BANK OF AMERICA

Investor Relations

Capital Issuances

Preferred Stock Issues
Trust Preferred and Hybrid Securities Issues

Preferred Stock Issues Outstanding as of May 10, 2016

Name (1)CUSIPTickerIssue
Date
Maturity
Date
Per Annum
Dividend Rate
Dividend Payment DatesCumulative (C) or Non-Cumulative (NC)First Redemption Date (2)
Series Bn/an/aJun 1997Perpetual7.000%Jan 25
Apr 25
Jul 25
Oct 25
CNon-Callable
Series D (3)060505831 BAC PrD Sep 2006Perpetual6.204%Mar 14
Jun 14
Sep 14
Dec 14
NC9/14/2011
Series E (3)060505815BAC PrENov 2006PerpetualGreater of 3-month LIBOR + 35 bps or 4%Feb 15
May 15
Aug 15
Nov 15
NC11/15/2011
Series F (6)060505377n/aMar 2012PerpetualGreater of 3-month LIBOR + 40 bps or 4%%Mar 15
Jun 15
Sep 15
Dec 15
NC3/15/2012
Series G (6)060505385n/aMar 2012PerpetualGreater of 3-month LIBOR + 40 bps or 4%Mar 15
Jun 15
Sep 15
Dec 15
NC3/15/2012
Series I (3)060505740BAC PrISep 2007Perpetual6.625%Jan 1
Apr 1
Jul 1
Nov 1
NC10/1/2017
Series K (4)060505DR2n/aJan 2008Perpetual8% to, but excluding, Jan 30, 2018; 3-month LIBOR + 363 bps thereafterFixed
Jan 30
Jul 30

Floating Beginning
4/30/2018
:
Jan 30
Apr 30
Jul 30
Oct 30
NC1/30/2018
Series L Convertible 060505682BAC PrLJan 2008Perpetual7.250%Jan 30
Apr 30
Jul 30
Oct 30
NCNon-Callable
Series M (4)060505DT8n/aApr 2008Perpetual8.125% to, but excluding, May 15, 2018; 3-month LIBOR + 364 bps thereafterFixed
May 15
Nov 15

Floating Beginning 8/15/2018:
Feb 15
May 15
Aug 15
Nov 15
NC5/15/2018
Series T n/an/aSep 2011Perpetual6.000%Oct 10
Jan 10
Apr 10
Jul 10
NC5/7/2019
Series U (4)060505ED2n/aMay 2013Perpetual5.20% to, but excluding, Jun 1, 2023; 3-month LIBOR + 313.5 bps thereafterFixed
Jun 1
Dec 1

Floating Beginning 9/1/2023:
Mar 1
Jun 1
Sep 1
Dec 1
NC6/1/2023
Series V (4)060505EG5n/aJun 2014Perpetual5.125% to, but excluding, Jun 17, 2019; 3-month LIBOR + 338.7 bps thereafterFixed
Jun 17
Dec 17

Floating Beginning 9/17/2019:
Mar 17
Jun 17
Sep 17
Dec 17
NC6/17/2019
Series W (3)060505344BAC PrWSep 2014Perpetual6.625% Mar 9
Jun 9
Sep 9
Dec 9
NC9/9/2019
Series X (4)060505EH3n/aSep 2014Perpetual6.250% to, but excluding Sep 5, 2024; 3-month LIBOR + 370.5 bps thereafterFixed
Mar 5
Sep 5

Floating Beginning 12/5/2024:
Mar 5
Jun 5
Sep 5
Dec 5
NC9/5/2024
Series Y (3)060505310BAC PrYJan 2015Perpetual6.500% Jan 27
Apr 27
Jul 27
Oct 27
NC1/27/2020
Series Z (4)060505EL4n/aOct 2014Perpetual6.500% to, but excluding Oct 23, 2024; 3-month LIBOR + 417.4 bps thereafterFixed
Apr 23
Oct 23

Floating Beginning 1/23/2025:
Jan 23
Apr 23
Jul 23
Oct 23
NC10/23/2024
Series AA (4)060505EN0n/aMar 2015Perpetual6.100% to, but excluding Mar 17, 2025; 3-month LIBOR + 389.8 bps thereafterFixed
Mar 17
Sep 17

Floating Beginning 6/17/2025:
Mar 17
Jun 17
Sep 17
Dec 17
NC3/17/2025
Series CC (3)060505286BAC PrCJan 2016Perpetual6.200%Jan 29
Apr 29
Jul 29
Oct 29
NC1/29/2021
Series DD (4)060505EU4n/aMar 2016Perpetual6.300% to, but excluding, Mar 10, 2026; 3-month LIBOR + 455.3 bps thereafterFixed
Mar 10
Sep 10

Floating Beginning 6/10/2026:
Mar 10
Jun 10
Sep 10
Dec 10
NC3/10/2026
Series EE (3)060505260BAC PrAApr 2016Perpetual6.000%Jan 25
Apr 25
Jul 25
Oct 25
NC4/25/2021
Series 1 (5)060505633BML PrGNov 2004PerpetualGreater of 3-month LIBOR + 75 bps or 3%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2009
Series 2 (5)060505625BML PrHMar 2005PerpetualGreater of 3-month LIBOR + 65 bps or 3%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2009
Series 3 (5)060505617BML PrINov 2005Perpetual6.375%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2010
Series 4 (5)060505591BML PrJNov 2005PerpetualGreater of 3-month LIBOR + 75 bps or 4%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2010
Series 5 (5)060505583BML PrLMar 2007PerpetualGreater of 3-month LIBOR + 50 bps or 4%Feb 21
May 21
Aug 21
Nov 21
NC5/21/2012

For more detail regarding the redemption of these securities, please see the Financial Press Releases and Quarterly Earnings.

(1) Each series of preferred stock was issued by Bank of America Corporation (the "Corporation"). For more information about the Corporation's series of preferred stock, including certain voting rights, see the Corporation's Amended and Restated Certificate of Incorporation filed with the SEC.

(2) The Corporation may redeem series of preferred stock on or after the redemption date, in whole or in part, at its option, at the applicable redemption price plus declared and unpaid dividends. Series B and Series L preferred stock do not have early redemption/call rights.

(3) Ownership is held in the form of depositary shares each representing a 1/1000th interest in a share of preferred stock paying a quarterly cash dividend, if and when declared.

(4) Ownership is held in the form of depositary shares each representing a 1/25th interest in a share of preferred stock, paying a semi-annual cash dividend, if and when declared, until the date the securities first become redeemable, then adjusts to a quarterly cash dividend, if and when declared, thereafter.

(5) Ownership is held in the form of depositary shares, each representing a 1/1200th interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.

(6) Series F and Series G are held by BAC Capital Trust XIII and BAC Capital Trust XIV, respectively. Interests in BAC Capital Trust XIII and BAC Capital Trust XIV are represented by Floating Rate Hybrid Income Term Securities (HITS) .

Note: n/a = not applicable

Trust Preferred and Hybrid Securities Issues Outstanding as of May 10, 2016

The following table is a summary of the outstanding Trust and Hybrid Securities and the related Notes as of May 10, 2016 as originated by Bank of America Corporation and its predecessor companies.

NameCUSIPTickerIssue
Date
Maturity
Date
Per Annum Dividend RateDividend Payment DatesFirst Redemption DateRedemption Period
Bank of America
Capital Trust VI05518F209n/aMar 2005Mar 20355.625%Mar 8
Sep 8
CAny time
Capital Trust VII05518HAA4n/aAug 2005Aug 20355.250%Feb 10
Aug 10
CAny time
Capital Trust VIII 05518T209BAC PrZAug 2005Aug 20356.000%Feb 25
May 25
Aug 25
Nov 25
COn or after 8/25/2010
Capital Trust XI056335AA0n/aMay 2006May 20366.625%May 23
Nov 23
CAny time
Capital Trust XV05518WAA1n/aMay 2007Jun 20563-month LIBOR + 80 bpsMar 1
Jun 1
Sept 1
Dec 1
COn or after 6/1/2037
Nations Bank
Capital Trust III62874FAA7n/aFeb 1997Jan 20273-month LIBOR + 55 bpsJan 15
Apr 15
Jul 15
Oct 15
COn or after 1/15/2007
BankAmerica
Capital III066047AA9n/aJan 1997Jan 20273-month LIBOR + 57 bpsJan 15
Apr 15
July 15
Oct 15
COn or after 1/15/2002
Fleet
Capital Trust V33889WAA4n/aDec 1998Dec 20283-month LIBOR + 100 bpsMar 18
Jun 18
Sep 18
Dec 18
COn or after 12/18/2003
BankBoston
Capital Trust III06605VAA5n/aJun 1997Jun 20273-month LIBOR + 75 bpsMar 15
Jun 15
Sep 15
Dec 15
COn or after 6/15/2007
Capital Trust IV06605YAA9n/aJun 1998Jun 20283-month LIBOR + 60 bpsMar 8
Jun 8
Sep 8
Dec 8
COn or after 6/8/2003
MBNA
Capital Trust B55263KAA9n/aJan 1997Feb 20273-month LIBOR + 80 bpsFeb 1
May 1
Aug 1
Nov 1
COn or after 2/1/2007
Countrywide
Capital III22237AAB2n/aJun 1997Jun 20278.050%Jun 15
Dec 15
COnly under special event
Capital IV22238E206n/aApr 2003Apr 20336.750%Jan 1
Apr 1
Jul 1
Oct 1
COn or after 4/11/2008
Capital V222388209n/aNov 2006Nov 20367.000%Feb 1
May 1
Aug 1
Nov 1
COn or after 11/1/2011
Merrill Lynch
Capital Trust I590199204n/aDec 2006Dec 20666.450%Mar 15
Jun 15
Sep 15
Dec 15
COn or after 12/15/2011
Capital Trust II59024T203n/aMay 2007Jun 20676.450%Mar 15
Jun 15
Sep 15
Dec 15
COn or after 6/15/2012
Capital Trust III59025D207n/aAug 2007Sep 20677.375%Mar 15
Jun 15
Sep 15
Dec 15
COn or after 9/15/2012