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 February 5, 1996
(To Prospectus Supplement, dated August 7, 1995;
to Prospectus, dated August 7, 1995)
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 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: LIBOR Senior Notes Due February 8, 2001 (the
"LIBOR Notes").
Aggregate
Principal Amount: $20,000,000.00.
Issue Date: February 8, 1996.
Stated Maturity: February 8, 2001.
Interest Rate Index: Three Month LIBOR.
Spread: Plus 27.0 basis points.
Initial Interest Rate: 5.5825%.
Interest Rate: For each Interest Rate Reset Period, Three Month
LIBOR plus 0.270%, 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 9.00% per
annum.
Interest Commencement Date: February 8, 1996.
Interest Payment Dates: Quarterly, on the 8th day of February, May, August
and November, commencing May 8, 1996, and at
Stated Maturity.
Interest Rate Reset Period: Quarterly.
Interest Reset Dates: The 8th day of February, May, August and November.
LIBOR Interest
Determination Dates: Pertaining to an Interest Reset Date, the second
Market Day preceding such related Interest Reset
Date.
Index Maturity: Three Months.
LIBOR Screen Reference: Telerate Screen Page 3750.
Calculation Dates: The related LIBOR Interest Determination Date.
Redemption: The LIBOR Notes are not subject to redemption
prior to Stated Maturity.
Sinking Fund: The LIBOR 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: Morgan, Stanley & Co. Incorporated.
Commission: .100%.
Price to Public: 100%.
CUSIP Number: 17303 LRH 6.
