Refunding Webinar Series
In this popular 3-part webinar series, Intuitive Analytics addresses the following:
- Historical views of refunding (looking at 50 years of data) - which policies persevere?
- The problem with most refunding models, and how it's costing your business
- New breakthroughs in refunding policies
Just click on any of the video screens down below to watch these webinars on-demand.
50 Years of Refunding: Which Policies Persevere?
This webinar will help you:- Visualize 5 common refunding policies' performance over 50 years of rate history
- See which polices perform in both easing and tightening monetary environments
- Learn the 4 characteristics of good refunding policies
- Explore the impact of refunding policies on refunding generations
- Learn what savings really is
Understanding the Refunding Problem: What You Don't Know IS Costing You
In this webinar, Peter Orr explains the challenges presented by using standard option models for evaluating the municipal refunding decision and offers a powerful new alternative that provides the ability to directly evaluate the success of refunding policies.
New Breakthroughs: Measurably Better Refunding Policies
In this webinar, we In this webinar we:- Review results from the first two Refunding Webinars
- Using only a relevant historical period, calculate expected present value (EPV) savings from any refunding policy
- Estimate losses from removal of advance refundability
- Compare refunding policies for bonds of varying coupons, maturities, and call dates
- Learn how to calculate 1st generation (EPV1) and 2nd generation (EPV2) refunding savings
- See a refunding policy that dominates in all tested market scenarios
- For issuers and investors, learn how to compute real-world probabilities of refunding