Micro-Muni Control
Micro-Muni Control Software - $1,500
MICRO-MUNI Ò Control is a software package specifically designed to assist bond underwriters and financial consultants in structuring and/or verifying the cash flows associated with "Advanced Refundings". MICRO-MUNI Ò CONTROL utilizes and directly interfaces with our MICRO-MUNI Ò DEBT, MICRO-MUNI Ò REFUND, and MICRO-MUNI Ò SIZING software packages. Before using MICRO-MUNI Ò CONTROL you must have previously installed our MICRO-MUNI Ò DEBT, MICRO-MUNI Ò REFUND, and MICRO-MUNI Ò SIZING software packages. The following summarizes some of the features offered by MICRO-MUNI Ò CONTROL:
- MICRO-MUNI Ò CONTROL operates on microcomputers, under a DOS environment, and utilizes the initial 640K area of conventional memory (540K of free space is recommended). All MICRO-MUNI Ò CONTROL program files can be copied directly to your hard disk and utilize approximately 2 million bytes of storage space.
- MICRO-MUNI Ò CONTROL is a MENU driven system, often with several options available under one command. For example the INPUT command allows you to enter data for either the old bonds, new bonds, or escrow securities. Data entry screens simplify input and provide immediate validation of data entry items (e.g. valid maturity dates).
- All dates are processed and saved in your data files as four (4) digit years, two (2) digit months, and two (2) digit days (e.g. the year 1/15/2001 is saved as 20010115). MICRO-MUNI Ò CONTROL will accept valid input years well into the next millenium (years up to the year 3000 if your are still around).
- Up to 512 Bond debt service repayment dates can be utilized. Bond principal and/or interest can be monthly, quarterly, semi-annual or annual.
- Multiple Bond Types can be entered for each bond issue. The bond types are: Standard (Current Interest Bonds), CABS (Capital Appreciation Bonds), Notes, 4) Term Bonds and 5) Term CAB (Term Capital Appreciation Bonds).
- MICRO-MUNI Ò CONTROL is an auto-refunding software product that simplifies Advanced Refunding structuring and verifications by automatically interfacing with MICRO-MUNI Ò DEBT, MICRO-MUNI Ò REFUND, and MICRO-MUNI Ò SIZING to call the old bonds, structure the escrow of securities, and determining the size of the new bond issue.
- You can perform a Net Refunding or Crossover Refunding solution. New bond issue solutions allow you to structure the bonds based on the type of savings you desire. The bond solutions available are: EQUAL (equal principal per year), DEFERRED (deferred savings), UPFRONT (front loaded savings), PROPORTIONAL (proportional savings based on prior debt service), LEVEL DEBT SERVICE (new bonds provide a level debt service per fiscal year) , and MAXIMUM DEBT SERIVCE (fill with the maximum amount of bonds possible).
The cost of one copy of our MICRO-MUNI CONTROL software product is $1,500. However, Micro-Muni Control requires Micro-Muni Debt, Micro-Muni Refund and Micro-Muni Sizing, and is available at a bundled price when purchased together.
Prices are subject to change.
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