Bank of America(logo)
100 North Tryon Street
Charlotte, NC 28255
Tel 704.386.5000
Pricing Supplement No. 0247 Dated February 15, 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
Due Nine Months or More From Date of Issue
Principal Amount: Salomon Smith Barney $ 25,000,000.00
Prudential Securities, Inc. $ 5,000,000.00
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Total $ 30,000,000.00
Issue Price: 100.00% $ 30,000,000.00
Commission or Discount: 1.70% $ 510,000.00
Proceeds to Corporation: 98.30% $ 29,490,000.00
Co-Agents: Salomon Smith Barney and Prudential Securities, Inc.
as Principals(1)
Original Issue Date: February 25, 2000
Stated Maturity Date: February 25, 2015
Cusip #: 06050N-AR-6
Form: Book-entry only
Interest Rate: 8.125% per annum
Interest Payment Date: The 25th of each February and August, commencing on
August 25, 2000
Discount Note? No
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 occurring February 25, 2003 and on any
Interest Payment Date occurring in February or August 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
(1): Notes purchased by the Agents as principals 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 or Prudential Securities, Inc.
