Just your basic panels with a 6" border hem, which is the same fabric used in the valance. The valance is either a cornice or a flat valance mounted on a board. The flat valance would be easier to mount into a bay window. The draped cording would be interesting to add to the valance, especially since it is in a solid fabric.
I really like the idea of framing a piece of wallpaper and hanging it like art, as shown here.