Filed pursuant to
Rule 424(b)(3)
Registration Nos. 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
Supplement, dated September 3, 1997
(To Pricing Supplement, dated August 28, 1997,
to Prospectus Supplement, dated August 27, 1997,
to Prospectus, dated August 27, 1997)
DESCRIPTION OF NOTES
The terms of the LIBOR 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 Senior 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: LIBOR Senior Notes Due September 5, 2000(the
"LIBOR Notes").
Aggregate
Principal Amount: $50,000,000.00.
Issue Date: September 3, 1997.
Stated Maturity: September 5, 2000.
Interest Rate Index: Three Month LIBOR.
Spread: Plus 1.0 basis points.
Initial Interest Rate: LIBOR Effective Rate plus 0.01, based on the
rate prevailing on the second Market Day
Preceding the Issue Date.
Interest Rate: For each Interest Period, Three Month LIBOR plus
0.01%, as determined on the related LIBOR
Interest Determination Date or, in the case of
the Initial Interest Rate, the second Market Day
preceding the Issue Date.
Interest Commencement Date: September 3, 1997.
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Interest Payment Dates: Quarterly, on the 5th day of March, June,
September and December, commencing December 5,
1997, and at Stated Maturity.
Interest Period: Quarterly.
Interest Reset Dates: The 5th day of March, June, September and
December commencing in December 1997.
LIBOR Interest
Determination Dates: Pertaining to an Interest Reset Date, the second
Market Day preceding such related Interest Reset
Date.
Index Maturity: Three Months.
LIBOR Screen Reference: Telerate Screen Page 3750.
Calculation Dates: The related LIBOR Interest Determination Date.
Redemption: The LIBOR Notes are not subject to redemption
prior to Stated Maturity.
Sinking Fund: The LIBOR Notes are not subject to any sinking
fund.
Regular Record Dates: The date that is 15 calendar days prior to the
related Interest Payment Date.
Calculation Agent: Citibank, N.A.
Selling Agent: Citicorp Securities, Inc.
Commission: .040%.
Price to Public: 100%.
CUSIP Number: 17303 LRY 9.
