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Debt | 9 Months Ended
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Sep. 30, 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 September 30, 2024 and December 31, 2023 is presented in table 3.1 below.
Long-term debt obligation, carrying value
Table | 3.1 |  |  |  |
(In thousands) |  | September 30, 2024 |  | December 31, 2023
5.25% Notes, due August 2028 (par value: $650 million) |  | $ | 644,299 |  |  | $ | 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 obligation. As of September 30, 2024 we are in compliance with our debt covenants. Interest payments Interest payments for the nine months ended September 30, 2024 and 2023 were $34.1 million and $35.1 million,

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-6 Reference 2: 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