24 You own $12 mil Par Amount of a UST 3X 30yr bond. Using current market conditions in the Appendix, what is the band's price (to three decimal places)? 25 You own $12 mil Par Amount of a UST 3X 30yr bond. Using current market conditions in the Appendix, what is the value of your holdings (in millions, to two decimal places)? TH Appendix: Market Data UST Yield Curve SON AAA Credit Spreads In Bps, for Rating & Maturity 3yr Syr 7yr 10yr 30yr 5 10 15 20 25 15 20 25 30 35 35 45 50 55 65 70 75 80 85 AA 40 A BBB 2.0 Credit Spreads are quoted in bps Remember: a bps is 1/100th of 1% For example, 25 bps = 0.25% 9 10 30 TAT 2 SCORE2060 2009 2.X20% 3.020 3100 3160N 2.2004 5:220732209 3:220% Maturity Years