Filed pursuant to
Rule 424(b)(2)
Registration Nos. 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 January 31, 1996
(To Prospectus Supplement, dated August 7, 1995;
to Prospectus, dated August 7, 1995)
DESCRIPTION OF NOTES
The terms of the CMT Notes (defined below) 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 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: Constant Maturity Treasury Senior Notes
due February 7, 2001 (the "CMT Notes").
Aggregate
Principal Amount: $10,000,000.
Issue Date: February 7, 1996.
Stated Maturity Date: February 7, 2001.
Interest Rate Index: Ten-year Constant Maturity Treasury
("CMT").
Spread: Minus 54.0 basis points.
Initial Interest Rate: 5.05%.
Interest
Commencement Date: February 7, 1996.
Interest Payment Dates: Semi-annually, on the seventh day of
each February and August, commencing
August 7, 1996.
Interest Reset Dates: Each Interest Payment Date.
CMT Interest
Determination Dates: The tenth Market Day preceding the
related Interest Reset Date.
Index Maturity: Ten Years.
CMT Screen Reference: 10 year Treasury Constant Maturity
Telerate Screen Page 7055.
Calculation Dates: The related CMT Interest Determination
Date.
Redemption: The CMT Notes are not subject to
redemption.
Sinking Fund: The CMT Notes are not subject to any
sinking fund.
Regular Record Dates: The date that is 15 calendar days prior
to the related Interest Payment Date.
Calculation Agent: Citibank, N.A.
Selling Agent: Bear, Stearns & Co. Inc.
Discount or Commission: 0.570%.
Price to Public: 100%.
CUSIP Number: 17303 LRG 8.
