24/09/2020 Euro area Central Government Bond Yield Rates Time to Maturity U.S. Treasury Bond Yield Rates 0.08% 0.10% 0.11% 0.12% 0.14% 0.16% 1 Mo 3 Mo 6 Mo 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 7 Yr 10 Yr 20 Yr 30 Yr -0.60% -0.62% -0.66% -0.71% -0.74% -0.74% -0.72% -0.63% -0.49% -0.17% -0.05% 0.27% 0.46% 0.67% 1.19% 1.40% Calculate the market price of each bond on 24th September 2020 that issued by North Polar Ltd., a European company specialises in manufacturing semiconductors, using the yield curve data provided in the table above. What is the current total value of minimum application? Corporate Bonds Fact Sheet Issuer North Polar Ltd. Issuing date 24th September 2020 Bond expiration date 24th September 2025 Face value 1000 per bond. Minimum application 50 Bonds ( 50,000) Interest rate Floating Interest Rate. The Interest Rate is the sum of the Market Rate plus the Margin. Coupon rate (annual) Central Government Bond Yield + 1.86% p.a. Coupon payment Annually (coupon payment is paid on 10th July every year) Market Yield 4.5%