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Methods, software programs, and systems for managing one or more liabilities

  • US 8,548,901 B1
  • Filed: 03/20/2002
  • Issued: 10/01/2013
  • Est. Priority Date: 11/28/2000
  • Status: Expired due to Term
First Claim
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1. A computer implemented method for structuring a variable rate municipal bond, comprising:

  • setting by a computer a predetermined expected principal amortization period for the variable rate municipal bond;

    setting by a computer a budgeted debt service for the variable rate municipal bond, wherein the budgeted debt service minus a predetermined interest equals an actual principal paid;

    adjusting by a computer the predetermined expected principal amortization period to the extent that the actual principal remains to be paid; and

    setting by a computer the budgeted debt service based on a savings versus debt service associated with a fixed interest rate on a bond which is similarly structured to the variable rate municipal bond.

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