			March 31,		December 31,
Series	Due		2015		2014
			(In Thousands)
IPL first mortgage bonds (see below):
4.90% (1)	January 2016		30,000		30,000
4.90% (1)	January 2016		41,850		41,850
4.90% (1)	January 2016		60,000		60,000
5.40% (2)	August 2017		24,650		24,650
3.875% (1)	August 2021		55,000		55,000
3.875% (1)	August 2021		40,000		40,000
4.55% (1)	December 2024		40,000		40,000
6.60%	January 2034		100,000		100,000
6.05%	October 2036		158,800		158,800
6.60%	June 2037		165,000		165,000
4.875%	November 2041		140,000		140,000
4.65%	June 2043		170,000		170,000
4.50%	June 2044		130,000		130,000
Unamortized discount – net			(2,920)		(2,940)
Total IPL first mortgage bonds			1,152,380		1,152,360
Total Long-term Debt – IPL			1,152,380		1,152,360
Long-term Debt – IPALCO:
7.25% Senior Secured Notes	April 2016		400,000		400,000
5.00% Senior Secured Notes	May 2018		400,000		400,000
Unamortized discount – net			(1,103)		(1,347)
Total Long-term Debt – IPALCO			798,897		798,653
Total Consolidated IPALCO Long-term Debt			1,951,277		1,951,013
Less: Current Portion of Long-term Debt			131,850		—
Net Consolidated IPALCO Long-term Debt		$	1,819,427	$	1,951,013

⁽¹⁾

First mortgage bonds are issued to the Indiana Finance Authority, to secure the loan of proceeds from the tax-exempt bonds issued by the Indiana Finance Authority.

⁽²⁾

First mortgage bonds are issued to the city of Petersburg, Indiana, to secure the loan proceeds from various tax-exempt instruments issued by the city.