BofA Finance LLC has made a significant move in the financial markets by filing a pricing supplement for its new Contingent Income Issuer Callable Yield Notes, linked to the Nasdaq-100 Index. This initiative is aimed at diversifying the company’s financial products and enhancing its offerings to investors.

The issuance of these notes is particularly noteworthy as they are fully and unconditionally guaranteed by Bank of America Corporation, which adds a layer of security for potential investors. The notes are designed to provide contingent income, making them an attractive option for those looking for investment opportunities that can yield returns based on the performance of the Nasdaq-100 Index.

Background

BofA Finance LLC is a financial services company categorized under the SIC code 6021, which represents National Commercial Banks. The company operates primarily in the United States and is a subsidiary of Bank of America Corporation. BofA Finance has been active in the financial markets, with recent filings indicating a focus on expanding its product offerings.

The latest filing, dated October 28, 2026, is part of a series of filings that include multiple pricing supplements and other related documents. This particular filing, accession number 0001918704-26-032901, outlines the terms and conditions of the new notes, which are expected to price on November 24, 2026, and be issued shortly thereafter on November 30, 2026.

What the Filing Says

The filing specifies that the Contingent Income Issuer Callable Yield Notes will be linked to the Nasdaq-100 Index and will have a term of approximately 15 months, unless called prior to maturity. The notes will feature a contingent coupon rate of 6.70% per annum, payable monthly, contingent on the performance of the underlying index.

According to the filing, “Payments on the Notes will depend on the performance of the Nasdaq-100 Index.” This structure allows investors to benefit from potential market gains while also exposing them to the risks associated with the performance of the index.

Impact

This new offering may significantly impact various stakeholders, including individual investors looking for income-generating products, as well as financial advisors and institutions that may distribute these notes to their clients. The guarantee from Bank of America Corporation also adds a level of confidence for investors, potentially increasing demand for these notes.

Additionally, the issuance of these notes could influence the broader national commercial banking sector, as other banks may respond by developing similar products to remain competitive in attracting investor interest.

What's Next

The next steps following this filing include the pricing of the notes on November 24, 2026, and their expected issuance on November 30, 2026. Investors and market participants will be closely monitoring these developments to assess the potential impact on the market and the financial sector.