Filed pursuant to
                                                                  Rule 424(b)(2)
                                                      Registration Nos. 33-59791

                                    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

Pricing  Supplement,  dated  February 5, 1996
     (To Prospectus Supplement, dated August 7, 1995;
     to Prospectus, dated August 7, 1995)

                              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  February  8,  2001 (the
                              "LIBOR Notes").

Aggregate
  Principal Amount:           $20,000,000.00.

Issue Date:                   February 8, 1996.

Stated Maturity:              February 8, 2001.

Interest Rate Index:          Three Month LIBOR.

Spread:                       Plus 27.0 basis points.

Initial Interest Rate:        5.5825%.

Interest Rate:                For each Interest  Rate Reset Period,  Three Month
                              LIBOR plus 0.270%,  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.

Maximum Interest Rate:        The Interest Rate is subject to a cap of 9.00% per
                              annum.

Interest Commencement Date:   February 8, 1996.

Interest Payment Dates:       Quarterly, on the 8th day of February, May, August
                              and  November,  commencing  May  8,  1996,  and at
                              Stated Maturity.

Interest Rate Reset Period:   Quarterly.

Interest Reset Dates:         The 8th day of February, May, August and November.

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:                Morgan, Stanley & Co. Incorporated.

Commission:                   .100%.

Price to Public:              100%.

CUSIP Number:                 17303 LRH 6.