A Multiple-Objective Programming Technique for Structuring Tax-Exempt Serial Revenue Debt Issues
提出一个多目标决策模型，用于构建免税序列收入债券的到期时间表和票面利率分配，帮助市政债券发行方在真实利息成本、市场适销性、债务覆盖率等目标间权衡，开发低风险、成本有效的发行方案。
A multiple-objective decision model to structure tax-exempt serial revenue bonds is presented in this paper. Based on goals dealing with true interest cost, marketability, debt coverage, production, and level debt, we define a goal programming model to generate a maturity schedule and coupon rate assignment for a municipal bond issue. The model is designed to be a flexible interactive decision making tool to aid in the development of a minimal-risk, cost-effective issue.