NEW YORK - The senior $1 billion class of a $1.051 billion global offering of NationsBank Corp. credit-card-backed securities was priced at 99.7031 to yield 6.61%, 39 basis points above the Treasury's five-year note.

The certificates have an average life of five years and were rated triple-A by Moody's Investors Service Inc. and Standard & Poor's Corp.

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