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Estrada Hinojosa & Company, Inc. Member FINRA*/SIPC
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Services: Technical Analysis
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Estrada Hinojosa’s analytical capabilities are enhanced by the
use of state-of-the-art computer hardware and software. In addition to
the use of complicated Microsoft Excel spreadsheets, Estrada Hinojosa
utilizes a sophisticated debt modeling software tool called DBC Finance.
With the DBC Finance analytical software package, Estrada
Hinojosa possesses considerable technical capabilities for
calculating competitive and negotiated sales, modeling interest
rate swaps and monitoring refunding opportunities. Recognized
as the most reliable and versatile on the market, DBC Finance
consists of four modules–Debt/Size, Monitor, Refund, and Project
Finance– and provides the following capabilities:
- Provides cash flow models with the flexibility to project tax rate
analysis and user charge requirements based on debt service
installments, revenues, expenses, growth or use factors, interest
earnings and construction fund drawdown schedules.
- Structures bond payment schedules with level principal, level debt
service or level total requirements on a semi-annual or annual basis.
- Calculates an internal rate of return or “True Interest Cost” and
provides present value schedules based on such yields for use in
evaluating bids.
- Performs a comprehensive evaluation of refunding selected bonds,
evaluating multiple refunding and new money transactions and
furnishing complete documentation of complex transfers that take
place.
- Identifies those bonds which based on preliminary analysis would
appear to meet the user’s minimum savings target if they were refunded.
- Structures bond issues with overlapping maturities and multiple
bond types.
Our analytical experience is best applied by combining the
strengths of our professionals involved in (a) trading and
underwriting, (b) quantitative analyses and (c) cash management
services.
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Copyright © 2004-2008 Estrada Hinojosa & Co., Inc. All rights reserved.
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