Filed pursuant to
                                                                  Rule 424(b)(2)
                                                       Registration No. 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  August 29, 1995 (To  Prospectus  Supplement,  dated
         August 7, 1995; to Prospectus, dated August 7, 1995)

                              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:              7.20% Subordinated Notes Due September 15, 2010
                             (the "Notes").
Aggregate
Principal Amount:            $10,000,000.00.

Price to Public:             100%.

Issue Date:                  September 15, 1995.

Stated Maturity:             September 15, 2010.

Interest Rate:               7.20% per annum.

Interest Payment Dates:      Monthly on the 15th day of every month, commencing 
                             in October 1995, and at Stated Maturity.

Regular Record Dates:        The first day of the month preceding each 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 nor less than 30 days' notice, on
                             the  15th  day  of  each  March  and
                             September,  commencing September 15,
                             2000, at a redemption  price of 100%
                             of  their   principal   amount  plus
                             accrued  and unpaid  interest to the
                             redemption date.


Selling Agent:               Morgan Stanley & Co. Incorporated

Agent's Commission:          2.35%.

Minimum Denomination:        $1,000.

I:\S&F\OCFO\MTNS\SERIES-C.SUB\1995.MTN\MTNCSB11.DOC