Filed pursuant to
Rule 424(b)(2)
Registration No. 333-20803
CITICORP
U.S. $7,000,000,000
Global Medium-Term Senior Notes, Series D
U.S. $2,000,000,000
Global Medium-Term Subordinated Notes, Series D
Due From 9 Months to 60 Years From Date of Issue
Pricing Supplement, dated June 12, 1997 (the "Pricing Supplement") to
Prospectus Supplement, dated May 21, 1997 (the "Prospectus Supplement"); to
Prospectus, dated May 21, 1997 (the "Base Prospectus" and collectively with the
Pricing Supplement and the Prospectus Supplement, the "Prospectus")
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 D 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 Floating Rate Notes Due July 3, 2000
(the "LIBOR Notes").
Aggregate
Principal Amount: $50,000,000.00.
Issue Date: July 3, 1997.
Stated Maturity Date: July 3, 2000.
Interest Rate Index: Three Month LIBOR.
Spread: Plus 2.0 basis points.
Initial Interest Rate: Three Month LIBOR plus 0.020%, as determined on
the second Market Day preceding the Issue Date.
Interest Rate: For each Interest Rate Reset Period, Three Month
LIBOR plus 0.020%, as determined on the second
Market Day preceding the related LIBOR
Determination Date, or in the case of the Initial
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Interest Rate, the second Market Day
preceding the Issue Date.
Interest Commencement Date: July 3, 1997.
Interest Payment Dates: Quarterly, on the 3rd of each January, April, July
and October, commencing October 3, 1997, and at
Stated Maturity.
Interest Rate Reset Period: Quarterly.
Interest Reset Dates: The 3rd of each January, April, July and July.
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 the Maturity Date.
Sinking Fund: The LIBOR Notes are not subject to any sinking
fund.
Exchange Listing: The LIBOR Notes will not be listed on the
Luxembourg Stock Exchange.
Calculation Agent: Citibank, N.A.
Agent: Citibank International PLC.
Commission: .020%.
Price to Public: 99.91%.
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