CITICORP
424B2, 1995-10-26
NATIONAL COMMERCIAL BANKS
Previous: CHEMICAL BANKING CORP, 8-K, 1995-10-26
Next: VALERO ENERGY CORP, S-8, 1995-10-26



                                                          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 24, 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:               7.00% Subordinated Notes Due November 13, 
                              2010 (the "Notes").
Aggregate
Principal Amount:             $10,000,000.00.

Price to Public:              100.00%.

Issue Date:                   November 13, 1995.

Stated Maturity:              November 13, 2010.

Interest Rate:                7.00% per annum.

 Interest Payment Dates:      Monthly on the 13th day of each month, 
                              commencing in December 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 or less than 30 days' notice,  on any
                              payment date  occurring  on or after  November 13,
                              2000,  at a  redemption  price  of 100%  of  their
                              principal  amount plus accrued and unpaid interest
                              to the redemption date.

Selling Agent:                Lehman Brothers Inc.

Commission:                   1.60%.


Minimum Denomination:         $1,000.





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission