Filed pursuant to
Rule 424(b)(2)
Registration No. 33-59791
$500,000,000
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 February 16, 1996 (To Prospectus Supplement, dated
August 7, 1995, to Prospectus, dated August 7, 1995).
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: 6.50% Subordinated Notes Due February 15, 2011
(the "Notes").
Aggregate
Principal Amount: $5,000,000.00.
Price to Public: 99.750%.
Issue Date: February 22, 1996.
Stated Maturity Date: February 15, 2011.
Interest Rate: 6.50%.
Interest Payment Dates: Semi-annually, on the 15th day of each February
and August, commencing on August 15, 1996, and at
Stated Maturity.
Regular Record Dates: The first day of the month in which each Interest
Payment Date occurs.
Sinking Fund: None.
Redemption: The Notes are not subject to redemption.
Selling Agent: J.W. Korth & Co.
Agent's Commission: 0.971%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MET 2.