An 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.