Bank of America has raised $2.5 billion in a sale of bonds, Bloomberg reports. The $2 billion notes sold in the first part carry a coupon rate of 3.75% and are due to mature in 2016.

The $500 million floating- rate securities sold in the second tranche are due to mature in 2014. In its last offering in March, BofA sold $1.5 billion of 3.625% fixed-rate notes that were due to mature in 2016.

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