SHORT-TERM BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2019

SHORT-TERM BORROWINGS

Schedule of commercial paper

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

	September 30,			December 31,
	2019			2018
Commercial paper outstanding, net of discounts	$	227,182		$	204,145
Weighted average interest rate		2.21	%		2.65	%