NATIONSBANK CORP
8-K, 1998-07-07
NATIONAL COMMERCIAL BANKS
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               SECURITIES AND EXCHANGE COMMISSION
                                
                     WASHINGTON, D.C. 20549
                                
               _________________________________
                                
                            FORM 8-K
                                
                                
                         CURRENT REPORT
             PURSUANT TO SECTION 13 OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934
                                
                                
       Date of Report (Date of earliest event reported):
                          July 6, 1998
                                
                     NATIONSBANK CORPORATION
     (Exact name of registrant as specified in its charter)
                                
                         North Carolina
 (State or other jurisdiction of incorporation or organization)
                                
                             1-6523
                    (Commission File Number)
                                
                           56-0906609
               (IRS Employer Identification No.)              
                                
                  NationsBank Corporate Center
                   Charlotte, North Carolina
            (Address of principal executive offices)
                                
                             28255
                           (Zip Code)
                                
                         (704) 386-5000
      (Registrant's telephone number, including area code)



ITEM 5.  OTHER EVENTS.

    On July 6, 1998, the Registrant completed a U.S. $800
million Eurobond offering of  floating rate senior notes (the
"Notes").  The Notes were sold only in Europe and Asia to non-U.S.
investors.  The Notes mature in five years and have a coupon
interest rate equal to the London Interbank Offered Rate plus a
margin of .075 percent.  The press release announcing the
completion of this offering is attached as an exhibit to this
Current Report on Form 8-K.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

    (c)  Exhibits.
         
         The following exhibits are filed herewith:


           EXHIBIT NO.            DESCRIPTION OF EXHIBIT



         99.1      Press Release dated July 6, 1998 with respect
                   to the completion of the Registrant's
                   Eurobond offering of floating rate senior
                   notes.




                            SIGNATURES


    Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.


                             NATIONSBANK CORPORATION


                             By: /s/ CHARLES M. BERGER
                                  Charles M. Berger
                                  Associate General Counsel





Dated: July 7, 1998


FOR IMMEDIATE RELEASE
July 6, 1998

Contact: Bob Stickler 704-386-8465

NATIONSBANK COMPLETES EUROBOND OFFERING


NationsBank Corporation today announced it has completed its
previously announced Eurobond offering of $800 million in
floating-rate notes in Europe and Asia.

The 5-year senior notes have a coupon interest rate of the London
Interbank Offered Rate (LIBOR) plus a margin of 7.5 basis points.

The issue was not registered with the Securities and Exchange
Commission and was offered exclusively to investors outside the
United States.  It may not be offered or sold in the United
States absent registration or an applicable exemption from
registration requirements.

Proceeds from the issue will be used for general corporate
purposes.

NationsBank Corporation, with $315 billion in assets, is the
third largest U.S. bank with full-service operations in 15 states
and the District of Columbia.


www.nationsbank.com



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