Filed pursuant to
Rule 424(b)(2)
Registration No. 33-59791
CITICORP
U.S. $7,000,000,000
Global Medium-Term Senior Notes, Series D
U.S. $1,000,000,000
Global Medium-Term Subordinated Notes, Series D
Due From 9 Months to 60 Years From Date of Issue
Pricing Supplement, dated February 5, 1996 (the "Pricing Supplement") to
Prospectus Supplement, dated August 7, 1995 (the "Prospectus Supplement"); to
Prospectus, dated August 7, 1995 (the "Base Prospectus" and collectively with
the Pricing Supplement and the Prospectus Supplement, the "Prospectus")
DESCRIPTION OF NOTES
The terms of the LIBOR 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 Senior Notes, Series D 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: LIBOR Senior Floating Rate Notes Due February 26,
2003 (the "LIBOR Notes").
Aggregate
Principal Amount: $5,000,000.00.
Issue Date: February 26, 1996.
Stated Maturity Date: February 26, 2003.
Interest Rate Index: Six Month LIBOR.
Spread: Plus 40.0 basis points.
Initial Interest Rate: Six Month LIBOR plus 0.40%, as determined on the
second Market Day preceding the Issue Date.
Interest Rate: For each Interest Period, Six Month LIBOR plus
0.40%, as determined on the related LIBOR Interest
Determination Date, or in the case of the Initial
Interest Rate, the second Market Day preceding the
Issue Date.
Maximum Interest Rate: The Interest Rate is subject to a cap of 9.25% per
annum.
Interest Commencement Date: February 26, 1996.
Interest Payment Dates: Semi-annually, on the 26th day of each February
and August (subject to modified following business
day convention), commencing August 26, 1996, and
at Stated Maturity.
Interest Period: Semi-annually.
Interest Reset Dates: The 26th day of each February and August.
LIBOR Interest
Determination Dates: Pertaining to an Interest Reset Date, the second
Market Day preceding such related Interest Reset
Date.
Index Maturity: Six Months.
LIBOR Screen Reference: Telerate Screen Page 3750.
Calculation Dates: The related LIBOR Interest Determination Date.
Redemption: The Notes are not subject to redemption.
Sinking Fund: The LIBOR Notes are not subject to any sinking
fund.
Exchange Listing: The LIBOR Notes will be listed on the Luxembourg
Stock Exchange.
Calculation Agent: Citibank, N.A.
Selling Agent: IBJ International plc.
Commission: .090%.
Price to Public: 100%.
Common Code: 6398804.
ISIN: XS00639880-1.
