Bank of America 2013 Annual Report Download - page 220

Download and view the complete annual report

Please find page 220 of the 2013 Bank of America annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 284

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284

218 Bank of America 2013
The Trust Securities Summary table details the outstanding Trust Securities and the related Notes previously issued which remained
outstanding at December 31, 2013. For more information on Trust Securities for regulatory capital purposes, see Note 16 – Regulatory
Requirements and Restrictions.
Trust Securities Summary
(Dollars in millions) December 31, 2013
Issuer Issuance Date
Aggregate
Principal
Amount
of Trust
Securities
Aggregate
Principal
Amount
of the
Notes
Stated Maturity
of the Trust
Securities
Per Annum Interest
Rate of the Notes
Interest Payment
Dates Redemption Period
Bank of America
Capital Trust VI March 2005 $ 36 $37
March 2035 5.63% Semi-Annual Any time
Capital Trust VII (1) August 2005 7 7August 2035 5.25 Semi-Annual Any time
Capital Trust VIII August 2005 524 540 August 2035 6.00 Quarterly On or after 8/25/10
Capital Trust XI May 2006 658 678 May 2036 6.63 Semi-Annual Any time
Capital Trust XV May 2007 2 2June 2056 3-mo. LIBOR +80 bps Quarterly On or after 6/01/37
NationsBank
Capital Trust III February 1997 131 136 January 2027 3-mo. LIBOR +55 bps Quarterly On or after 1/15/07
BankAmerica
Capital III January 1997 103 106 January 2027 3-mo. LIBOR +57 bps Quarterly On or after 1/15/02
Barnett
Capital III January 1997 64 66 February 2027 3-mo. LIBOR +62.5 bps Quarterly On or after 2/01/07
Fleet
Capital Trust V December 1998 79 82 December 2028 3-mo. LIBOR +100 bps Quarterly On or after 12/18/03
BankBoston
Capital Trust III June 1997 53 55 June 2027 3-mo. LIBOR +75 bps Quarterly On or after 6/15/07
Capital Trust IV June 1998 102 106 June 2028 3-mo. LIBOR +60 bps Quarterly On or after 6/08/03
MBNA
Capital Trust B January 1997 70 73 February 2027 3-mo. LIBOR +80 bps Quarterly On or after 2/01/07
Countrywide
Capital III June 1997 200 206 June 2027 8.05 Semi-Annual Only under special event
Capital IV April 2003 500 515 April 2033 6.75 Quarterly On or after 4/11/08
Capital V November 2006 1,495 1,496 November 2036 7.00 Quarterly On or after 11/01/11
Merrill Lynch
Preferred Capital Trust III January 1998 750 901 Perpetual 7.00 Quarterly On or after 3/08
Preferred Capital Trust IV June 1998 400 480 Perpetual 7.12 Quarterly On or after 6/08
Preferred Capital Trust V November 1998 850 1,021 Perpetual 7.28 Quarterly On or after 9/08
Capital Trust I December 2006 1,050 1,051 December 2066 6.45 Quarterly On or after 12/11
Capital Trust II May 2007 950 951 June 2067 6.45 Quarterly On or after 6/12
Capital Trust III August 2007 750 751 September 2067 7.375 Quarterly On or after 9/12
Total $ 8,774 $ 9,260
(1) Notes are denominated in British Pound. Presentation currency is U.S. Dollar.