NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0116 Dated February 6, 1996     Rule 424(b)(2)     
(To Prospectus dated November 24, 1995 and             File number: 33-63097
Prospectus Supplement dated January 10, 1996)       


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

Principal Amount:                                    $  50,000,000.00
Issue Price:                             100.000%    $  50,000,000.00
Commission or Discount:                    0.215%    $     107,500.00
Proceeds to Company:                      99.785%    $  49,892,500.00


Agent:                            Morgan Stanley & Co. Incorporated, as
                                  Principal
                                                                        

Original Issue Date:              February 09, 1996    
Stated Maturity Date:             February 09, 2001    

                                      
Cusip #:                          63858R-DH-1
Form:                             Book entry only         

Interest Rate:                    5.670% Fixed                    

Interest Payment Dates:           February 9 and August 9, commencing 
                                  on August 9, 1996
                                                                   


Discount Note?                                                    No

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