PremierNotes® investments pay a competitive floating rate of interest that is determined at the direction of the Duke Energy PremierNotes Committee on a weekly basis, with rates effective each Monday. Rates will always be at least 0.25 percent greater than the average rate of taxable U.S. money-market mutual funds, as published weekly in Money Fund Report®, a service of iMoneyNet, Inc.
Yield reflects the annual rate of return on your investment. It assumes that interest is accrued daily and posted monthly, and that there are no additional investments or redemptions.
An investment as strong as Duke Energy
Your PremierNotes investment is backed by the strength and stability of Duke Energy Corporation, a Fortune 500 company traded on the New York Stock Exchange. With a proud history of more than 100 years of service, Duke Energy is today one of the largest electric power holding companies in the United States, serving approximately four million residential and business customers. Duke Energy has paid a cash dividend on its common stock since 1926 and has posted a long history of consistent earnings. Through PremierNotes, you can benefit from this proven, long term financial strength and stability, while earning a higher return on your short-term investments.
|$10,000 to $49,999||1.15%||1.16%|
|$50K and over||1.25%||1.26%|
|Rates effective April 14, 2014|
800.659.3853 or email us
Duke Energy PremierNotes earn interest at a floating rate per annum equal to the most recent seven-day average yield (non-compounded) for taxable money funds as reported weekly in the iMoneyNet Money Fund Average,™ plus at least 1/4 percent. Interest is compounded daily and posted to your investment monthly. Investors are encouraged to carefully read the program prospectus and seek professional advice from a financial advisor when considering participation in the PremierNotes program. Interest income is subject to federal and applicable state and local taxes. Overdraft and other fees may apply, as outlined in the program prospectus.
An investment in PremierNotes allows individuals and institutions to benefit from the financial strength of Duke Energy Corporation. PremierNotes are not money market accounts, which are typically diversified funds consisting of short-term debt securities of many issuers, and therefore do not meet the diversification and investment quality standards set forth for money market funds by the Investment Company Act of 1940. Instead, PremierNotes are variable denomination, floating rate demand notes that are unsecured debt obligations of Duke Energy Corporation and are backed only by the assets of Duke Energy Corporation. Your investment in PremierNotes is not equivalent to a deposit or other bank account and is not guaranteed, insured, or subject to the protection of the Federal Deposit Insurance Corporation.
Duke Energy Corporation has filed a registration statement (including a prospectus) with the United States Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus that is included in that registration statement, as well as the other documents that Duke Energy Corporation has filed with the SEC, for more complete information about Duke Energy Corporation and this offering. You may get these documents for free by visiting the SEC website at www.sec.gov or by downloading them from the Duke Energy PremierNotes website. Alternatively, Duke Energy Corporation will arrange to send you a prospectus if you request it by calling toll free at 800-659-DUKE (3853).