CITICORP
424B2, 1995-10-04
NATIONAL COMMERCIAL BANKS
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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 October 2, 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  andM 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:            7.00% Subordinated Notes Due October 15, 2010
                           (the "Notes").
Aggregate
Principal Amount:          $15,000,000.00.

Price to Public:           100%.

Issue Date:                October 16, 1995.

Stated Maturity:           October 15, 2010.

Interest Rate:             7.00% per annum.

Interest Payment Dates:    Monthly on the 15th day of every month,
                           commencing in November 1995, and at Stated
                           Maturity.
                           
Regular Record Dates:      The first day of the month in which each
                           Interest Payment Date occurs.
                           
Sinking Fund:              None.
                          
Redemption:                The Notes are subject to redemption, in whole but
                           not in part, at the option of Citicorp, on not
                           more than 60 nor less than 30 days' notice, on
                           the 15th day of each April and October,
                           commencing October 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.


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