Filed pursuant to
Rule 424(b)(5)
Registration No. 333-20803
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
Supplement, dated June 16, 1997 to Pricing Supplement dated June 11, 1997
(To Prospectus Supplement, dated May 21, 1997;
to Prospectus, dated May 21, 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: 7.28% Subordinated Notes Due July 15, 2012 (the
"Notes").
Aggregate
Principal Amount: $15,000,000.00.
Price to Public: 100.00%
Issue Date: June 25, 1997.
Stated Maturity: July 15, 2012.
Interest Rate: 7.28% per annum.
Interest Payment Dates: Monthly on the 15th day of each month, commencing
in July 1997, and at Stated Maturity.
Regular Record Dates: Each date that is 15 calendar days prior to the
related Interest Payment Date.
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 January or
July, on or after July 15, 2000, 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: 2.250%.
Minimum Denomination: $1,000.
CUSIP Number: 17303 MGU 7.
