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5 Financial liabilities

In CHF million   30.09.2016   31.12.2015
Bank loans   230   746
Debenture bonds   630   45
Private placements   202   350
Finance lease liabilities   17   16
Other financial liabilities   20   38
Total current financial liabilities   1,099   1,195
Bank loans   547   610
Debenture bonds   5,341   5,385
Private placements   911   581
Finance lease liabilities   496   510
Other financial liabilities   404   312
Total non-current financial liabilities   7,699   7,398
Total financial liabilities   8,798   8,593

In the first nine months of 2016, Swisscom issued two debenture bonds with a nominal amount of CHF 500 million: CHF 200 million with a coupon of 0.375% and maturity in 2028, and CHF 300 million with a coupon of 0.125% and maturity in 2032. The funds raised were used to repay existing debts. In addition, a private placement for CHF 150 million that fell due in the first quarter was extended by 15 years at a fixed interest rate of 0.56%.