Filed pursuant to
Rule 424(b)(2)
Registration No. 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 April 22, 1996
(To Prospectus Supplement, dated August 7, 1995;
to Prospectus, dated August 7, 1995)
DESCRIPTION OF NOTES
The terms of the Subordinated 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 Subordinated 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: 7.25% Subordinated Fixed-Rate Notes Due May 10, 2011
(the "Notes").
Aggregate
Principal Amount: $15,000,000.00.
Price to Public: 100%.
Issue Date: May 10, 1996.
Stated Maturity: May 10, 2011.
Interest Rate: 7.25% per annum.
Interest Payment Dates: Monthly on the 10th day of each month, commencing June
10, 1996, and at Stated Maturity.
Regular Record Dates: The date that is 15 calender days prior to the related
Interest Payment Date.
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 occurring in May or November, on or after
May 10, 1999, at a redemption price of 100% of their
principal amount plus accrued and unpaid interest to
the redemption date.
Selling Agent: Goldman, Sachs & Co.
Agent's Discount
or Commission: 2.75%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MFA 2.
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