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 December 5, 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.

      Interest  rates  offered by Citicorp  with respect to the Notes may differ
depending  upon,  among other things,  the aggregate  principal  amount of Notes
purchased in any single transaction.


 
 
SUMMARY OF TERMS: 
                            


Title of Notes:             6.50% Subordinated Fixed-Rate Notes Due December 1,
                            2010 (the "Notes").
Aggregate
Principal Amount:             $25,000,000.00.

Price to Public:              100%.

Issue Date:                   December 8, 1995.

Stated Maturity:              December 1, 2010.

Interest Rate:                6.50% per annum.

Interest Payment Dates:       Semi-annually on February 15th and August 15th,
                              commencing on February 15, 1996, and  at  Stated
                              Maturity.

Regular                       Record Dates:  The first day of the month in which
                              each  Interest  Payment Date occurs except for the
                              Stated  Maturity which shall be fifteen days prior
                              to such date.

Sinking Fund:                 None.

Redemption:                   The Notes are not subject to redemption.

Selling Agent:                Bear, Stearns & Co. Inc.


Agent's Commission:           .343%.

Minimum Denomination:         $1,000.