NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0122 Dated March 13, 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:                0.540%    $     270,000.00
Proceeds to Company:                  99.460%    $  49,730,000.00


Agent:                            Lehman Brothers Inc., as Agent      
                                                                            

Original Issue Date:              March 18, 1996       
Stated Maturity Date:             March 20, 2006       

                              
Cusip #:                          63858R-DK-4    
Form:                             Book entry only         

Interest Rate:                    6.950% Fixed                    

Interest Payment Dates:           March 20 and September 20, commencing 
                                  on September 20, 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