Patent ID: 7890392
Filing Date: 2011-02-15
Classification: G06Q

Abstract:
1. A method implemented by a programmed computer system, comprising: receiving with a computer system data regarding a bond to be issued by a bond issuer, wherein the bond is associated with a revenue stream, and wherein the received data includes a legal maturity date for the bond, an accelerated repayment date that precedes the legal maturity date, and a revenue rate expected to be generated by the revenue stream by the accelerated repayment date; calculating with the computer system the amount of the bond to be issued such that the revenue rate expected by the accelerated repayment date is sufficient to repay the bond by the accelerated repayment date and the amount of the bond to be issued also satisfies a first coverage ratio associated with repayment of the bond by the accelerated repayment date, wherein the first coverage ratio is (i) lower than a second coverage ratio associated with repayment of the bond solely by the legal maturity date, and (ii) greater than 1 and up to 1.2, and wherein the payment of the bond is at a deferral date as late as the legal maturity date to the extent that the repayment of the bond cannot be met by the accelerated repayment date due to the failure of the revenue stream to generate the revenue rate expected, and wherein the deferral is based at least in part upon the data regarding the legal maturity date and the revenue stream; and instructing an issuance of the bond based on the calculated amount to be issued.