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 July 26, 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: 8.00% Subordinated Fixed Rate Notes Due
August 9, 2011 (the "Notes").
Aggregate
Principal Amount: $14,000,000.00.
Price to Public: 100.00%
Issue Date: August 9, 1996.
Stated Maturity: August 9, 2011.
Interest Rate: 8.00% per annum.
Interest Payment Dates: Semi-annually on the 9th day of each February
and August, commencing August 9, 1996, and at
Stated Maturity.
Regular Record Dates: That date that is 15 calendar 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 on August 9, 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: 0.125%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MFM 6.
