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Pricing Supplement No. 2 dated January 22, 1996 Registration No. 33-52571
(To Prospectus Supplement dated December 16, 1994 Rule 424(b)(3)
and Prospectus dated March 18, 1994)
BANK OF BOSTON CORPORATION
MEDIUM-TERM NOTES
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
----------------------
Except as set forth herein, the Notes offered hereby are "Senior
Floating Rate Notes" and have such terms as are described in the
accompanying Prospectus Supplement dated December 16, 1994, relating to
Senior Floating Rate Notes.
Principal Amount: $50,000,000
Issue Date: January 22, 1996
(Settlement Date): January 25, 1996
Stated Maturity Date: January 24, 1997
Issue Price: 100% of Principal Amount
Offering Agent: The First National Bank of Boston, as agent
Offering Agent's
Commission: $5,000
Proceeds to the
Corporation: $49,995,000
Interest Rate(s)
(Fixed Rate Notes): N/A
Initial Interest Rate
(Floating Rate Notes): 5.405%
Interest Payment Dates: [ ] June 15 and December 15 of each year.
[X] Other: July 24, 1996
Oct. 24, 1996
Jan. 24, 1997
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Interest Payment Period; Quarterly
<TABLE>
<S> <C>
Record Dates: [X] Fifteenth calendar day (whether or not a Business Day)
next preceding each Interest Payment Date.
Interest Rate Basis
(Floating Rate Notes): [ ] CMT Rate
[ ] Commercial Paper Rate
[ ] Eleventh District Cost of Funds Rate
[ ] Federal Funds Rate
[X] LIBOR Telerate
[ ] LIBOR Reuters
[ ] Prime Rate
[ ] Treasury Rate
[ ] Other:
Interest Calculation
(Floating Rate Notes): [X] Regular Floating Rate Note
[ ] Floating Rate/Fixed Rate Note
Fixed Rate Commencement Date:
Fixed Interest Rate:
[ ] Inverse Floating Rate Note
Fixed Interest Rate:
</TABLE>
Index Maturity
(Floating Rate Notes): Six Month
Index Currency
(LIBOR Notes): U.S. Dollar
Designated LIBOR Page
(LIBOR Notes): Page 3750
Designated CMT Telerate
Page (CMT Rate Notes): N/A
Designated CMT Maturity
Index (CMT Rate Notes): N/A
Reuters Screen NYMF Page
(Prime Rate Notes): N/A
Spread (Plus or Minus)
(Floating Rate Notes): +.03
Spread Multiplier
(Floating Rate Notes): N/A
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Interest Rate Formula
(Floating Rate Notes): N/A
Interest Reset Dates
(Floating Rate Notes): January 25, 1996
July 24, 1996
October 24, 1996
Interest Reset Period: Quarterly
Interest Determination Dates
(Floating Rate Notes): January 23, 1996
July 22, 1996
October 22, 1996
Calculation Agent (if other
than the Bank)
(Floating Rate Notes): N/A
Minimum Interest Rate
(Floating Rate Notes): N/A
Maximum Interest Rate
(Floating Rate Notes): N/A
Redemption Date(s): N/A
Initial Redemption Percentage: N/A
Annual Redemption
Percentage Reduction: N/A
Holder's Optional
Repayment Date(s): N/A
Day Count Convention
(Floating Rate Notes): [ ] 30/360 for the period from _____________ to
________________.
[X] Actual/360 for the period from January 25, 1996
to January 24, 1997.
Original Issue
Discount Note: [ ] Yes
[X] No
Total Amount of OID: N/A
Yield to Maturity: N/A
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Interest Accrual
Period: N/A
Default Rate: N/A
Other Provisions: Terms used but not defined in this Pricing Supplement shall
have the meanings specified in the above-referenced Prospectus Supplement.
