Bank of America 2007 Annual Report Download - page 107

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Table IX Short-term Borrowings
2007 2006 2005
(Dollars in millions) Amount Rate Amount Rate Amount Rate
Federal funds purchased
At December 31
$ 14,187 4.15%
$ 12,232 5.35% $ 2,715 4.06%
Average during year
7,595 4.84
5,292 5.11 3,670 3.09
Maximum month-end balance during year
14,187 –
12,232 – 5,964 –
Securities sold under agreements to repurchase
At December 31
207,248 4.63
205,295 4.94 237,940 4.26
Average during year
245,886 5.21
281,611 4.66 227,081 3.62
Maximum month-end balance during year
277,196 –
312,955 – 273,544 –
Commercial paper
At December 31
55,596 4.85
41,223 5.34 24,968 4.21
Average during year
57,712 5.03
33,942 5.15 26,335 3.22
Maximum month-end balance during year
69,367 –
42,511 – 31,380 –
Other short-term borrowings
At December 31
135,493 4.95
100,077 5.43 91,301 4.58
Average during year
113,621 5.18
90,287 5.21 69,322 3.51
Maximum month-end balance during year
142,047
– 104,555 – 91,301 –
Bank of America 2007
105