Spanish to English Bus/Financial Explanatory Note - Bank's Financial Statement

Please confirm that I have the right idea in this sentence.

Dichos Títulos Públicos se encuentras valuados a cotización neto de descuentos, más los intereses devengados a cobrar. Los descuentos se amortizan en función del tiempo hasta el vencimiento de los mismos"
Said Government Securities have been estimated at their discounted net price, plus the accrued interest to be paid. The discounted prices are depreciated over time until their maturity date.