Filed pursuant to
Rule 424(b)(5)
Registration No. 33-64574
CITICORP
U.S. $3,000,000,000
Global Medium-Term Senior Notes, Series D
U.S. $1,000,000,000
Global Medium-Term Subordinated Notes, Series D
Due From 9 Months to 60 Years From Date of Issue
Pricing Supplement, dated October 14, 1994
(To Prospectus Supplement, dated July 25, 1994;
to Prospectus, dated July 25, 1994)
DESCRIPTION OF NOTES
The terms of the LIBOR Notes set forth in this Pricing
Supplement supplement and modify, to the extent applicable, the
description of general terms and provisions of Citicorp's Global
Medium-Term Senior Notes, Series D set forth in the accompanying
Prospectus and Prospectus Supplement. Capitalized terms not
defined herein shall have the meanings assigned to such terms in
the accompanying Prospectus and Prospectus Supplement.
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SUMMARY OF TERMS:
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Title of Notes: LIBOR Reset Notes Due
November 15, 2004
(the "LIBOR Notes").
Aggregate
Principal Amount: $18,000,000.00.
Issue Date: November 14, 1994.
Stated Maturity Date: November 15, 2004.
Interest Rate Index: Three Month LIBOR.
Spread: Plus 50 basis points.
Initial Interest Rate: Three Month LIBOR plus .50%,
as determined on the second
Market Day preceding the Issue
Date.
Interest Commencement Date: November 14, 1994.
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Interest Payment Dates: Semi-annually, on the 14th of
each February, May, August and
November, commencing February 14,
1995, and at Stated
Maturity.
Interest Rate Reset Period: Quarterly, until November 14, 1997,
at which time the interest
rate on the LIBOR Notes will be
fixed at 10.25% per annum,
computed on the basis of a
360-day year of twelve 30-day
months, for the remaining term
of the LIBOR Notes.
Interest Reset Dates: The 14th of each February, May,
August and November, commencing
February 14, 1995 and ending on
November 14, 1997.
LIBOR Interest
Determination Dates: Pertaining to an Interest Reset
Date, the second Market Day
preceding such related Interest
Reset Date.
Index Maturity: Three Months.
LIBOR Screen Reference: Telerate Screen Page 3750.
Calculation Dates: The related LIBOR Interest
Determination Date.
Redemption: The LIBOR Notes are subject to
redemption at the option of
Citicorp, on not more than 60 or
less than 15 days' notice, at
any time on or after November
14, 1997, at a redemption price
of 100% of their principal
amount plus accrued and unpaid
interest to the redemption date.
Sinking Fund: The LIBOR Notes are not subject
to any sinking fund.
Regular Record Dates: Date that is 15 calendar days
prior to the related Interest
Payment Date.
Calculation Agent: Citibank, N.A.
Agent: Kidder, Peabody International PLC
Commission: .170%
Price to Public: 100%
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