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 June 5, 1996
(To Prospectus Supplement,dated August7, 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: 7.60% Subordinated Fixed Rate Notes Due
June 15, 2011 (the "Notes").
Aggregate
Principal Amount: $10,000,000.00.
Price to Public: 100.00%
Issue Date: June 14, 1996.
Stated Maturity: June 15, 2011.
Interest Rate: 7.60% per annum.
Interest Payment Dates: Monthly on the 15th day of each month, commencing
July 15, 1996, 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 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 June or December commencing on
June 15, 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: 3.000%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MFJ 3.