---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-175255"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T17:23:34.943188+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bank of America: USD LIBOR CMS instruments to use SOFR fallback starting June 30, 2023

## Summary
- Press release details fallback provisions for certain debt securities and CDs linked to USD LIBOR CMS Rate after June 30, 2023.
- Two categories: Annex 1 (issued by BAC) and Annex 2 (issued by BofA Finance) with different fallback mechanisms.
- Replacement rate will be SOFR Adjusted CMS Rate (per ARRC formula) or calculation agent's determination.
- Holders of affected CUSIPs encouraged to review the press release and annexes.

## SEC filing metadata
- accession: 0001193125-23-175255
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000119312523175255/0001193125-23-175255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000119312523175255/d480317d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-175255
- JSON: https://secwatch.observer/filing/0001193125-23-175255.json
- Plain text: https://secwatch.observer/filing/0001193125-23-175255.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.