Panel A: Basic Bond Issue Characteristics
Bond Series	A	B	C	D	Total
Face Value	$1,000,000	$1,000,000	$1,000,000	$1,000,000
Coupon Rate	3.0%	3.1%	3.2%	3.3%
Maturity (years)	1	2	3	4
Panel B: Semiannual Interest Payments and Total Debt Service
		Coupon interest payment ($$)
Semiannual period	Series A	Series B	Series C	Series D	Total interest	Total debt service
1
2
3
4
5
6
7
8
Total
Panel C: TIC and TIC
PAR
Disou

Assignment 4 Debt Analysis

Panel A table shows the basic bond insurance characteristics of a government. Please analyze the governments total interest payment schedule and total debt service schedule. Then, fill the answer to each question cell in the Panel B table.

• Note: You can fill the Panel B table (remove [ ] and type the amount)
• Data is also presented in the Assignment 4 Excel file. Feel free to use the Excel file to calculate coupon interest payment, total interest schedule, and total debt service schedule.

Panel A: Basic Bond Issue Characteristics
Bond Series	A	B	C	D
Face Value	$1,000,000	$1,000,000	$1,000,000	$1,000,000
Coupon Rate	3.0%	3.1%	3.2%	3.3%
Maturity (years)	1	2	3	4

Question 1: total interest in semiannual period 1

Question 2: total interest in semiannual period 2

Question 3: total interest in semiannual period 3

Question 4: total interest in semiannual period 4

Question 5: total interest in semiannual period 5

Question 6: total interest in semiannual period 6

Question 7: total interest in semiannual period 7

Question 8: total interest in semiannual period 8

Question 9: total interest for the sum of the 8 periods

Question 10: total debt service in semiannual period 1

Question 11: total debt service in semiannual period 2

Question 12: total debt service in semiannual period 3

Question 13: total debt service in semiannual period 4

Question 14: total debt service in semiannual period 5

Question 15: total debt service in semiannual period 6

Question 16: total debt service in semiannual period 7

Question 17: total debt service in semiannual period 8

Question 18: total debt service for the sum of the 8 periods