The Bond Accounting System (BAS) is a critical element in a well-managed and profitable investment portfolio. By providing reliable, concise information at the right time, BAS helps financial officers reduce the inherent risk in securities investment.

Complete Accounting And Analysis

BAS offers complete on-line access, on-line security control, transaction entry, automatic accrual, amortization and accretion, and exception and analysis reporting.

Five Types Of Securities

BAS accommodates five general categories of securities:

Interest Bearing Bonds..................	(U.S. Treasury bonds, notes, municipal bonds)
Interest Discount Bonds.................	(U.S. Treasury bills)
Mortgage Backed Securities..........	(MBS, and Collateralized Mortgage Obligations)
Deposits.......................................	(certificates of deposit, mutual funds)
Stocks/Funds...............................	(corporate stocks and stock funds)

On-Line Buy And Sell Comparisons

When considering whether to sell a security and invest in another, the BAS Buy/Sell Calculator (Bond Calc) provides a complete on-line comparison between the securities to be traded. Up to nine Bond Calculations can be set up and stored for future use.

Analysis Reporting And Forecasting

The Bond Accounting System generates a complete set of reports that serve as an organizational, auditing and analysis tool. The reports provide a record of posted transactions and exception conditions, and forecast events such as scheduled interest payments, rate changes, and more.

Bond Accounting System Features:

• Full On-Line Access
• Up-to-Date Accruals, Amortization, Accretion
• Six Yield Calculations and Durations
• Automatic Market Pricing
• Record Keeping
• Integration With the ITI Financial Management System and Asset Liability Management System
• FASB 115 Market Value Reporting