On 1/4/2015 Al Masaa company issued 1000 bonds the par value per bonds 50$, bonds bearing interest 11% is payable each July 12015 & 31/ March 1 2016. The bonds mature Dec. 2019. The interest expense at July 1 2015 wold be: On 1/4/2015 Al Masaa company issued 1000 bonds the par value per bonds 50$, bonds bearing interest 11% is payable each July 12015 & 31/ March 1 2016. The bonds mature Dec. 2019. The interest expense at July 1 2015 wold be