NATIONSBANK CORP
424B2, 1996-12-12
NATIONAL COMMERCIAL BANKS
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NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0162 Dated December 10, 1996    Rule 424(b)(2)      
(To Prospectus dated July 12, 1996 and                 File number:  333-7229
Prospectus Supplement dated November 8, 1996)           


Senior Medium-Term Notes, Series F                           
Due Nine Months or More From Date of Issue                   


Principal Amount:                                    $  40,000,000.00
Issue Price:                            100.000%     $  40,000,000.00
Commission or Discount:                   0.110%     $      44,000.00
Proceeds to Company:                     99.890%     $  39,956,000.00

Agent:                            PaineWebber Incorporated, as Agent   


Original Issue Date:              December 17, 1996    
Stated Maturity Date:             December 17, 2003    


Cusip #:                          63858R-EG-2    
Form:                             Book entry only         


Interest Rate:                    Floating                    


Base rate:                        LIBOR Telerate Page 3750          
Index maturity:                   90 Days                           

Spread:                           + 35.0 bps      


Initial Interest Rate:            To be determined on December 13, 1996
                                                            
Interest Reset Period:            Quarterly, commencing on March 17, 1997 
                                                             
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 on March 17, 1997

Maximum Interest Rate:            In no event shall the Interest Rate so  
                                  determined exceed 9.5%.                 


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?                                                    No          

Discount Note?                                                    No  




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