Bonds were issued with a stated rate of 3% when the market rate was 4% - the bonds were issued at . Bonds were issued with a stated rate of 4% when the market rate was 4% - the bonds were issued at . Bonds were issued with a stated rate of 3% when the market rate was 2% - the bonds were issued at . Bonds were issued at 87.5 - the bonds were issued at . Bonds were issued at 103 - the bonds were issued at . Bonds were issued at 100 - the bonds were issued at