Not likely to be 1986. I suspect it’s the 86th day of 2018 (March 27), the 86th day of 2008 (March 26), or the 86th day of 1998 (March 26) if it’s exceptionally old stock.
I think the code is the last digit of the year, followed by the day number. E.g. 2018 on day 086 =>8086