Filed pursuant to
Rule 424(b)(2)
Registration No. 33-59791
CITICORP
U.S. $7,000,000,000
Global Medium-Term Senior Notes, Series C
U.S. $1,000,000,000
Global Medium-Term Subordinated Notes, Series C
Due From 9 Months to 60 Years From Date of Issue
Pricing Supplement, dated August 23, 1995 (To Prospectus Supplement, dated
August 7, 1995; to Prospectus, dated August 7, 1995)
DESCRIPTION OF NOTES
The terms of the Subordinated 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 Subordinated
Notes, Series C, 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.
SUMMARY OF TERMS:
Title of Notes: 7.45% Subordinated Notes Due September 15, 2010
(the "Notes").
Aggregate
Principal Amount: $10,000,000.00.
Price to Public: 100%.
Issue Date: September 15, 1995.
Stated Maturity: September 15, 2010.
Interest Rate: 7.45% per annum.
Interest Payment Dates: Monthly on the 15th day of every month, commencing
in October 1995, and at Stated Maturity.
Regular Record Dates: The first day of the month preceding each Interest
Payment Date.
Sinking Fund: None.
Redemption: The Notes are subject to redemption,
only in whole, at the option of
Citicorp, on not more than 60 nor
less than 30 days' notice, on the
15th day of each March and
September, commencing September 15,
2000, at a redemption price of 100%
of their principal amount plus
accrued and unpaid interest to the
redemption date.
Selling Agent: Morgan Stanley & Co. Incorporated
Agent's Commission: 2.35%.
Minimum Denomination: $1,000.