SHORT-TERM BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2018

SHORT-TERM BORROWINGS

Schedule of commercial paper

Commercial paper consisted of the following (dollars in thousands):

	March 31,			December 31,
	2018			2017
Commercial paper outstanding, net of discounts	$	189,335		$	144,667
Weighted average interest rate		1.95	%		1.52	%