Bank of America(logo)
100 North Tryon Street
Charlotte, NC 28255
Tel 704.386.5000
Amendment No. 1 (Dated May 13, 1999) to
Pricing Supplement No. 0225 Dated May 7, 1999 Rule 424(b)(2)
(To Prospectus dated May 21, 1998 and File number: 333-51367
Prospectus Supplement dated November 16, 1998)
Senior Medium-Term Notes, Series H
Due Nine Months or More From Date of Issue
Principal Amount: $ 20,000,000.00
Issue Price: 100.0000% $ 20,000,000.00
Commission or Discount: 1.0000% $ 200,000.00
Proceeds to Company: 99.0000% $ 19,800,000.00
Agent: Morgan Stanley Dean Witter & Co., as Principal
Original Issue Date: May 21, 1999
Stated Maturity Date: May 21, 2039
Cusip #: 06050M-AA-5
Form: Book-entry only
Interest Rate: Floating
Daycount Convention: Act/360
Base rate: LIBOR Telerate Page 3750
Index maturity: 90 days
Spread: -5.0 bps
Initial Interest Rate: To be determined on May 19, 1999
Interest Reset Period: Quarterly, commencing on August 21, 1999
Interest Reset Dates: 21st of February, May, August and November
Interest Determination
Date: Two London Banking Days preceding the reset date
Interest Payment Dates: 21st of May, August and November, and February
commencing August 21, 1999
Minimum Denomination: $250,000.00
May the Notes be redeemed by the Corporation prior
to maturity? No
May the notes be repaid prior to maturity at the option of the
holder? Yes (See below)
The notes will be subject to repayment at the option of the holder on the
following repayment dates and following prices, plus accrued interest
thereon, if any, upon at least 30 calendar days prior notice to the Company
and Trustee.
Repayment Date Put Price
---------------- ---------
May 21, 2009 99.00%
May 21, 2012 99.25%
May 21, 2015 99.50%
May 21, 2018 99.75%
May 21, 2021 and on each 100.00%
third anniversary thereafter
to maturity
