Bank of America(logo)
100 North Tryon Street
Charlotte, NC 28255
Tel 704.386.5000
Pricing Supplement No. 0240 Dated December 2, 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: December 17, 1999
Stated Maturity Date: December 17, 2039
Cusip #: 06050M-AG-2
Form: Book-entry only
Interest Rate: Floating
Daycount Convention: Act/360
Base rate: LIBOR Telerate Page 3750
Index maturity: 90 days
Spread: -10.0 bps
Initial Interest Rate: To be determined on December 15, 1999
Interest Reset Period: Quarterly, commencing on March 17, 2000
Interest Reset Dates: 17th of March, June, September and December
Interest Determination
Date: Two London Banking Days preceding the Reset Date
Interest Payment Dates: 17th of March, June, September and December
commencing March 17, 2000
Mininum Denomination: $250,000.00
May the Notes be redeemed by the Company 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
---------------- ---------
December 17, 2009 99.00%
December 17, 2012 99.25%
December 17, 2015 99.50%
December 17, 2018 99.75%
December 17, 2021 and on each 100.00%
third anniversary thereafter
to maturity
