SLM CORP | 2013 | FY | 3


The following table summarizes activity related to our senior unsecured debt and asset-backed securities (“ABS”) repurchases. “Gains on debt repurchases” is shown net of hedging-related gains and losses.

 

     Years Ended December 31,  

(Dollars in millions)

   2013      2012      2011  

Debt principal repurchased

   $ 1,279       $ 711       $ 894   

Gains on debt repurchases

     42         145         38   


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