Filed pursuant to
                                                                  Rule 424(b)(2)
                                                       Registration No. 33-59791

                                    CITICORP
                               U.S. $7,000,000,000
                    Global Medium-Term Senior Notes, Series D
                               U.S. $1,000,000,000
                 Global Medium-Term Subordinated Notes, Series D
                Due From 9 Months to 60 Years From Date of Issue

          Pricing Supplement,  dated February 9, 1996 (the "Pricing Supplement")
to Prospectus Supplement, dated August 7, 1995 (the "Prospectus Supplement"); to
Prospectus,  dated August 7, 1995 (the "Base  Prospectus" and collectively  with
the Pricing Supplement and the Prospectus Supplement, the "Prospectus")

                              DESCRIPTION OF NOTES

          The  description  of the LISBOR Escudo Notes set forth in this Pricing
Supplement  supplements  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.  To the extent any statement
herein  differs  from a  statement  made  in  such  accompanying  Prospectus  or
Prospectus  Supplement,  such statement  shall modify or supersede the statement
made in such Prospectus or Prospectus Supplement. Any such statement so modified
or  superseded  shall not be deemed,  except as so  modified or  superseded,  to
constitute a part of the accompanying Prospectus or Prospectus Supplement. For a
description  of certain  risks  associated  with the LISBOR  Escudo  Notes,  see
"FOREIGN CURRENCY RISKS" in the accompanying Prospectus Supplement.


SUMMARY OF TERMS:

Title of Notes:               LISBOR Senior Floating Rate Notes Due February 15,
                              2001 (the "LISBOR Escudo Notes").

Aggregate
  Principal Amount:           PTE 7,500,000,000.00.

Specified Currency:           Portuguese Escudo.

Issue Date:                   February 15, 1996.

Stated Maturity Date:         February 15, 2001.

Interest Rate Index:          Six Month LISBOR.

Spread:                       Plus 10.0 basis points.

Initial Interest Rate:        Six Month LISBOR plus 0.10%,  as determined on the
                              second Market Day preceding the Issue Date.

Interest Rate:                For each  Interest  Period,  Six Month LISBOR plus
                              0.10%,   as  determined  on  the  related   LISBOR
                              Interest Determination Date, or in the case of the
                              Initial  Interest  Rate,  the  second  Market  Day
                              preceding the Issue Date.

Interest Commencement Date:   February 15, 1996.

Interest Payment Dates:       Semi-annually,  on the 15th  day of each  February
                              and August,  commencing  August 15,  1996,  and at
                              Stated  Maturity,  provided  that  if an  Interest
                              Payment  Date is not a  Business  Day in New York,
                              New  York,  London,  United  Kingdom  and  Lisbon,
                              Portugal,  then  payment of  interest  will not be
                              made on such  date,  but  will be made on the next
                              succeeding  day  which  is a  Business  Day in New
                              York, New York, London, United Kingdom and Lisbon,
                              Portugal with the same force and effect as if made
                              on the Interest Payment Date and no interest shall
                              accrue on the  amount so  payable  for the  period
                              from and after such Interest Payment Date.

Interest Period:              Semi-annually.


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Interett Reset Dates:         The 15th day of each February and August.

LISBOR Interest
  Determination Dates:        Pertaining to an Interest  Reset Date,  the second
                              Market Day preceding  such related  Interest Reset
                              Date.

Index Maturity:               Six Months.

LISBOR Screen Reference:      Reuters Page LBOA (as described below).

Calculation Dates:            The related LISBOR Interest Determination Date.

Form and Denominations:       The LISBOR  Escudo Notes will  initially be issued
                              in the form of one or more temporary global Notes,
                              which  will  be   exchanged   45  days  after  the
                              Settlement  Date,  upon written  certification  as
                              described  in this Pricing  Supplement  and in the
                              Prospectus  Supplement,  for one or more permanent
                              global Notes.  Interests in the  permanent  global
                              Notes  will  thereafter  be  exchangeable  at  the
                              option of the beneficial  owner,  on the terms and
                              conditions  described in this  Pricing  Supplement
                              and in the Prospectus  Supplement,  for definitive
                              Notes  in  bearer  form  in  denominations  of PTE
                              10,000 and any  integral  multiple of PTE 1,000 in
                              excess  thereof.  See  "Global  Notes"  herein and
                              "DESCRIPTION OF NOTES--Form and  Denominations" in
                              the Prospectus Supplement.

Early Redemption:             The  LISBOR   Escudo  Notes  are  not  subject  to
                              redemption.

Sinking Fund:                 The  LISBOR  Escudo  Notes are not  subject to any
                              sinking fund.

Exchange Listing:             The  LISBOR  Escudo  Notes  will be  listed on the
                              Luxembourg Stock Exchange.

Calculation Agent:            Citibank, N.A.

Selling Agent:                Not applicable. Sold by Citicorp.

Commission:                   Not applicable

Price to Public:              100%.

Clearance Information:        The LISBOR  Escudo  Notes have been  accepted  for
                              clearance through Euroclear and Cedel.

Common Code:                  6389805.

ISIN:                         XS63898059.



          In this  Pricing  Supplement  references  to "Escudo" and "PTE" are to
Portuguese  Escudo. At approximately  8:00 a.m. Lisbon time on February 9, 1996,
the bid quotation from Citibank,  N.A.,  Lisbon branch was PTE 154.60 per United
States dollar.

                                    * * * * *

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<PAGE>


LISBOR REFERENCE SCREEN

          LISBOR  means  that the rate for an  Interest  Reset  Date will be the
interbank  offered rate as displayed on Reuters  Screen Page "LBOA" for deposits
in Portuguese  Escudo for a period of the Index Maturity as of 11:00 a.m. Lisbon
time, on the day that is two Lisbon  Banking Days  preceding the Interest  Reset
Date.  If such rate does not appear on Reuters  Screen  Page "LBOA" the rate for
that  Interest  Reset Date will be  determined  as if the parties had  specified
"PTE-LBOA Reference Banks" as the applicable Index.

          PTE-LBOA-Reference  Banks  means that the rate for an  Interset  Reset
Date  will be  determined  on the  basis  of the  rates  at  which  deposits  in
Portuguese  Escudo are offered by the  Reference  Banks at  approximately  11:00
a.m.,  Lisbon time on the day that is two Lisbon  Business Days  preceding  that
Interest Reset Date to prime banks in the Lisbon interbank market for the period
of  the  Index   Maturity   commencing  on  that  Index  Reset  Date  and  in  a
Representative  Amount.  The Calculation Agent will request the principal Lisbon
office of each of the Reference  Banks to provide a quotation of its rate. If at
least  two  quotations  are  provided,  the rate for that  Interest  Reset  Date
quotations are provided as requested, the rate for that Interest Reset Date will
be the  arithmetic  means of the  rates  quoted by the  major  banks in  Lisbon,
selected by the Calculation Agent, at approximately  11:00 a.m., Lisbon time, on
that  Interest  Reset Date for loans in  Portuguese  Escudo to leading  European
banks for a period of the Index Maturity  commencing on that Interest Reset Date
and in a Representative Amount.

          Reference  Banks  shall  mean 4 major  banks in the  Lisbon  interbank
market. Representative Amount shall mean an amount not less than PTE 1,000,000.


PAYMENT AND PAYING AGENTS

          Generally,  the  principal of and interest on the LISBOR  Escudo Notes
will be payable in the manner specified in the accompanying Prospectus under the
heading "DESCRIPTION OF NOTES -- Payment and Paying Agents" and the accompanying
Prospectus  Supplement  under the headings  "DESCRIPTION OF NOTES -- Payment and
Paying  Agents" and "SPECIAL  PROVISIONS  RELATING TO FOREIGN  CURRENCY NOTES --
Payment".

          In addition  to  Citibank,  acting  through  its  principal  office in
London,  England,  and Citibank  (Luxembourg) S.A., acting through its principal
office in Luxembourg,  Citicorp has designated Citibank, acting through its main
office in Lisbon,  Portugal as Paying Agent for the LISBOR  Escudo Notes outside
the United  States.  Citicorp  will,  as long as any LISBOR  Escudo Notes remain
outstanding,  maintain a paying  agency in  Lisbon.  In  addition  to London and
Luxembourg, Lisbon will constitute a Place of Payment with respect to the Notes.

          The  principal  of and  interest  on the LISBOR  Escudo  Notes will be
payable in Escudos.  Payments  will be made by Escudo check or Escudo bank draft
on a bank (in the case of payment to a  nonresident  of Portugal,  an authorized
foreign  exchange bank) in Lisbon,  Portugal or by transfer in same day funds to
an Escudo  account (in the case of payment to a  nonresident  of Portugal,  to a
nonresident  account)  maintained by the payee with a bank in Lisbon,  Portugal,
subject in each case to all applicable laws and regulations.

SELLING RESTRICTIONS

          The LISBOR Escudo Notes have not and will not be registered  under the
Portuguese  Securities  Code  as  a  public  offering.  The  Selling  Agent  has
represented  and agreed  that it has not offered and will not offer any notes by
way of a public offering within the Portuguese  market,  such concept meaning an
unsolicited  request for applications for the subscription of notes addressed to
non-pre-determined  and  non-pre-defined   investors  or  by  using  any  public
advertisement means.


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