Subsequent Events

6 Months Ended

Jun. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Note 15 Subsequent Events

On July 18, 2016, we announced the redemption on August 22, 2016 of all of the outstanding Senior Notes due September 19, 2016 issued by PNC Funding Corp in the amount of $1.25 billion. The securities have a distribution rate of 2.70%. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date.

On July 29, 2016, PNC Bank issued $1.0 billion of senior notes with a maturity date of July 29, 2019.  Interest is payable semi-annually at a fixed rate of 1.450%, beginning on January 29, 2017.