We present an NMR investigation of multilamellar vesicles (MLVs) obtained from phosphatidyl nucleosides, 5'-(1-palmitoyl-2-oleoyl-sn-glycero(3)phospho)cytidine (1), 5'-(1-palmitoyl-2-oleoyl-sn-glycero(3)phospho)inosine (2), and their mixtures. Because of the lower stability of liposomes obtained from 2, studies have been preferentially performed in this case with mixed liposomes 2/POPC (4:1). The investigation is conducted mostly via the HR-MAS technique and the general observation is that the resolution achieved in this way is superior to that obtained in the past with small unilamellar vesicles (SUVs). A full assignment is now possible, which includes the spectral region of the ribose ring and part of the glycerol moiety. Also in the case of MLVs, both for 1 and 2, a stacking between the aromatic bases of the same liposome layer seems to be ruled out, although in both cases the nucleobases appear to be exposed to the aqueous phase. The splitting of both aromatic H-5cyt and H-6cyt is ascribed to the presence of two aggregate populations that may correspond to the two syn and anti conformations observed for cytidine monophosphate in aqueous solution. On the basis of NOESY cross-peaks, it is not always possible to discriminate between inter- and intramolecular interactions; however, the distances found for 1 appear to be compatible with the intramolecular contacts in the anti conformation of the cytidine and also with intermolecular interactions between neighboring molecules of 1. We also find that the glycerol moiety does not seem to interact with the cytidine; however, part of the ribose ring seems to be close to the glycerol moiety. More generally, the interaction of one base with the sugar moiety of a neighboring base, previously observed for SUVs, still appears to be true for MLVs. Studies have been performed also for mixed liposomes obtained from the mixture of 1 and 2, where it is observed that the HR-MAS spectra of the corresponding MLVs are not simply the sum of the spectra of the two isolated components. In particular, there is the presence of a NOESY cross-peak between the aromatic protons H-6cyt and H-2ino, and this permits us to rule out large patchwork domains containing only one nucleoside components in the mixed liposomes. Finally, a study is performed on the time evolution of the system obtained by mixing the previously prepared liposomes of 1 and 2. No interaction is obtained in this case, i.e., the spectra are constitutive, which is consistent with the general picture of liposomes as kinetic traps that are not fusing with each other.