A TIPS Is Quoted at 101:17

A TIPS is quoted at 101:17. How should this quote be interpreted in relation to a $1,000 face value bond?

A) The current yield on this security is 1.17 percent.
B) The bond is currently selling at the discounted price of $101.17.
C) The bond will mature at a price equal to 101.17 percent of $1,000.
D) A $1,000 bond is currently selling for 101 and 17/32^nds percent of $1,000.
E) A $1,000 bond will mature at a price equal to 101 and 17/32^nds percent of $1,000.