NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0186 Dated December 31, 1997   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:                                    $ 253,000,000.00
Issue Price:                           100.00000%    $ 253,000,000.00
Commission or Discount:                  0.00000%    $           0.00
Proceeds to Company:                   100.00000%    $ 253,000,000.00

Agent:                            NationsBanc Montgomery Securities LLC, 
                                  as Agent                               


Original Issue Date:              January 05, 1998     

Stated Maturity Date:             January 05, 1999     

Cusip #:                          63858R-EW-7    
Form:                             Book entry only         


Interest Rate:                    Floating                     

Base rate:                        LIBOR Telerate Page 3750         

Index maturity:                   90 days                         

Spread:                           -5.0 bps        

Initial Interest Rate:            5.7625%                         
                                                                  

Interest Reset Period:            Quarterly, commencing on April 5, 
                                  1998                            

Interest Reset Dates:             April 5, July 5 and October 5, 1998
                                                                  

Interest Determination Date:      Two London Banking Days preceding the
                                  Reset Date                     

Interest Payment Dates:           April 5, July 5, October 5, 1998 and 
                                  January 5, 1999, commencing on 
                                  April 5, 1998                      

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