|
A |
B |
C |
D |
E |
F |
G |
H |
I |
J |
K |
L |
|
1 |
|
BondBeagle |
|
|
2 |
|
|
|
|
3 |
|
|
|
|
4 |
|
conheady@telfer.uottawa.ca |
|
|
5 |
|
|
|
|
6 |
|
bondterrier.com |
and |
bondlabrador.com |
|
|
7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
|
BondBeagle deals with: |
|
|
|
|
|
|
9 |
|
|
|
|
10 |
|
· Issuance on or between interest payment dates. |
|
|
11 |
|
· Retirement on or between interest payment dates. |
|
|
12 |
|
· Straight-line or effective-interest-rate amortization of discount/premium. |
|
|
13 |
|
|
|
|
14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
15 |
|
What BondBeagle does: |
|
|
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
|
|
|
|
19 |
|
**Journal entries and accompanying explanations generated: |
|
|
20 |
|
1: On the date of issuance. |
|
|
|
21 |
|
|
|
|
22 |
|
3: On the date of retirement. |
|
|
23 |
|
|
|
|
24 |
|
5: On the date of maturity. |
|
|
|
25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
26 |
|
BondBeagle does not deal with: |
|
|
|
|
27 |
|
|
|
|
28 |
|
see BondTerrier at |
bomode.telfer.uottawa.ca/BondTerrier |
|
|
|
|
29 |
|
|
|
|
30 |
|
see BondLabrador at |
bomode.telfer.uottawa.ca/BondLabrador |
|
|
|
|
31 |
|
· Defeasance. |
|
|
|
|
|
|
|
|
32 |
|
· Serial bonds. |
bomode.telfer.uottawa.ca/tdr/tdr_sheet.aspx |
|
|
|
|
33 |
|
· Troubled debt restructuring. |
|
|
|
|
|
|
|
|
|
35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
36 |
|
BondBeagle's constraints: |
|
|
|
|
37 |
|
· 1, 2 or 4 interest payments per year. |
|
|
38 |
|
· Assumes straight-line amortization of bond issuance costs. |
|
|
39 |
|
· The stated (coupon) interest rate must be >=0%. |
|
|
40 |
|
· Interest payment anniversary dates occur on the first or last day of the month. |
|
|
41 |
|
· Percent of bonds retired: 0% to 100%. |
|
|
42 |
|
· Retirement or call price as a % of face value must be > 0%. |
|
|
43 |
|
· Maximum of one retirement or call event during the bond's life-cycle. |
|
|
44 |
|
· Does not consider the value to the issuer of a bond's call feature. |
|
|
45 |
|
· Number of decimal places for the present value calculations: 3, 4, 5, 6, 7 or 8. |
|
|
46 |
|
|
|
|
47 |
|
· The amortization table displays a maximum of 40 interest payment periods. |
|
|
48 |
|
· The amortization table is not generated for situations where all of the following conditions exist: |
|
|
49 |
|
|
(i) the effective interest rate method is used for bond premium/discount amortization, and |
|
|
50 |
|
|
(ii) the effective interest rate (yield) is not provided in the INPUT worksheet, and |
|
|
51 |
|
|
(iii) the date of issuance is between interest payment dates. |
|
|
|
|
|
|
52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
53 |
|
BondBeagle |
Copyright (c) Brian Conheady. All Rights Reserved. |
|
|
|
54 |
|
|
|
|
|
|
|
|
|
|
|
|
|
55 |
|
|
|
|
|
|
|
|
|
|
|
|
|
56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
57 |
|
|
|
|
|
|
|
|
|
|
|
|
|
58 |
|
|
|
|
|
|
|
|
|
|
|
|
|
59 |
|
|
|
|
|
|
|
|
|
|
|
|
|
60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
62 |
|
|
|
|
|
|
|
|
|
|
|
|
|
63 |
|
|
|
|
|
|
|
|
|
|
|
|
|
64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
65 |
|
|
|
|
|
|
|
|
|
|
|
|
|
66 |
|
|
|
|
|
|
|
|
|
|
|
|
|
67 |
|
|
|
|
|
|
|
|
|
|
|
|
|
68 |
|
|
|
|
|
|
|
|
|
|
|
|
|
69 |
|
|
|
|
|
|
|
|
|
|
|
|
|
70 |
|
|
|
|
|
|
|
|
|
|
|
|
|
71 |
|
|
|
|
|
|
|
|
|
|
|
|
|
72 |
|
|
|
|
|
|
|
|
|
|
|
|
|
73 |
|
|
|
|
|
|
|
|
|
|
|
|
|