FINCAD XL supports the special features found in the municipal market including amortization, reset frequencies, and averaging.
Coverage
- basis swaps (eg. BMA vs. LIBOR)
- BMA swaps curve generation
- caps / floors with averaging
- features (BMA Caps)
- cash flow calculations
- fixed vs. floating swaps (eg. BMA vs. Fixed)
- percentage of LIBOR swaps
- serial bond pools
- serial callable bond pools
- swaptions
- variable rate debt
Download a Datasheet on Municipal Bonds (PDF)
Screenshot example of the Function Finder
Screenshot example of a Workbook
