Quarterly report pursuant to Section 13 or 15(d)

Other Long Term Debt

Other Long Term Debt
3 Months Ended
Mar. 31, 2014
Long-term Debt, Current and Noncurrent [Abstract]  
Long-term Debt [Text Block]

8. Other Long-Term Debt


In February 2014, the Bank issued $500.0 million of senior notes at 99.842% of face value. The senior bank note issuances mature on April 1, 2019 and have a fixed coupon rate of 2.20%. The senior note issuance may be redeemed one month prior to the maturity date at 100% of principal plus accrued and unpaid interest.