Refund: Bond Refinance Screens with Optimization

smartmodel_prodtemp_refundAn integral and time-consuming part of public finance involves analyzing refunding opportunities on a consistent and ongoing basis. SmartModels™ Refund provides proprietary bond screen analysis using up to three refinancing markets with one click of a button. And used with SmartModels™ MarketMaker, evaluate refunding policies - something no other available software can do. Refund users can:  

  • With MarketMaker, test and compare best refunding policies for a given set of bonds.
  • Create up to 60 different charts and graphs including a five dimensional plot showing bond size, coupon, maturity, time to call, and savings! 
  • 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.

Model with the power of SmartModels™ now.