Minneapolis-based U.S. Bancorp on April 15 will redeem all of its outstanding 1.65% series T medium-term senior notes due May 15, 2017.

The company issued $1.25 billion of the notes in 2012. They will be redeemed at $1,000 for each $1,000 of notes, plus any accrued and unpaid interest.

Payment will be made through the facilities of The Depository Trust Co.