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 October 30, 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: 7.00% Subordinated Notes Due October 15, 2008 (the
"Notes").
Aggregate
Principal Amount: $1,635,000.00.
Price to Public: 100.00%.
Issue Date: November 4, 1996.
Stated Maturity Date: October 15, 2008.
Interest Rate: 7.00%.
Interest Payment Dates: Semi-annually, on the 15th day of each April and
October, commencing in April 1997, and at Stated
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 not subject to redemption.
Selling Agent: J.W. Korth & Company.
Agent's Commission: 2.00%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MGB 9.