Patent ID: 8442899

Claim:
A processor-implemented bond maintenance method, the method comprising: accessing, via a processor, a data record associated with an extensible bond from an issuer to an investor in exchange for value, wherein the data record associated with the extensible bond includes (i) a spread to a pre-determined index, (ii) a nominal maturity date, (iii) a current mandatory tender date prior to the nominal maturity date, (iv) a decision period, and (v) an option for the investor to extend the current mandatory tender date during the decision period; automatically stepping up, via the processor, the spread to the pre-determined index prior to the decision period, said stepping up the spread resulting in a stepped up spread; receiving a first indication that the investor will not extend the current mandatory tender date associated with the extensible bond at the stepped up spread; and automatically attempting to re-market the extensible bond to a potential substitute investor during a re-marketing period if the investor will not extend the current mandatory tender date at the stepped up spread.