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Pricing Supplement No. 27 dated August 6, 1997 Registration No. 33-52571
(To Prospectus Supplement dated December 16, 1994 Rule 424(b)(3)
and Prospectus dated March 18, 1994)
BANKBOSTON CORPORATION
(formerly known as Bank of Boston Corporation)
MEDIUM-TERM NOTES
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
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Except as set forth herein, the Senior Notes offered hereby are "Fixed
Rate Notes" and have such terms as are described in the accompanying Prospectus
Supplement dated December 16, 1994, relating to Fixed Rate Notes. This Pricing
Supplement relates to $50,000,000 aggregate principal amount of Senior Notes
that are being purchased, as principal, by Morgan Stanley & Co. ("Morgan
Stanley") for resale to one or more investors at varying prices determined by
Morgan Stanley. Net proceeds payable by Morgan Stanley to BankBoston Corporation
(the "Corporation") will be 100% of the aggregate principal amount of the Senior
Notes, or $50,000,000, before deduction of expenses payable by the Corporation.
DTC CUSIP #: 06420MAX8
Principal Amount: $50,000,000
Issue Date (Settlement Date): August 11, 1997
Stated Maturity Date: August 11, 2000
Issue Price: 100% of Principal Amount
Proceeds to the
Corporation: $50,000,000
Interest Rate(s)
(Fixed Rate Notes): 6.38%
Initial Interest Rate
(Floating Rate Notes): N/A
Interest Payment Dates: [ ] June 15 and December 15 of each year.
[x] Other:
February 11, 1998 August 11, 1998
February 11, 1999 August 11, 1999
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February 11, 2000 August 11, 2000
Record Dates: [X] Fifteenth calendar day (whether or not a
Business Day) next preceding each Interest
Payment Date.
Interest Rate Basis
(Floating Rate Notes): N/A
Interest Calculation
(Floating Rate Notes): N/A
Index Maturity
(Floating Rate Notes): N/A
Index Currency
(LIBOR Notes): N/A
Designated LIBOR Page
(LIBOR Notes): N/A
Designated CMT Telerate
Page (CMT Rate Notes): N/A
Designated CMT Maturity
Index (CMT Rate Notes): N/A
Prime Rate Notes
(Floating Rate Notes): N/A
Spread (Plus or Minus)
(Floating Rate Notes): N/A
Spread Multiplier
(Floating Rate Notes): N/A
Interest Rate Formula
(Floating Rate Notes): N/A
Interest Reset Dates
(Floating Rate Notes): N/A
Interest Determination Dates
(Floating Rate Notes): N/A
Calculation Agent (if other
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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
(Fixed Rate Notes): [X] 30/360 for the period from August 11, 1997
to August 11, 2000.
[ ] Actual/360 for the period from _____________
to ____________.
Original Issue
Discount Note: [ ] Yes
[X] No
Total Amount of OID: N/A
Yield to Maturity: N/A
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.
