BondtallyCheck a bond issue for arbitrage rebate
Everything happens in this browser tab. Nothing is uploaded: once the page has loaded you can switch off your network and it still works.
1. The bond issue
From the transcript: the tax certificate and Form 8038-G (line 22 is the yield). Or .
Heads the report. With an Advisor license the firm named at checkout fills in.
Form 8038-G, line 22.
Default: first anniversary of the issue date.
Final maturity, or the redemption date if the issue was refunded.
One line per payment of principal and interest: date, amount (for example 2022-08-15, 615,400). The yield is the rate that makes their present value equal the issue price (1.148-4).
Small issuer exception and the debt service fund
Sale proceeds plus earnings, without the debt service and reserve funds.
2. Fund activity
One line per transaction: date, fund, type (deposit, spent, interest, balance, transfer in / out), amount. Add each fund's value on the computation date as a "balance" line.
.xlsx or .csv: a trustee or investment statement export works
A few lines are enough for a simple issue: the deposit, the draws by date and the value on the computation date.
| Date | Fund | Type | Amount ($) | Description |
|---|
3. Results
Spending exceptions
Computation and payment dates
Funds
Findings
Rebate computation
Form 8038-T worksheet
Downloads
All of an issuer's bonds
Texas: every local issue reported to the Bond Review Board from Sep 2, 2014 to Aug 28, 2025 (17,113 issues), with its next computation and payment date. Bond years are assumed to end on the closing anniversary. Other States: type one issue per line (name, issue date).
Not in Texas: type the issues
License
The check is free. The files for your own bonds need a license: Issuer $790, Finance office $1,990 (up to 10 issuers), Advisor $3,900 (unlimited), for 12 months. Founding offer: $474, $1,194 or $2,340 with FOUNDING40 until 30 Nov, applied automatically at checkout.
Have a license key?
Keep a copy of your key: paste it on any computer your team uses. Lost it? Reply to your Paddle receipt and we resend it.