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 February 28, 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: 7.10% Subordinated Fixed-Rate Notes Due
March 15, 2011 (the "Notes").
Aggregate
Principal Amount: $10,000,000.00.
Price to Public: 100%.
Issue Date: March 15, 1996.
Stated Maturity: March 15, 2011.
Interest Rate: 7.10% per annum.
Interest Payment Dates: Monthly on the 15th day of each month, commencing
April 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 subject to redemption, 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 March or
September on or after March 15, 1999, at a
redemption price of 100% of their principal amount
plus accrued and unpaid interest to the redemption
date.
Selling Agent: Morgan Stanley & Co. Incorporated
Agent's Discount
or Commission: 2.250%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MEX 3.
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