CorporateNotes ProgramSM
CorporateNotes ProgramSM makes available fixed-rate senior and subordinated, unsecured obligations of a variety of independent issuers. They offer a variety of maturities and structures each week. Maturities range from 9 months to 30 years for both callable and non-callable securities. CorporateNotes may be purchased in principal amounts as low as $1,000 and in increments of $1,000.
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As of March 16, 2005, General Motors Acceptance Corporation has been put on negative credit watch by Moody's.
 
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 CorporateNotes ProgramSM
Product Name Product Description
InterNotes
American General Finance Corp. IncomeNotes
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The IncomeNotes program is designed to provide individual investors original-issue American General Finance Corp. bonds. The bonds are direct, unsecured and unsubordinated obligations of AGFC and will rank equally with all other unsecured and unsubordinated debt of AGFC.
Caterpillar FSC PowerNotes®
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The PowerNotes® program is designed to provide individual investors original-issue Caterpillar bonds. The bonds are direct, unsecured and unsubordinated obligations and will rank equally with all other unsecured and unsubordinated obligations of Caterpillar Financial.
FreddieMac FreddieNotesSM
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The FreddieNotesSM program is designed to provide individual investors original-issue bonds. The bonds are unsecured general obligations having the same priority as all other unsecured and unsubordinated debt and ranking senior to any subordinated debt.
International Lease Finance Corporation Notes
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The ILFC Notes program is designed to provide individual investors original-issue International Lease Finance Corporation bonds. The bonds are direct, unsecured and unsubordinated obligations of ILFC and will rank equally with all other unsecured and unsubordinated debt of ILFC.
John Hancock SignatureNotes®
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The SignatureNotes® program is designed to provide individual investors original-issue John Hancock bonds. The bonds are direct, unsecured and unsubordinated obligations and will rank equally with all other unsecured and unsubordinated debt of John Hancock.
SLM Corp. EdNotesSM
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The SLM Corp. EdNotesSM program is designed to provide individual investors with original-issue SLM Corp. bonds. SLM Corporation is an affiliate of Sallie Mae (the Student Loan Marketing Association), but its securities are separately issued with a different credit rating and backing. It provides financing and services to the United States higher education credit market through Sallie Mae. SLM Corp. securities do not provide the same tax benefits as Sallie Mae securities. The bonds are direct, unsubordinated and unsecured obligations of SLM Corp. SLM Corp. does not contain the survivor option.
Tennessee Valley Authority TVA electronotes®
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The Tennessee Valley Authority (TVA) electronotes® program is designed to provide individual investors original-issue bonds. TVA is issuing senior unsecured debt on a bi-weekly basis.
UPSNotes
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The UPSNotes program is designed to provide individual investors original-issue UPS bonds. The bonds are senior obligations ranking equally with all other unsecured, unsubordinated debt of UPS.
Bank of America InterNotes®
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The Bank of America InterNotes® program is designed to provide individual investors original-issue Bank of America Corporation ("Bank of America") bonds. Bank of America is issuing direct unsecured obligations of either senior unsecured or subordinated debt. Senior bonds rank equally with other unsecured senior debt and subordinated notes rank equally with other unsecured subordinated indebtedness and junior in right of payment to the senior debt of Bank of America.

These notes are not deposits or savings accounts but are unsecured debt obligations of Bank of America Corporation. The notes are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality.
Boeing Capital InterNotes®
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The Boeing Capital InterNotes® program is designed to provide individual investors original-issue Boeing Capital bonds. The bonds are direct, unsecured, and unsubordinated obligations and will rank equally with all other unsecured and unsubordinated debt of Boeing Capital.
CFC InterNotes®
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The National Rural Utilities Cooperative Finance Corporation program is designed to provide investors with original issue CFC bonds. CFC offers direct, senior, unsecured debt, the bonds will rank equally with other existing and future unsecured senior debt of CFC.
CIT Group Inc. InterNotes®
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The CIT Group Inc. InterNotes® program is designed to provide individual investors with original-issue CIT Group Inc. bonds. CIT offers direct, senior and unsecured debt. The bonds will rank equally with other existing and future unsecured senior debt of CIT Group Inc.
GE Capital Corp. InterNotes®
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The GE Capital Corp. InterNotes® program is designed to provide individual investors with original-issue GE Capital Corp. bonds. The bonds are direct, unsubordinated and unsecured obligations of GE Capital Corp.
HSBC Finance InterNotes®
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The HSBC Finance InterNotes® program is designed to provide investors with original issue HSBC Finance Corp. bonds. HSBC Finance Corp. offers direct, senior, unsecured debt, the bonds will rank equally with all of their other existing and future unsecured senior debt.
Prudential Financial, Inc. InterNotes®
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The Prudential Financial InterNotes® program is designed to provide investors with original issue Prudential Financial bonds. Prudential Financial offers direct, senior, unsecured and unsubordinated debt, the bonds will rank equally with other unsecured and unsubordinated senior debt of Prudential Financial.
Merrill Lynch Retail Notes
Bank of New York CoreNotes®
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The Bank of New York CoreNotes® program is designed to provide individual investors original-issue Bank of New York Company Inc. ("Bank of New York") bonds. Bank of New York is issuing direct unsecured obligations and offering both senior unsecured debt and senior subordinated debt. Senior bonds rank equally with other unsecured senior debt and subordinated notes rank equally with other unsecured subordinated debt.

These notes are not deposits or savings accounts but are unsecured debt obligations of Bank of New York Company, Inc. The notes are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality.
Merrill Lynch CoreNotes®
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Merrill Lynch CoreNotes® are part of the Merrill Lynch Retail Notes Program and are designed to provide individual investors original-issue Merrill Lynch & Co. bonds. The bonds are senior, unsecured and unsubordinated obligations of Merrill Lynch & Co. and will rate equally with all other unsecured and unsubordinated debt of Merrill Lynch.
Wells Fargo & Company CoreNotes
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The Wells Fargo & Company CoreNotes program is designed to provide individual investors original-issue Wells Fargo & Company ("Wells Fargo") bonds. Wells Fargo is issuing direct unsecured obligations of either senior unsecured or subordinated unsecured debt. Senior bonds rank equally with other unsecured and unsubordinated senior debt and subordinated notes rank equally with other unsecured subordinated indebtedness and are junior in right of payment to the senior debt of Wells Fargo & Company. These notes are not deposits or savings accounts but are unsecured debt obligations of Wells Fargo & Company. The notes are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality.
Citigroup Global Markets Holdings, Inc.
Citigroup Notes
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The Citigroup Notes program is designed to provide individual investors original-issue Citigroup Global Markets Holdings, Inc., “Citigroup” bonds. Citigroup Notes are direct, unsecured and unsubordinated obligations. The notes will rank on an equal basis with all of Citigroup’s other unsecured debt other than subordinated debt.

These notes are not deposits or savings accounts but are unsecured debt obligations of Citigroup Global Markets Holdings Inc. The notes are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality.