CITIBANK SELLS MARK/AUSTRALIAN DLR WARRANTS

  Citicorp said that on behalf of its
  Citibank N.A. Subsidiary, it is issuing 100,000 naked currency
  warrants priced at 67-1/2 marks each to purchase Australian
  dlrs for marks at a rate of 1.1825 marks per Australian dlr.
      The current rate is 1.2850 marks per Australian dlr. Each
  warrant is for a nominal amount of 1,000 marks and the minimum
  purchase will be for 100 warrants.
      The warrants expire on January 8, 1988. Payment is due on
  April 8 and the warrants will be listed on the Luxembourg Stock
  Exchange.
  

