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% 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, an S&P 100 Stock Index 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 7.4 million electric customers located in six states. 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.