Debt

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Debt

Debt

Debt obligations

The aggregate carrying value of our 5.25% Senior Notes (5.25% Notes) and the par value as of March 31, 2024 and December 31, 2023 is presented in table 3.1 below.

Long-term debt obligation, carrying value
Table	3.1
(In thousands)		March 31, 2024		December 31, 2023
5.25% Notes, due August 2028 (par value: $650 million)		$	643,563	$	643,196

The 5.25% Notes are an obligation of our holding company, MGIC Investment Corporation.

See Note 7 - “Debt” in our Annual Report on Form 10-K for the year ended December 31, 2023 for additional information pertaining to our debt obligations. As of March 31, 2024 we are in compliance with our debt covenants.

Interest payments

Interest payments for the three months ended March 31, 2024 and 2023 were $17.1 million.