SHORT-TERM BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2020

SHORT-TERM BORROWINGS

Schedule of commercial paper

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

	March 31,			December 31,
	2020			2019
Commercial paper outstanding, net of discounts	$	164,723		$	252,323
Weighted average interest rate		1.83	%		1.88	%