Issued by Bank of America
Step-Down Snowball Growth Note - Earn 50% in Year-1 or up to 150% in Year-3
This offering is available to accredited investors.
Note gets called in Year-1
50%
Note gets called in Year-2
100%
Note gets called in Year-3
150%
Last Updated on Jul 8, 2026
Quarterly autocall after Year 1, with premium stepping up by 12.5% each quarter (50.0% p.a.) if the note remains uncalled.
The call threshold steps down by 6.25% of initial levels each quarter, increasing the likelihood of early redemption.
At maturity, investors receive a 150% return if the worst-performing underlier remains above 50% of its initial level.
Example: if the note is called at Year 2 and the worst-performing underlier is at or above 75% of its initial level, investors receive a 100% return.
At maturity, principal is returned if the worst-performing underlier is not down more than 50%.
Latest Indicative Price
84.28%
as of Jul 8, 2026
| Product | Callable Market Linked Growth Note |
| Issuer | Bank of America |
| Term | 3Y |
| Protection Type | barrier |
| Initial Call Premium | 50% if called in Year-1 |
| Principal Protection | 50% at maturity |
| Protection | 50% |
| Trade Date | Jun 26, 2026 |
| Next Event Date | Jul 1, 2027 |
| Maturity Date | Jun 29, 2029 |