Filed pursuant to
Rule 424(b)(2)
Registration No. 33-59791
$1,000,000,000
CITICORP
Medium-Term Senior Notes, Series E
Medium-Term Subordinated Notes, Series E
Due From 9 Months to 50 Years From Date of Issue
Pricing Supplement, dated August 29, 1996
(To Prospectus Supplement, dated March 26, 1996,
to Prospectus, dated February 8, 1996).
DESCRIPTION OF NOTES
The terms of the Notes set forth in this Pricing Supplement supplement
and modify, to the extent applicable, the description of general terms and
provisions of Citicorp's Medium-Term Subordinated Notes, Series E, 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: 7.25% Subordinated Notes Due September 15,
2008 (the "Notes").
Aggregate
Principal Amount: $1,460,000.00.
Price to Public: 100.00%.
Issue Date: September 5, 1996.
Stated Maturity Date: September 15, 2008.
Interest Rate: 7.25%.
Interest Payment Dates: Monthly, on the 15th day of each month,
commencing October 1996, and at Maturity.
Regular Record Dates: The first day of the month in which the
related Interest Payment Date occurs.
Sinking Fund: None.
Redemption: The Notes are subject to redemption, only in
whole but not in part, at the option of
Citicorp, on not more than 60 or less than
30 days' notice, on any Interest Payment
Date, on or after September 15, 1999, at a
redemption price of 100% of their principal
amount plus accrued and unpaid interest to
the redemption date.
Selling Agent: J.W. Korth & Company.
Agent's Commission: 2.00%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MFX 2.
