Represents Income Capital Obligation Notes originally issued by Merrill Lynch & Co., Inc. and now an obligation of Bank of America Corporation following its acquisition of Merrill Lynch. In October 2018, the outstanding trust preferred securities of Merrill Lynch Capital Trust I were exchanged for these underlying notes. The notes pay interest at a fixed rate of 6.45% per annum and have a maturity date of December 15, 2066.
| Price | $24.07 |
|---|---|
| Market cap | $182.44B |
| Sector | Financial Services |
| Industry | Banks |
| Exchange | NYSE |
| 52-week range | 21.01-27.5 |
| Beta | 0 |
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