BofA Finance LLC has filed a new pricing supplement for $378,000 in contingent income buffered auto-callable yield notes. This filing, dated October 30, 2026, highlights the company's ongoing strategy to innovate and attract investors in the competitive landscape of national commercial banks.

The notes are linked to the performance of the State Street SPDR S&P Metals & Mining ETF and the VanEck Gold Miners ETF. They are designed to provide contingent income based on the performance of these underlying assets. The filing indicates that the notes are due on October 31, 2031, and will issue on October 30, 2026.

Background

BofA Finance LLC, classified under the SIC code 6021 for National Commercial Banks, is a subsidiary of Bank of America Corporation. The company is incorporated in Delaware and primarily operates from its headquarters in Charlotte, North Carolina. The recent filing is part of a series of filings made on the same date, showcasing the company's active engagement in the capital markets.

What the Filing Says

The filing states, "Contingent Income Buffered (with Memory Feature) Auto-Callable Yield Notes Linked to the Least Performing of the State Street SPDR S&P Metals & Mining ETF and the VanEck Gold Miners ETF." The notes are fully and unconditionally guaranteed by Bank of America Corporation.

Impact

This issuance of notes may attract various investors looking for structured products that offer potential income while also exposing them to the performance of specific ETFs. The guaranteed nature of the notes by Bank of America enhances their appeal, potentially affecting investor sentiment and competition among other players in the national commercial banking sector.

What's Next

The filing does not say what happens next.