Filed pursuant to
Rule 424(b)(2)
Registration No. 333-32065
Citicorp
U.S. $7,000,000,000
Global Medium-Term Senior Notes, Series C
U.S. $2,000,000,000
Global Medium-Term Subordinated Notes, Series C
Due From 9 Months to 60 Years From Date of Issue
Pricing Supplement, dated September 10, 1997 (To Prospectus Supplement, dated
August 27, 1997; to Prospectus, dated August 27, 1997)
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: 7.125% Subordinated Notes Due September 17, 2012 (the
"Notes").
Aggregate
Principal Amount: $15,000,000.00.
Price to Public: 100%
Issue Date: September 17, 1997.
Stated Maturity: September 17, 2012.
Interest Rate: 7.125% per annum.
Interest Payment Dates: Monthly on the 17th day of each month, commencing in
October 1997, and at Stated Maturity.
Regular Record Dates: Each date that is 15 calendar days prior to the related
Interest Payment Date.
Sinking Fund: The Notes are not subject to any sinking fund provision.
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 March 17 or September 17, on or after
September 17, 2001, at a redemption price of 100% of
their principal amount plus accrued and unpaid interest
to the redemption date.
Selling Agents: PaineWebber Incorporated
Agents' Discount
or Commission: 2.00%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MHG 7.
