Municipal Finance Structuring and Reporting
DBC Finance is the industry standard for sizing and structuring municipal bond issues.
DBC Finance sizes and structures bond issues, calculates debt service, performs refunding analyses, and is backed by the best support team in the business. DBC’s newest module, PDO (Prior Debt Optimizer), simultaneously determines the optimal combination of bonds to be refunded, the portfolio of escrow securities, and the refunding bond structure.
This is the bond structure and sizing module, which calculates the amount of bonds needed to be issued for new money funding projects, including construction and asset acquisition.
Allows the user to select the bond series and maturities to be refunded, create the proposed refunding bond and identify escrow securities while staying within the limitations set forth by the regulations of the United States Department of Treasury.
Evaluates and ranks refunding candidates based on the present value of the savings. Candidates that have met the minimum selection criteria may be transferred to the Refund module for more in-depth savings analysis.
Designed to model financing structures that have a variety of simultaneous financial objectives, including interdependent new money sizing and advance refunding problems.
Prior Debt Optimizer
PDO (Prior Debt Optimizer) is a new module which can simultaneously determine the optimal combination of bonds to be refunded, the portfolio of escrow securities, and the refunding bond structure.