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Pricing Supplement No. 8 dated May 8, 1998 Registration Nos. 33-52571
(To Prospectus Supplement dated November 25, 1997 and 333-38135
and Prospectus dated November 21, 1997) Rule 424(b)(3)
BANKBOSTON 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
"Floating Rate Notes" and have such terms as are described in the accompanying
Prospectus Supplement dated November 25, 1997, relating to Floating Rate Notes.
This Pricing Supplement relates to $100,000,000.00 aggregate principal amount of
Senior Notes that are being purchased, as principal, by Morgan Stanley & Co.
Incorporated ("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 99.95894% of the aggregate
principal amount of the Senior Notes, or $99,958,940.00, before deduction of
expenses payable by the Corporation.
DTC CUSIP #: 06605 TAF9
Principal Amount: $100,000,000.00
Issue Date (Settlement Date): May 13, 1998
Stated Maturity Date: May 11, 2001
Issue Price: 99.95894% of Principal Amount
Interest Rate(s)
(Fixed Rate Notes): N/A
Initial Interest Rate
(Floating Rate Notes): 5.7375%
Interest Payment Dates: [ ] June 15 and December 15 of each year.
[x] Other:
February 11, May 11, August 11, and November
11 of each year, or the next Business Day,
commencing August 11, 1998
Record Dates: [x] Fifteenth calendar day (whether or not
a Business Day) immediately preceding each
Interest Payment Date.
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Interest Rate Basis [ ] CMT Rate
(Floating Rate Notes): [ ] 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:
Index Maturity
(Floating Rate Notes): 3 Month LIBOR
Index Currency
(LIBOR Notes): U.S. Dollars
Designated LIBOR Page
(LIBOR Notes): Telerate 3750
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): Plus .05%
Spread Multiplier
(Floating Rate Notes): N/A
Interest Rate Formula
(Floating Rate Notes): LIBOR +.05%
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Interest Reset Dates
(Floating Rate Notes): Quarterly, same as Interest Payment Dates
Interest Determination Dates
(Floating Rate Notes): 2 London Business Days prior to Interest
Reset Dates
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 May
13, 1998 to May 11, 2001.
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.
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