Bank of America(logo)
100 North Tryon Street
Charlotte, NC 28255
Tel 704.386.5000
Pricing Supplement No. 0256 Dated May 11, 2000 Rule 424(b)(2)
(To Prospectus dated May 21, 1998 and File number: 333-51367
Prospectus Supplement dated November 16, 1998)
Subordinated Medium-Term Notes, Series H
Principal Amount: $ 35,000,000.00
Issue Price: 100.0000% $ 35,000,000.00
Commission or Discount: 1.5857% $ 544,995.00
Proceeds to Corporation: 98.4143% $ 34,445,005.00
Agent: Solomon Smith Barney, as Principal (1)
Original Issue Date: May 25, 2000
Stated Maturity Date: May 25, 2010
Cusip #: 06050NAV7
Form: Book-entry only
Interest Rate: 8.00% per annum
Interest Payment Dates: The 25th of each month commencing June 25, 2000
May the Notes be redeemed by the corporation prior
to maturity? Yes (See below)
The notes will be subject to redemption at the option of the Corporation,
in whole, on the Interest Payment Date occuring May 25, 2003 and on any
Interest Payment Date occurring the 25th of each month thereafter at a
redemption price equal to 100% of the principal amount of the Notes, plus
accrued interest thereon, if any, upon at least 35 calendar days prior notice
to the NoteHolder and the Trustee, as described in the Prospectus Supplement.
May the notes be repaid prior to maturity at the option of the
holder? No
Discount Note? No
(1): Notes purchased by the Agent as principal may be resold to investors
and other purchasers at varying prices relating to prevailing market
prices at the time of resale as determined by Salomon Smith Barney.
