From Munex.com Announcements The advance refunding optimization capabilities of Munex have been the industry standard since 1987. Designed to select the maturities to refund that best fit the specific requirements of the deal, Munex can size and structure an advance refunding issue based on present value savings goals, limits on bond size, desired periodic debt service targets and other variables. We have recently completed a thorough revision of our refunding optimization algorithms to improve their performance in today's market environment. |