Debt Outstanding |
Total debt outstanding at June 30, 2020, and September 30, 2019, consisted of the following: | | | | | | | | | | | | Debt Outstanding
(in millions) | | | | | At June 30, 2020 | | At September 30, 2019 | Short-term debt | | | | Short-term debt, net | $ | 777 | | | $ | 922 | | Current maturities of power bonds issued at par(1) | 1,917 | | | 1,030 | | Current maturities of long-term debt of VIEs issued at par | 40 | | | 39 | | Current maturities of notes payable | — | | | 23 | | Total current debt outstanding, net | 2,734 | | | 2,014 | | Long-term debt | | | | Long-term power bonds(2) | 18,057 | | | 19,225 | | Long-term debt of VIEs, net | 1,069 | | | 1,089 | | | | | | Unamortized discounts, premiums, issue costs, and other | (125) | | | (131) | | Total long-term debt, net | 19,001 | | | 20,183 | | Total debt outstanding | $ | 21,735 | | | $ | 22,197 | |
Notes (1) Includes net exchange gain from currency transactions of $83 million at June 30, 2020. There were no such amounts at September 30, 2019. (2) Includes net exchange gain from currency transactions of $101 million and $191 million at June 30, 2020, and September 30, 2019, respec
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Debt Securities Activity |
The table below summarizes the long-term debt securities activity for the period from October 1, 2019, to June 30, 2020: | | | | | | | | | | | | | | | | | | | | | Debt Securities Activity | | | | | | | | | Date | | Amount (in millions) | | Interest Rate | Issues(1) | | | | | | | 2020 Series A Power Bonds | | May 2020 | | $ | 1,000 | | | 0.75 | % | | | | | | | | Discount on debt issues | | | | (3) | | | | Total long-term debt issues | | | | $ | 997 | | | | | | | | | | | Redemptions/Maturities(2) | | | | | | | electronotes® | | First Quarter 2020 | | $ | 217 | | | 3.33 | % | electronotes® | | Third Quarter 2020 | | 1 | | | 2.65 | % | | | | | | | | | | | | | | | | | | | | | | 2009 Series B | | December 2019 | | 1 | | | 3.77 | % | | | | | | | | 2018 Series A | | March 2020 | | 1,000 | | | 2.25 | % | 1999 Series A PARRS (TVE) | | May 2020 | | 23 | | | 3.36 | % | 1998 Series D PARRS (TVC) | | June 2020 | | 17 | | | 3.55 | % | 2009 Series B | | June 2020 | | 27 | | | 3.77 | % | Total redemptions/maturities of power bonds | | | | 1,286 | | | | Notes payable | | | | 23 | | | 1.64 | % | Debt of variable interest entities | | | | 20 | | | 4.32 | % | Total redemptions/maturities of debt | | | | $ | 1,329 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Notes (1) The 2020 Series A Power Bonds were issued at 99.7 percent of par. (2) All redemptions were at 100 percent of par.
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