Bank of America Corp. announced the sale of new investment-grade dollar bonds on February 3, 2026. BofA became the last major Wall Street bank to issue debt following fourth-quarter earnings.
The offering includes six-year fixed- and floating-rate notes. It also features an 11-year fixed-rate security. Initial price talk for the 11-year note was a premium of 1 percentage point above Treasuries.
This move aligns with a record pace for U.S. investment-grade bond sales at the beginning of 2026. Borrowers are exploiting reduced borrowing premiums amid a global surge of debt issuance. The six largest Wall Street banks collectively issued $50.5 billion of high-grade notes in the previous month.