Base floating rates of interest:
of one or more market measures, including securities,

¡

funds rate
currencies or composite currencies, commodities,

¡
interest rates, stock or commodity indices, exchange

LIBOR

traded funds, currency indices, consumer price indices,
¡

EURIBOR
inflation indices, or any combination of the above

¡

prime rate


¡
· Payments: U.S. dollars or any other currency that we

treasury rate

specify in the applicable supplement
¡

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 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
January 20, 2016
3


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