Refund: Bond Refinance Screens with Optimization

An integral part of public finance is evaluating refinancing opportunities on an ongoing basis. Refund provides flexible bond screen analysis using up to three financing markets. The user can and includes market access constraints.  

• Use State and Local Government Securities (SLGS) rates from Treasury Direct for per bond escrow cost estimates 
• Specify explicit market capacity constraints for new refinancings and solve the resulting optimum use problem
• Extensive summary results and per bond data reports sorted by percent savings, dollar savings   
• Import bond data directly from Stage I analysis