Watchlist · closed deals to keep an eye on

Active dealQueue the best-fitting buyers for today in one step.HOW MANYMIN FIT

Why call them this week

{{ wnNone }} From SEC N-PORT and FDIC figures: cash building, inflows, new entrants, banks adding munis or with room to add.

Buyers like your buyers

{{ lkNone }} Same type, closest in size, muni share and high-yield share to investors that went firm or were allotted.

Three steps to your first call

      Data health
      {{ h.l }}{{ h.v }}
    

Deal readiness{{ rdy.score }}{{ rdy.verdict }}

Today's call queueFollow-ups due first, then best fits not yet contacted. Snoozed accounts and teammates' accounts are skipped.OPEN DIALER →EMAIL MY DAY

Call now · in their window{{ qInN }}

{{ r.why }} {{ r.n }} {{ r.who }} {{ r.ph }} {{ r.lt }} CALL EMAIL

Later · outside their window, email first{{ qAfterN }}

{{ r.why }} {{ r.n }} {{ r.who }} {{ r.ph }} {{ r.lt }} CALL EMAIL

Best fits for the active dealFULL LIST →

This week: indications and dollars{{ goalsSub }}

{{ g.l }}
{{ g.n }}/

{{ b.d }}

CALLS {{ actBars.nc }}EMAILS {{ actBars.ne }}MEETINGS {{ actBars.nm }}team · 7 days

Assigned to me {{ ibMineN }}INBOX →

{{ t.ref.icon }} · {{ t.ref.l }}

Mentions for you

Pipeline for this deal

{{ p.v }} {{ p.l }}

Follow-ups due

Team activityCONTACTS →

Inbox · messages, teams and assignments{{ ibSummary }}

Conversations

{{ m.from }}{{ m.at }}

{{ m.body }}

{{ m.ref.icon }} · {{ m.ref.l }}

Assigned to me {{ ibMineN }}

{{ t.ref.icon }} · {{ t.ref.l }}

New assignment

TOTEAM (OPTIONAL)

DUE

About: {{ ibRefL }}

Assigned by me {{ ibByMeN }}

{{ t.ref.icon }} · {{ t.ref.l }}

Recently done

Messages and assignments live on the desk's server with the sender's email and the server's clock. Messages cannot be edited or deleted; shares and assignments go to the team event log. Outside parties (investor, bank, issuer and dealer logins) never see any of it. Reminders are in-app: the INBOX badge counts unread conversations and assignments due today or overdue, and the dashboard lists what is assigned to you.

{{ selPageMk }}FitTInvestorStBest contactHoldings2Q chgTypical orderStatusNext

{{ r.mk }} {{ r.fit }} {{ r.t }} {{ r.n }}{{ r.sub }}{{ r.own }}{{ r.stale }} {{ r.st }} {{ r.cn }}{{ r.cd }}{{ r.dots }} {{ r.h }} {{ r.d2 }} {{ r.tk }} {{ r.sl }}{{ r.el }} {{ r.nx }}

{{ pageLabel }}

Fit is scored against the active deal. Funds score higher for recent buying, a fund dedicated to the project's state, a high-yield fund (for non-rated paper) and enough size. Banks score higher if they are in the project's state, if the deal is small relative to their muni book, and if their muni book is growing. Typical ticket: for funds, the median position size across their muni funds (net assets ÷ positions); for banks, 5% of the muni book. Both are estimates; confirm on the call.

NameTitleOrganizationEmailPhoneSourceLast act.

{{ cMore }}

Every contact belongs to an organization: one of the 6,428 investors, or one you add (insurers, family offices, dealers). Open the organization to log calls, emails and notes. With the team database connected (Sources page), everyone signed in sees the same contacts and activity.

← CALL LIST{{ d.kicker }}

{{ d.webL }} {{ d.secL }} NEWS ↗

{{ d.telL }}EMAIL OUTCOME

Price talk · {{ dealName }}EDIT ON PRICING

{{ d.ptSheet }}

Contacts

MAIN LINE {{ d.ct }}

FIND CONTACTS

{{ f.l }} ↗

{{ c.em }}{{ c.ph }}{{ c.mob }}{{ c.liL }}{{ c.srcL }}

Outreach · {{ dealName }}{{ d.lt }}

OWNER SNOOZE UNTIL

PASS REASONA typed pass reopens by itself when its reason stops being true (par goes up, a rating or LOC is added, talk moves past the level they passed at, or 90 days pass on timing). {{ d.passOpenL }}

⚠ {{ d.warn }}

In the research queue. Add or verify a contact below, then hand it back.

SUMMARY NOTE

{{ d.touched }}

Indication of interest · {{ dealName }}{{ d.ioi.meta }}

ORDER AS SAID ON THE CALL

{{ d.sh.prev }}

AMOUNT ($M) YIELD / SPREAD{{ d.ioi.conv }} MATURITIES ALLOTTED ($M) STATUS

Saved as you type. Shows in the deal's order book on the Pipeline page.

Activity log

Logging a call, email or meeting also updates the outreach status.

90 days ago{{ d.touches.note }}today

{{ a.type }}{{ a.date }}

OPEN IN EMAIL ↗

{{ d.sparkTitle }}as of {{ d.asof }}

{{ d.sparkA }}{{ d.sparkB }}

Investor profile

Estimated from SEC and FDIC data, not stated by the investor. Confirm on the first call.

Relationship{{ pf.warm }}

▲ {{ w.t }}

WHO ON THE TEAM KNOWS THEM

{{ w.t }}

PASSED BEFORE

Buying guidelines

RATING FLOORSTATES (BLANK = ANY)MIN ORDER $MMAX ORDER $M

EXCLUDED SECTORSSOLD EARLY AFTER A PAST DEALSOURCE

Fit with {{ dealName }}

LOOKALIKES: SIMILAR SIZE, TYPE AND STATE OR TREND

Funds holding IRB-type bonds, 2026 Q2

Fund cash and flows · {{ d.flowsQ }}

Same parent: {{ d.par }} · {{ d.parTotal }} combined

Who sold · {{ pos.soldL }}

{{ r.i }}{{ r.t }}{{ r.v0 }} → {{ r.v1 }}{{ r.d }}

Bond-level positions · {{ pos.n }} IRB-type bonds · {{ pos.v }} · {{ pos.q }}

Issuer (conduit)BondParValue% fundFund series

{{ pos.more }}Source: SEC N-PORT Part C holdings matched as industrial revenue / development or exempt-facility bonds (nport_irb_scan.py → irb_holdings.csv). Click a row for the bond on EMMA. Positions that look like your deal (same state, similar size, same conduit) are the opening line of the call.

Pre-call brief

Structured call outcome

INTEREST TICKET ($M) MATURITIES OBJECTION PREFERRED CHANNEL RELATIONSHIP (0–10) REFERRAL · NAME, TITLE

Saves as a structured note and updates the indication's ticket and maturities. A referral creates a new contact at this organization.

Similar investors

UST 30Y (FRED){{ tile.hy }}{{ tile.hyS }}

AAA 30Y · PUBLIC READ, NOT MMD{{ tile.a30 }}{{ tile.a30S }}

A-RATED 20Y MUNI{{ tile.a20 }}{{ tile.a20S }}

CORP HY SPREAD (OAS){{ tile.oas }}{{ tile.oasS }}

Benchmarks, 14 months: public reads only

UST 30Y {{ yp.hyL }}AAA 30Y {{ yp.a30L }}AAA 10Y {{ yp.a10L }}

Amber: Treasury 30-year constant maturity (FRED, daily). White and blue: AAA 30- and 10-year offer-side scale from the FMSbonds public page, as of each weekly read. These are public substitutes, not MMD or BVAL: no licensed index level is stored or typed in. Non-rated IRBs price at a spread to these benchmarks; the spread is the desk's judgement and is logged with each price talk.

Benchmark ladder: what is on file today

{{ r.v }}{{ r.d }} ↗

{{ ladEmpty }}Every row is a public figure with its date and link: FRED (Treasuries, ICE BofA HY spreads), the FMSbonds offer-side scales and the VanEck HYD yield to worst (an ETF proxy, not an index). Spreads (bp) are shown in the spread column of the pricing tool, not here.

Secondary prints

No licensed trade feed connected. MSRB's terms forbid collecting EMMA by script, so this desk keeps no prints. Look up one CUSIP by hand on EMMA, or connect an MSRB RTRS subscription or a vendor licence to fill this panel.

{{ licTrNote }}

WATCHLIST PRINTS · data/irb_trades.json

Muni vs Treasury, latest public reads

TenorAAA (FMS)UST (FRED)Ratio

{{ r.t }}{{ r.a }}{{ r.u }}{{ r.r }}

{{ ratioNote }}A high long ratio means tax-exempt long paper is nearly as cheap as taxable before the tax benefit. Dates differ by source; each figure is as of its own read.

Who holds it · bond-level lookup{{ posStat }}

Fund companyBondParValueMarkvs streetIssuer

Held through a markdown of 10 points or more

Mark = the fund's reported value over par. vs street = its distance from the median of all families reporting the bond on the latest date. Reported fund marks (SEC N-PORT), not a quote, not a basis for G-30; they suggest who tolerates distress or may be a seller. Every lookup is logged.

Who sold it · quarter-over-quarter reductions

Rate-change impact

PAR ($M) COUPON (%) TENOR (YEARS) RATE MOVE (BP)

Semi-annual coupons, bullet maturity, no call. A rough guide for borrower and investor conversations, not a pricing model.

Rates and market levels

Published figures from the linked sources (date shown). IRB yields price over these benchmarks plus a credit spread. Non-rated small IDBs usually price well above the AAA curve; ask your placement agent for comparable deals.

What is moving the market

Who is moving · conduit rank by fund holdings{{ bump.head }}

Conduit issuers: IRB-type bonds held by funds

IssuerStFundsHeld 2026 Q2Last qtr1 year10-quarter trend

{{ c.n }}{{ c.st }}{{ c.nf }}{{ c.h }}{{ c.d1 }}{{ c.d4 }}

Source: SEC N-PORT fund holdings, 2024 Q1–2026 Q2, for securities classified as industrial development or exempt-facility revenue bonds. A conduit whose fund-held total jumps in a quarter usually issued new bonds that funds bought, which is the best public signal of recent deal flow. Issuer-level "who bought" requires the bond-by-bond N-PORT extract (nport_irb_scan.py can output it).

IRB-type bonds held by SEC-registered funds

{{ fundBarA }}{{ fundBarB }}

Muni securities held by the 3,485 banks

{{ bankBarA }}{{ bankBarB }}

Conduits gaining most fund holdings, 2026 Q2MORE →

{{ c.n }}{{ c.st }}{{ c.d }}

Market notes

1 · Trade tape — where IRB paper is tradingLicensed trade feed (MSRB RTRS) · customer buys vs. sells

DateIssueSidePriceYieldSize

{{ tapeMore }} Small IRBs print a few times a year; read the tape for direction (who is buying vs. selling) and dispersion, not for a single price.

2 · Who's buying — fund families adding IRB paperSEC N-PORT · {{ buyQ }}

{{ b.n }}{{ b.ex }}{{ b.call }}+{{ b.adds }} / −{{ b.cuts }} · {{ b.sub }}{{ b.net }}

Net change in IRB-type positions between the two latest filed quarters. Rows link to the investor's profile when the family is on the call list — call the ones adding first.

Family paths · IRB-type holdings, ten quarters each{{ famSm.head }}

Each panel is one fund family's IRB-type paper across its last ten N-PORT filings, oldest on the left. Shared scale shows who is big; own scale shows the shape of each path. ▲▼ is the change from the first filed quarter to the latest.

3 · Comparable pricing for the active deal{{ cmpDeal }}

{{ cmpN }} performing prints in the last year matched on state, sector and tenor. Use the median as the anchor for price talk.

4 · New-issue calendar — who else is in market{{ niSum }}

{{ niEmpty }} Deals in your deal's state the same week compete for the same buyers — price a day earlier or a week later.

5 · Rating actions & disclosures

{{ e.d }}{{ e.n }}{{ e.type }} · {{ e.st }}{{ e.act }}

{{ evEmpty }} Downgrades and payment failures on names your buyers hold are talking points — and a reason some funds will be lightening up.

6 · IRB issuance by state · {{ issYear }} YTD{{ issSum }}

Click a state to filter the tape; click again to clear. Darker amber, more par issued. Source: new-issue calendar rows this year; the Bond Buyer's full count is licensed and not scraped.

State volume cap, conduits and local buyers

State2026 cap (est.)BasisConduitsFund-held1-yr chgBanksBank munisSt. fundsLargest conduits

{{ s.n }}{{ s.cap }}{{ s.basis }}{{ s.nc }}{{ s.ch }}{{ s.cd }}{{ s.nb }}{{ s.bh }}{{ s.nsf }}{{ s.top }}

2026 cap = the greater of $135 × state population or $397.625M (IRS 2026 figures), estimated here from 2024 Census population; the state's allocating agency publishes the official number. Small-issue manufacturing bonds need an allocation from this cap. Conduit totals come from SEC N-PORT; issuers are matched to states by name, so city and county authorities without a state in their name are missing. Click a state for detail.

{{ ps.n }}: conduit issuers

{{ c.n }}{{ c.h }}{{ c.d }}

{{ ps.n }}: in-state buyers

Top bond counsel, first half 2025 (all munis)

#FirmPar ($M)ShareDeals

{{ c.r }}{{ c.n }}{{ c.p }}{{ c.s }}{{ c.d }}

Source: The Bond Buyer / LSEG, 1H 2025. For full-year 2025, Orrick stayed first with about $66B of par, and Kutak Rock handled the most deals in Q4 (source). For small IRBs, deal count matters more than par: Kutak Rock, Gilmore & Bell and Chapman and Cutler do high volumes of smaller deals, and Kutak Rock has a dedicated small-issue IDB practice.

Top municipal advisors, Q1 2025

#FirmPar ($M)ShareDeals

{{ c.r }}{{ c.n }}{{ c.p }}{{ c.s }}{{ c.d }}

Source: The Bond Buyer / LSEG, Q1 2025.

Underwriters and placement agents (not a ranking)

Firms commonly seen on high-yield, conduit and privately placed revenue bonds. Not a ranking: check recent official statements on EMMA for who placed comparable deals in your state.

Credit enhancement

Insurers holding munis · {{ licInsNote }}

Insurance groups to approach

GroupTypeMuni portfolioFilings

Holdings for public insurers are in the investments note of each 10-K. Mutual insurers (State Farm, Liberty Mutual and others) file statutory statements with state insurance departments instead. Approach the investment office or the outside manager that runs their muni book.

Volume cap remaining · by state{{ capMap.note }}

Radar · leads by stage

Cap clock · {{ dealName }}{{ clock.src }}

{{ clock.ring.pct }}

{{ clock.st }}

Cap ledger · latest per state and pool

StPoolRemainingAs ofNext roundRevertsSrc

{{ r.st }}{{ r.pool }}{{ r.rem }}{{ r.asof }}{{ r.nr }}{{ r.rv }}open ↗

STATEPOOLREMAINING ($)AS OFNEXT ROUNDREVERTS ONSOURCE PAGE (HTTPS)NOTE

Typed by a researcher from the cited public page and chained to the access log; never parsed by a script. A newer entry supersedes an older one; nothing is edited. Reversion dates are the edge: unused cap moving to a general pool is when a waiting manufacturing deal clears.

Sources · checked weekly by hash

{{ capSrcEmpty }}The weekly job (cap_watch.py) hashes each page. CHANGED means re-read it and record what it says. Pages behind a bot check are read by hand; the job does not get around them.

TEFRA and volume-cap radar{{ radSum }}

StBorrower · issuerMax parCounty · counselClassHoldersBanksStatus

STATEBORROWERISSUER / CONDUITMAX PAR ($)COUNTYBOND COUNSELNOTICE DATESOURCE (NOTICE URL)CLASS

{{ radEmpty }}A lead is a notice a researcher resolved to borrower, maximum par, county and counsel. Holders = funds whose N-PORT holdings include that conduit’s paper; Banks = banks with a branch in the county (FDIC). Abatement-only programs are not bond sales and are never cleared for contact. Observed → Cleared to contact (admin; placeable only) → Engaged (needs a deal with a registered dealer of record and the G-37 two-year look-back attestation). {{ radRecall }}

Deals · {{ weighted }}

ProjectParStStructureStageProbContactedInterested

            {{ r.mark }}
            
            {{ r.par }}{{ r.st }}{{ r.str }}
            
            {{ r.prob }}{{ r.nc }}{{ r.ni }}

Order book · {{ dealName }}

{{ s.l }} {{ s.v }}· PAR {{ bookSeg.par }}{{ bookSeg.cover }}

InvestorAmountYieldMaturitiesStatusConditions

OPEN THE DIALER →

Active deal terms: drive fit scores and templates

TEAR SHEET ↗

PROJECT / BORROWER PAR ($M) PROJECT STATE BOND TYPE TAX STATUS

CREDIT TENOR (YEARS)

Offering details: used in the tear sheet

Closing checklist{{ checkL }}

Pricing history

{{ pxEmpty }} Each entry is parsed into a dated revision (initial, revised, final; low and high) and written to the server's append-only clearing ledger with the benchmark actually used that day.

Our clearing history (this desk only)

{{ x.k }}{{ x.n }}{{ x.med }}{{ x.rng }}{{ x.sug }}

{{ clHistEmpty }}Median final spread to the benchmark by credit and tenor, from this desk's own closed deals. A suggestion appears once a bucket has five or more deals; the grid only changes when an admin changes it in Settings. Single tenant: nothing here is pooled with other desks.

Deal calendar

{{ x.n }}{{ x.s }}PRICING {{ x.p }} · CLOSING {{ x.c }}

FOLLOW-UPS, NEXT TWO WEEKS

{{ col.l }}{{ col.n }}

Referral partners

{{ rpNone }} Paying referral fees to unregistered people for securities business can be prohibited: counsel approves any fee before you agree it.

Borrower leads{{ ldSum }}

Getting started · {{ trSum }}

{{ hero.greet }} {{ planDate }} · {{ hero.line }}

OPEN DIALER →

CALLING DAY · {{ hero.etNow }}{{ hero.clkL }}

{{ hero.t8 }}{{ hero.t105 }} · banks → funds{{ hero.t165 }}{{ hero.t175 }}

PACE
{{ hero.paceL }}

{{ ring.pct }}OF WEEKLY GOAL

{{ g.n }}/{{ g.g }}

Targets live in Settings. Calls include voicemails.

Next up · first three in window orderDIALER →

{{ r.why }}{{ r.lt }}

CALL EMAIL

Who is in window right now{{ winMap.sum }}

good time · {{ winMap.good }} plannedok to call · {{ winMap.ok }}after hours · {{ winMap.after }}bright states have calls planned today

Daily plan · {{ planN }} calls in local-time orderCALLS

{{ g.l }} · {{ g.n }}

CALL EMAIL

Overdue follow-ups first, then today's, then fresh tier-A names, each sorted so investors whose local time is best to call come first. Investors excluded from this deal (profile → EXCLUDE) and snoozed ones are left out.

Follow-up inbox

FOLLOW-UPS DUE · NEXT 4 WEEKS{{ fuCal.note }}

{{ g.l }} · {{ g.n }}

Best time to call · reach rate by hour (your team's log)

8 AM12 PM5 PM

Where our clears sit · final spread over the public AAA scale, this desk's closed deals{{ clDots.n }} deals · gold = same credit as {{ clDots.mine }} · {{ clDots.bandL }}

{{ clDots.short }} Spreads are to the FMSbonds public AAA scale on the day each deal priced, never to a licensed index. The amber band is the current price talk converted to a spread at the deal's tenor.

Spread build-up · how the talk is made, at one maturity{{ wf.head }}

{{ b.l }}

{{ wf.short }} {{ wf.src }}. Blue is the public base, amber adds, green takes away; the outlined bar is the model talk at this maturity and the white dashed line is the talk logged on Pipeline.

Indicative coupon · active deal

PAR ($M) TENOR (YRS) CREDIT TAX

Benchmark is the AAA public read on the Market page (FMSbonds offer side, not MMD), interpolated to tenor, plus a credit spread, a size concession and a tax adjustment. Taxable deals price off Treasuries plus the corporate spread. The spread table is a desk rule of thumb; recalibrate it in Settings when you close a deal.

Who else is in market · next two weeks

DateIssuerStParSector · lead

{{ niSum }}. Amber rows are in the deal's state.

Borrower all-in cost · bonds vs bank loan

BOND COUPON %COSTS OF ISSUANCE % OF PARISSUER FEE %TRUSTEE $/YEARBANK LOAN RATE % (TAXABLE)LOAN FEE %TAX ABATEMENT $/YEARABATEMENT YEARS

IRBSBANK LOAN

Par and term come from the pricer above. Level annual debt service, fees paid at closing, trustee fee yearly; all-in cost is the rate that equates net proceeds with every payment. Indicative only, for a first conversation with the borrower.

Taxable-equivalent yield by buyer type

TAX-EXEMPT YIELD (%)BANK COST OF FUNDS (%)BANK-QUALIFIED

Fund: 37% + 3.8% NIIT. Bank: 21% rate; a non-BQ bond loses the interest-expense deduction on the funds carrying it (TEFRA), BQ keeps 80%. Insurer: 21% with 25% proration. Approximations for a conversation, not tax advice.

Price talk sheet · read it over the phone, email it afterEMAIL

{{ ptSheet }}

Rate sensitivity (±50bp) · every open deal

DealParCouponStressedInterest Δ/yr

{{ r.n }}{{ r.par }}{{ r.c0 }}{{ r.c1 }}{{ r.d }}

Coupon is the deal's saved coupon if set, otherwise the indicative level above for that deal's terms. {{ ratioNote }}

Price talk history · {{ dealName }}{{ ptBench }}

INVESTORYIELD (%)TENORNOTE

{{ ptEmpty }}Spread column is to the interpolated AAA public read at that tenor (not MMD). Logged talk also shows in the investor's activity.

Rate lock and pricing date

PRICING GOOD THROUGHLOCKED COUPON (%)

{{ lock.drift }}indicative level now vs locked coupon

A lock that has fewer than 5 business days left shows red on the Dashboard follow-ups. Re-price with the borrower before it lapses.

Fit score distribution · active deal{{ fitHist.cutL }}

{{ b.n }}{{ b.l }}

Where the money is · fit × IRB-type holdings × relationship{{ bubble.head }}

{{ bubble.fmL }}{{ bubble.medL }}CALL LIST →

not contactedemailed or calledinterested or meetingpassed or do not contactamber ring: tier A· bigger bubble, stronger relationship · click a bubble for the profile

Up is IRB-type holdings on a log scale ($1M to $10B, SEC N-PORT and FDIC call reports); across is the fit score for the active deal. The top-right quadrant, above the fit floor and the median holding, is the call list.

Tier × status · where the gap is{{ tierHeat.gap }}

{{ c }}{{ r.t }}{{ x.n }}

{{ tierHeat.note }} · darker is more investors · red outline marks tier A nobody has called

Coverage curve · top 40 families by IRB-type holdings{{ pareto.head }}

largest family10th20th30th40th

not contactedin progressinterested or meeting— white line: cumulative share · dotted: the 80% mark

Deal × investor matrix · top {{ mxN }} by combined fit

Investor

{{ r.n }} {{ r.st }} · {{ r.tag }}

Each cell is the fit score for that deal. An asterisk marks a score lowered because the investor passed on a similar deal (same tax status and credit) in the last 12 months. Investors fitting two or more deals are the most efficient calls.

Family roll-up · one row per fund family or holding company

Family#HeldFitBest entry

Call the family once through its best-fit fund; the PM usually covers siblings. Top 30 by aggregate holdings.

What is working · attributes of interested vs passed investors

{{ learnNote }} Columns: share of Interested/Meeting investors with the attribute, share of Passed with it, and the lift. Information only: lifts never change a fit score (a handful of outcomes is not a model). Each logged call keeps the fit score it was dialled at, and one call in ten in the plan is an exploration pick, so later lifts are measured on more than our own favourites.

Already hold this conduit's bonds{{ condL }}

{{ condEmpty }}Funds that already own bonds from the deal's conduit issuer (set on Pipeline) or in the deal's state. They have done the credit work on the issuer and are the warmest first calls.

Excluded from {{ dealName }}

{{ exclEmpty }}Exclude an investor from a deal on its profile (competitor bank, the borrower's own lender, conflicts). Excluded names drop out of the plan, dialer and matrix for that deal only.

Deal desk · {{ dealName }}

PIPELINE TEAR SHEET

EXEMPTION {{ exBuyL }}{{ exemNote }}

Book against par

{{ s.l }} {{ s.v }}· PAR {{ bookSeg.par }}{{ bookSeg.cover }}

Allocation assistant{{ aaSum }}

METHODCLEARING YIELD %RETAIL ORDER PERIOD–

DEMAND BY YIELD LIMIT · {{ aaOpen }}

{{ p.y }}{{ p.v }}

Green rows cover par (dashed line). Suggestions pass the same checks as hand allotments: eligibility, OFAC, SMA accounts, minimum denomination and 35 purchasers.

Allocation worksheet

InvestorStatusAskedAllottedMaturitiesClosing

{{ alTot }}allotted vs {{ alPar }} par

{{ alLots }}$min $100,000, integrals of $5,000 · {{ alOver }}

FILL writes suggested allotments ($M, rounded to $5K lots, capped at par) into each indication; edit any cell by hand. Soft indications older than 10 business days are flagged for a refresh call. Dropped indications are not shown.

Demand by maturity bucket

Parsed from the maturities field on each indication (e.g. "2036–2046"). Thin buckets are where a term bond or a bank tranche may be needed.

Timeline and milestones

SALEDELIVERYTODAY

Fees and final terms

PLACEMENT FEE (%)FINAL COUPON (%)SHOW ON TEAR SHEET

{{ fee.amt }}placement fee at par

{{ fee.sp }}final coupon spread to the AAA public read

Exposure across your deals

{{ multiEmpty }}Investors with indications on more than one of your deals. Watch their total before offering a third.

Comparables · your closed deals

{{ compEmpty }}Set the final coupon on each closed deal and this becomes your own pricing book.

Post-mortem

Saved with the deal. Pass reasons logged on investor profiles are summarized on Reports.

Syndicate book · member orders{{ purch }}

{{ purchBy }}

LIABILITY vs ORDERS BROUGHT · COLUMN WIDTH IS LIABILITY{{ synMek.head }}

100% OF LIABILITY

{{ c.n }}{{ c.liab }}{{ c.fill }}

net designatedmembergroupred top edge: under half filled

{{ bookEmpty }}A member order goes on the book as an indication on an investor record; the member’s eligibility file becomes that buyer’s evidence for this deal only (your own file does not cover a co-manager’s customer, and its file does not cover yours). The same buyer through two firms is merged and counted once. Allot on the grid above; allotting a member order while a net designated order is short asks for the reason.

Syndicate ledger · {{ ledTot }}

{{ l.at }}{{ l.k }}{{ l.f }}{{ l.a }}{{ l.b }}

KINDMEMBERAMOUNT $BASIS

Bank group · lead, club and participants

BankRoleHeadroomBid (min–max)CommitFinal $MStatus

{{ bankEmpty }}Each bank bids with its minimum and maximum hold, commits in a signed letter within the lending-limit headroom it confirms in writing (the 15% of tier 1 figure is only an estimate), and receives a final share. Shares must add to par to the dollar, the lead keeps at least its minimum hold, each share meets the minimum denomination, and club and participant banks count toward the same 35 purchasers unless counsel advises otherwise. Funding needs the bank’s hold-to-maturity representation and its own credit approval. No bank sees another’s bid before the award; participants see only their own share.

Covenant record · {{ dealName }}

{{ covLate }}

Covenants are structured at closing (level and direction) and every party on the deal portal sees the same borrower reports at the same time. Headroom is tested on each report; a report more than 30 days past its due date (the financial-statement date on the post-issuance calendar) shows as late. No shadow rating, no default probability, no quarterly mark: those wait for enough closed deals to calibrate. The desk is never the dissemination agent on its own deals.

Bank breakeven and club builder

BankTaxSpreadTaxable equiv.Limit

Club proposal{{ club }}

A private activity bond is never bank-qualified, so a bank carrying it loses 100% of the interest expense allocable to it (§265(b)): its spread is coupon minus its own cost of funds, with no tax shield. Taxable equivalent = the loan rate that leaves the same after tax. Subchapter S banks pay no entity-level tax (FDIC SUBCHAPS), so the exemption is worth less to them. The club is built from banks with a branch in the deal's county first, then the state, until their approximate one-borrower limits cover par.

Settlement plan · {{ stl.sum }}

CLOSING DATECUSIP-6 (ISSUER)DTC PARTICIPANT #

Dates count back from closing in business days. The dealer of record ({{ stl.dealer }}) requests the CUSIPs, makes the bonds DTC-eligible and settles delivery-versus-payment; this list tracks that it happened.

Event notices (Rule 15c2-12)

EVENTDATE IT HAPPENED

The notice is due on EMMA within ten business days of the event, filed by the dealer or the issuer’s dissemination agent. Posting here tells holders on the portal at once and starts the clock; record the EMMA submission ID when it is filed.

Interest to sell · {{ sel.sum }}

PUBLIC PURPOSE

Bank RFP · direct purchase{{ rfpSum }}

BankRate %Put yrsFee bpBank TEYPickup

BANK COST OF FUNDS %{{ rfpTeyNote }}

Covenant monitor{{ cvSum }}{{ cvTrend }}

MIN DSCR (x)MAX LEVERAGE (x)MIN DAYS CASH

Deal portal · outside parties{{ ptSum }}

Investors, banks, the issuer and the borrower sign in at this same address and see this deal only: the terms, their own indication and closing step (issuer and borrower see the book in totals, no names), and their messages. They never get desk access. Create their login first in Supabase → Authentication → Add user (auto-confirm), then add it here.

Data room{{ drSum }}

UPLOAD FILE

Private storage. Links expire after 7 days and only go to buyers with an NDA and eligibility on file; every upload and share is in the event log.

Bounced emails to replace

LinkedIn re-checks

{{ r.n }} ↗{{ r.s }}

{{ liNone }} Open each profile yourself; nothing is collected from LinkedIn automatically.

Possible job moves

Completeness · what is on file{{ dqBars.note }}

Coverage by tier and type

SegmentCountNameEmailPhoneWeb

{{ r.l }}{{ r.n }}{{ r.p0 }}{{ r.p1 }}{{ r.p2 }}{{ r.p3 }}

Contacts added per week, last 12 weeks. Run the two crawl scripts and import in Settings to move the tier-A rows toward 100%.

Email pattern guesser

{{ guessEmpty }}Pattern is learned from any confirmed address at the same domain (first.last, flast, first). Guessed emails are tagged GUESSED on the contact until a reply confirms them.

Possible duplicate contacts{{ dupN }} pairs

{{ dupEmpty }}Merge keeps the longer value of each field and the older record's id; the other is deleted.

DUPLICATE ORGANIZATIONS · {{ orgDupN }}

Title normalization

One rule per line, pattern = Role. Patterns are case-insensitive substrings matched against the title. Roles drive which template opens (PM → first email, Treasurer → bank pitch, Analyst → credit package).

Change log · last 60 edits

Issuer disclosure · MSRB G-17{{ g17Status }}

Role, arm's-length dealing, contingent fee and other conflicts, addressed to the conduit issuer. Built from the deal terms; counsel reviews before it goes out.

SENTISSUER ACKNOWLEDGED

Gifts and entertainment · MSRB G-20

Political contributions · pre-clearance (G-37)

Ask before giving. A principal decides; decisions are team records only an admin can write.

Registrations and continuing education

PERSONEXAMS HELDCE DUECE DONE

Annual compliance attestation

{{ atSum }}{{ atMine }}Eligibility evidence expiring

Issuer documents · drafts for bond counselBuilt from the deal terms and the dates in the calendar above.

Construction draws · rebate spending tests

{{ x.st }} · {{ x.l }}{{ x.m }}

Treas. Reg. §1.148-7 spending exceptions; counsel and the rebate analyst decide which one the deal relies on.

Jobs and wages · reported against the commitment

Use payroll figures the borrower attests to. The public summary is written for the issuer's website.

Issuer approvals and post-issuance calendar{{ iaSum }}

Dates follow the usual rules (TEFRA reasonable notice of at least 7 days and issuance within a year of approval; Form 8038 timing; five-year rebate installments). Bond counsel and the tax certificate govern; check every date against the closing documents.

Closing evidence · regulator file

The frozen record keeps the purchaser count (SMA accounts counted one by one), each buyer's eligibility and letter, the exemption, the G-17 and pay-to-play records and the checklist, with a SHA-256 fingerprint. The server refuses any later edit. The regulator file puts all of it, plus every logged contact with these buyers and its review, into one download (exports are gated and logged).

Supervisory review · MSRB G-27{{ revSum }}

{{ r.t }} · {{ r.n }}{{ r.txt }}

{{ revNone }} Principals review a sample of calls and emails; each review or flag is a team record and goes to the server event log.

Pay-to-play check · MSRB G-37 / G-38

ISSUER OFFICIALS (elected officials who appoint the conduit issuer's board, and any official on it)

Who counts as a covered person, and the de minimis limits, are for counsel and the dealer of record to confirm. Attestations are kept on the deal and in the server event log.

Compliance · {{ dealName }}

Placement agent and offering exemption

YOUR ROLE ON THIS DEAL REGISTERED PLACEMENT AGENT CRD / MSRB ID SECURITY EXEMPTION RULE 15c2-12 STATUS{{ pa.exBuyL }} · {{ pa.exemNote }} MINIMUM DENOMINATION DEAL ROOM LINK

Not legal advice. Soliciting institutional purchases of securities for transaction-based compensation generally requires broker-dealer registration (Exchange Act §15, MSRB rules). Confirm your role with counsel before the first outreach.

Syndicate · this desk as book-running manager{{ synState }}

KINDLIABILITYMGMT FEE (BP)TAKEDOWN (BP)CONCESSION (BP)SALE DATEDELIVERY

MEMBER FIRMCRDROLELIABILITY %

SALEDELIVERYTODAY

{{ synEmpty }}This desk is always the senior manager or lead placement agent; another firm cannot run the book here. Every member is a registered dealer with a CRD and becomes active only with its G-23 (not the deal’s advisor) and G-37 attestations and its signed agreement on file; a finder is never a member. The letter (terms and priority provisions) is sealed before the first offer, members enter orders on the deal portal, only this desk allots, and the 35-purchaser count is one for the whole deal across every firm and bank. Deadlines follow MSRB G-11(g)–(j), business days skip market holidays. Attestations are recorded as given, not verified.

Investor eligibility and letters

EVIDENCE EXPIRY LADDER · NEXT 16 MONTHS{{ evLad.nEx }} EXPIRED

{{ b.n }}{{ b.l }}

{{ evLad.note }} · amber tier A, gold tier B, grey tier C · the red column is what already lapsed

Investor with indicationEvidence on fileInvestor letterDocs

{{ eligEmpty }}Evidence, not conclusions: each row is what the reliance rests on (a filing, a letter or the investor's portal certification), its date, and an expiry 16 months later. The server refuses an allotment, an offering-document step or a data-room link without current evidence that this deal's exemption allows, or with an uncleared possible OFAC match. Click a cell to record evidence. Docs = offering documents this investor has received.

Data room log · who received what{{ docN }} documents

{{ dd.name }} {{ dd.ver }} · {{ dd.date }}{{ dd.gap }}{{ dd.sent }}

{{ docEmpty }}Every indicated investor should have the same information. A document shows amber until everyone with an indication has received it.

Outreach consent and suppression

{{ sup.dnc }}do not contact

{{ sup.bounced }}bounced addresses

{{ sup.optout }}opt-out replies logged

UNSUBSCRIBE LINE APPENDED TO EVERY EMAILPHYSICAL ADDRESS (CAN-SPAM)EMAIL buttons and exports skip do-not-contact and bounced records automatically. Log an opt-out by choosing DO NOT CONTACT in the dialer; the suppression list export is for your email tool.

Records and retention

{{ ret.years }}years kept (access log)

{{ ret.holdL }}legal hold

neverevent log purged

RETENTION (YEARS, 3–30)

Records live on the server, not in this browser: every call, outcome, status, indication and do-not-contact goes into an append-only event log that no one can edit or delete, and every sign-in, page pull, export and seal into the hash-chained access log. The access log is kept for the period above (default 6 years, set by an admin as the registered dealer's retention policy requires) and nothing is purged while a legal hold is on. RETENTION LOG downloads the event log from the server (admins).

Fair dealing · price talk

{{ fdSub }}

{{ r.ten }} · {{ r.rg }}⚑ {{ r.bp }}

{{ fdEmpty }} Log price talk on Pricing.

Compares the latest yield quoted to each investor at the same maturity. A gap of {{ fdBp }}bp or more is listed so you can document why: a different time, size or maturity, or a market move.

Data provenance

No MMD, BVAL, Bloomberg or ICE index level is stored or typed into this desk. Benchmarks are public reads, each with its date and link; when you quote one to an investor, name it as such.

Rating and credit committee checklist

{{ rcSum }} · from the credit package and deal terms

What analysts and buyers' credit committees typically ask for, summarised in our own words; each agency publishes its own criteria.

Impact and use of proceeds{{ imSum }}

METRICTARGETEXTERNAL REVIEWREPORTING

Shown to deal parties in the portal and kept with the deal record. Use labels such as "green" only with an external review.

Structuring workbench{{ wbHead }}

SHAPESINKING FROM YEARCOUPON %ISSUE PRICE % OF PARCASH FOR DEBT SERVICE $M

PRINCIPALINTERESTTOTALOUTSTANDING{{ r.y }}{{ r.p }}{{ r.i }}{{ r.t }}{{ r.o }}

COVERAGE UNDER STRESS

{{ x.l }} · {{ x.v }}

CREDIT ENHANCEMENT · ALL-IN COST

LOC-BACKED RATE %LOC FEE BP/YRINSURED RATE %PREMIUM % OF DS

TAXABLE TRANCHE · REFUNDING · ABATEMENT

TAXABLE SHARE %TAXABLE RATE %OUTSTANDING $MOLD COUPON %YEARS LEFTCALL PRICE %PROPERTY TAX $/YRABATEMENT % BY YEAR

Indicative arithmetic from the deal terms (par and tenor from the pipeline). The reserve-fund limit follows Treas. Reg. §1.148-2(f); bond counsel and the financial advisor confirm sizing, yield and refunding savings.

All-in annual cost by structure{{ stBars.note }}

Structure · {{ dealName }}

Public offering vs private placement vs direct bank purchase vs LOC-backed floater

Rates come from the Pricing page's indicative coupon with structure adjustments: private placement +15bp and no rating; direct purchase prices as a bank loan (bank-qualified benefit if eligible, −30bp relationship) with a 5–10 year put; the floater is SIFMA 3.93% plus LOC fee, remarketing and a basis spread. All-in cost amortizes cost of issuance over the tenor. Assumptions, not quotes.

Tax facts sheet · inputs for bond counsel

PAR ($M)ISSUE DATECAPEX AT SITE, 3 YRS BEFORE ($M)CAPEX PLANNED, 3 YRS AFTER ($M)CAPEX ELECTION (Y/N)RELATED PERSONS' IRBS ($M, ATTESTED)ATTESTED BY (BORROWER OFFICER)BOND WEIGHTED AVG MATURITY (YRS)ASSETS' WEIGHTED ECONOMIC LIFE (YRS)NET PROCEEDS TO QUALIFYING COSTS (%)LAND (% OF NET PROCEEDS)ANCILLARY FACILITIES (%)EXISTING BUILDING ACQUIRED ($M)REHAB SPENT ON IT ($M)COST OF ISSUANCE ($K)

Each line reads "inputs indicate …; counsel to confirm": the desk records facts, bond counsel gives the opinion. §144(a): $1M limit, or $10M with the capital-expenditure election, and then ≤ $20M of capex at the site in the six years around the issue date (three before, three after); ≤ $40M of the borrower's and related persons' small-issue bonds nationwide (§144(a)(10), attested by the borrower, not looked up). §147(b): average maturity ≤ 120% of the assets' economic life. 95% of net proceeds to the qualifying facility, land ≤ 25% (§147(c)), ancillary facilities ≤ 25%, an acquired building rehabilitated by ≥ 15% of its cost (§147(d)), issuance costs ≤ 2% (§147(g)). Jobs come from payroll the borrower attests, never from plant-level government data.

TEFRA, approvals and volume cap

CAP CLOCK · {{ clock.st }}{{ clock.why }}

VOLUME CAP STATUSCAP AMOUNT ($M)ALLOCATING AGENCY

{{ tefraNote }} Public notice must run at least 7 days before the TEFRA hearing; the elected official's approval must follow the hearing and precede issuance. Volume-cap deadlines and carry-forward rules are set by each state agency; check the State programs page for the issuer.

Call protection and amortization (feed pricing)

FIRST CALL (YEARS)CALL PRICEAMORTIZATION

Credit package{{ cpkN }}

Have all nine before the first investor call; high-yield desks ask for everything on the first pass. LOG adds the item to the data-room log so you can record who received it.

Letter-of-credit and bond-insurance quotes

{{ locEmpty }}A local bank LOC turns a non-rated IRB into a rated, floating-rate bond that money funds and insurers can hold; the fee shows up in the floater column above. Ask the borrower's own bank first.

Secondary liquidity · "who will buy this from me?"

DEALERS THAT MAKE MARKETS IN SMALL IDBS

Calendar · next 26 weeks

Buyer windows and your deadlines

 your follow-ups deal milestones fund windows bank and insurer windows

Dated items per deal · next 90 days{{ dealTl.head }}

TODAY

{{ k.l }}· faded: already passed · amber line: today · click a marker to open its page

← DASHBOARDDialer · {{ dial.pos }}{{ dial.doneN }}{{ dial.doneL }}

ASK FOR {{ dial.who }} {{ dial.ph }}

CALL EMAIL FULL PROFILE

Why they fit

Call script

VOICEMAIL SCRIPT FOR THIS BUYER TYPE

{{ dial.vm }}

Log the outcome and move on

{{ dialMsg }}

Each outcome logs the activity, updates the status and follow-up date, and advances to the next call. Keyboard: 1–8 for outcomes, N to skip.

Recorded call and drafted notes{{ rc.st }}

NO PHONE CONNECTION? PASTE A TRANSCRIPT OR UPLOAD A RECORDING

UPLOAD RECORDING (MP3, M4A, WAV, 4 MB)

TRANSCRIPT (KEPT AS RECORDED)

{{ rc.transcript }}

Contacts

Up next

Queue is empty. Everyone in reach has been contacted, snoozed or passed. Open the call list to pick investors by hand.

Sales report · {{ dealName }}

Activity calendar · team, last 13 weeks{{ actCal.note }}

13 weeks agorows Mon → Sunthis week

Calls this week · each caller against the team average

Coverage by investor type · active deal

TypeUniverseContactedPositiveIOIsReach

{{ r.t }}{{ r.n }}{{ r.c }}{{ r.m }}{{ r.i }}{{ r.pct }}

Does the fit score predict results?

Fit bandWorkedReachedIndicatedFirm

{{ c.l }}{{ c.n }}{{ c.r }}{{ c.i }}{{ c.f }}

Quarterly platform report

CALLER SCORECARD · LAST 30 DAYS (answers 3, materials 4, meetings 5, passes 2, indications 10; a dial with no answer 0.2)

CallerPointsDialsReachIOIs

{{ c.u }}{{ c.p }}{{ c.d }}{{ c.rr }}{{ c.i }}

WHICH SIGNALS PREDICTED INTEREST (≥5 worked investors each; lift = hit rate ÷ average)

Team activity

PersonDials · reached 7dEmails 7dMeetings 7dAll 30dOwnsOverdueLast seenViewing now

{{ r.u }}{{ r.calls }}{{ r.em }}{{ r.mt }}{{ r.all }}{{ r.own }}{{ r.od }}{{ r.seen }}{{ r.on }}

{{ feedEmpty }}Calls, emails, meetings, status changes and every profile opened. Everyone sees their own; admins can pick any team member. Viewers' page visits are also logged.

Response by channel · reached interested or meeting

ChannelInvestors touchedPositiveRate

{{ r.l }}{{ r.n }}{{ r.p }}{{ r.r }}

Why investors passed

ReasonCount

{{ r.l }}{{ r.n }}

Relationship strength · all deals

InvestorScoreTouchesAllotted

Stale accounts · in progress, untouched 14+ days

InvestorStatusLast touchedOwner

Contact coverage by state · top 25

StInvestorsFund/BankNamed contact%Contacted

{{ r.s }}{{ r.n }}{{ r.f }}/{{ r.b }}{{ r.pct }}{{ r.c }}

Audit log · latest changes

When (UTC)WhoWhatDetail

{{ r.t }}{{ r.by }}{{ r.k }}{{ r.what }}

Funnel · all deals, by investor type

Funds {{ r.f }}

Banks {{ r.b }}

Cohorts · month first contacted → where they are now

Month#Interested · In progress · Passed

Concentration · top fund families by IRB-type holdings

Top 10 hold {{ concTop }} of all fund IRB-type holdings. These are the families you cannot skip on any deal.

Entrants and leavers · past year

{{ churn.inN }}new or re-entered buyers

{{ churn.outN }}reducing or exited

Territory · fit ≥ 60 by state vs pipeline

Darker amber: more investors fitting the active deal. Amber border: a deal in your pipeline is in that state.

Templates and objections · what gets a response

OBJECTIONS HEARD

Pick an investor

Templates fill in from the active deal (Pipeline page) and the investor's public data. Edit before sending.

{{ tName }}

Draft here, then copy or open in email. On an investor profile the same drafts are prefilled for that investor.

⚑ {{ w.t }}

Objection handling

“{{ o.q }}”{{ o.a }}{{ o.w }}

← PIPELINE

Credit package inputs{{ cpDone }}

Same nine sections for every deal, so a bank or fund reads each package the same way. Deal terms come from the Pipeline page; enter the borrower's financials ($ millions) and credit terms here.

FISCAL YEARREVENUEEBITDATOTAL DEBTCASH

Credit package · confidential · for qualified investors

{{ sheetDate }}

CONTACT · {{ sheetContact }}

Confidential. Prepared from information supplied by the borrower and not independently verified. Not an offer to sell or a solicitation of an offer to buy any security; any offering will be made only by an official statement or private placement memorandum to eligible investors.

Preliminary term sheet · for discussion

{{ sheetDate }}

CONTACT · {{ sheetContact }}

For discussion only. This is not an offer to sell or a solicitation of an offer to buy any security. Any offering will be made only by an official statement or private placement memorandum.

›{{ p }}

{{ s.l }} ↗

General summary for deal screening, not tax or legal advice. Bond counsel decides whether a project qualifies.

Admin IP allowlist{{ ipSum }}{{ opIp }}

The server refuses a list that leaves out your current address. If you are ever locked out, run in the SQL editor: delete from public.policies where key = 'admin_ips';

Two-factor and single sign-on

REQUIRE TWO-FACTOR FOR

You must be signed in with two-factor yourself to require it. People without it are walked through setup at their next sign-in.

First enable the provider in Supabase → Authentication → Providers (Google, or Azure for Microsoft) with redirect URL https://securitief.com/, then list it here to show its sign-in button. A new person signing in this way still needs an admin to switch their account on.

Quarterly access review

{{ r.t }}

Sign-ins from new networks

Browser errors

{{ erNone }} Public status: /status

You

Used in email signatures, call scripts and the tear sheet.

YOUR NAME FIRM YOUR PHONE

Weekly targets: indications and dollars, not call counts

Access: the login keeps casual visitors out but is not strong security, because the check runs in the browser. Don't put anything confidential in notes. For real access control, host the site behind a password-protected service such as Cloudflare Access or Netlify password protection.

Add contacts

Run python3 crawl_contacts.py (names, emails and phones from investors' own websites) and python3 sec_pm_extract.py (portfolio managers from SEC prospectuses) in the contact_crawl folder on your Mac, then import the CSVs here. Duplicates and generic inboxes are dropped automatically.

IMPORT CONTACT CSVs

Team database● {{ syncState }}

Every signed-in account shares one team database: this deployment's Supabase project, where access is enforced by role on the server and every change is logged. It cannot be repointed from the browser; an engineer changes it in the deployment. Changes sync every 20 seconds.

{{ syncMsg }}

Backup file

Backup, or share without the team database: export a file and send it to a colleague. Importing merges it into their copy, and the newest edit wins for each record.

IMPORT WORKSPACE

Bond-level positions (N-PORT)

IMPORT irb_holdings.csv…

{{ posStat }} {{ posLineage }} Run python3 nport_irb_scan.py --quarters 2026q2 --email you@firm.com on your Mac, then import out/irb_holdings.csv here (kept in this browser's database, not synced) or save it as data/irb_holdings.csv so it loads for everyone.

Encrypted backup

PASSPHRASE

RESTORE…

AES-256-GCM in the browser; the passphrase never leaves this computer. {{ bk.msg }}

Email logging and spread table

OPEN EMAILS INBOOKING LINK IN SIGNATURE

MY ROLE{{ roleL }} · set by an admin

BCC EVERY OUTREACH EMAIL TOCREDIT SPREADS OVER AAA (BP) · IG, LOC, HY, NRSpreads feed the Pricing page and the stress table. One desk-wide grid kept on the server ({{ spreadsV }}); only an admin changes it, and every change is logged. Our clearing history on the pipeline suggests changes once a bucket has five closed deals.

Team & access

Add one login per person: work email, role and a temporary password. New accounts start switched off; check the role, then press ACTIVATE. Everyone signs in through the team database; there are no local or shared logins.

WORK EMAILROLETEMPORARY PASSWORD

UNUSUAL ACTIVITY · MORE THAN {{ anomHr }} PROFILES IN AN HOUR OR {{ anomBlk }} BLOCKED ATTEMPTS IN A DAY

{{ a.by }}{{ a.why }}

Temporary password for {{ pwTmp.em }} — send it separately. They must choose a new one at next sign-in.

{{ pwTmp.tmp }}

{{ r.em }}{{ r.pwL }}
{{ r.sessL }}
{{ r.st }}

No team members yet. Add each person with their own login; shared passwords make the access log meaningless.

SESSIONS · LAST 7 DAYSIdle sign-out after {{ idleMin }} min

{{ s.em }}{{ s.dev }}{{ s.at }}{{ s.st }}

No sessions recorded yet. Each sign-in reports here every five minutes while the tab is open.

ACCESS LOG · {{ logN }} EVENTS · LAST EXPORT {{ logExpAt }}

{{ r.t }}{{ r.by }}{{ r.what }}

Downloads, printing, page saves and large copies are locked for everyone. An admin can open exports for 30 minutes; every export and every blocked attempt is logged. Keyboard on the call list: J / K move, Enter opens. Non-admins can open at most {{ viewCap }} investor profiles a day; opening more than {{ anomHr }} in an hour raises an alert for admins. Viewers see masked phones, emails and notes, and each page they open is logged. Right-click and text selection are off for non-admins. Everyone is signed out after {{ idleMin }} idle minutes; viewers are never kept signed in between visits. Passwords need {{ pwMin }}+ characters and must be changed at first sign-in. Every screen carries a faint watermark with the user's email. Security events sync to the whole team, so admins see every device. The browser-side blocks (right-click, selection, copy, print) are deterrents, not walls — a determined user with developer tools can bypass them; the server-side rules and the access log are what hold.

Connections (need a service)

Sync conflicts

{{ confEmpty }}When two people edit the same record before syncing, the newer version wins and the loser is listed here so nothing is silently lost.

What's new

Your phone and firm mailbox

YOUR OWN PHONE (CALL & RECORD RINGS IT FIRST, THEN CONNECTS THE CONTACT)

{{ m }}

The mailbox grant covers sending only. The token is encrypted on the server and never reaches the browser; disconnecting stops your sequences at once.

Dealer of record

The registered broker-dealer that requests CUSIPs, makes the bonds DTC-eligible, settles delivery-versus-payment and files continuing-disclosure notices on EMMA. Its name appears on the settlement plan and event notices on Deal desk.

Email sequences

SEQUENCE NAMEDEAL (OPTIONAL)

Merge fields: {{ cnMerge }}. Nothing is sent until an admin approves the wording; any edit sends it back for approval. Each email goes from the caller’s own mailbox with the firm’s postal address and a reply-STOP line, skips do-not-contact and sanctions hits, and is kept in the append-only sent log and the nightly journal. Sends run hourly on weekdays, at most 150 per caller a day.

Licensed market data

WHAT IT ISVENDORLICENCE OR SUBSCRIPTION REFAS OFMAY DEAL PARTIES SEE IT?

CHOOSE CSV AND LOAD{{ cnLf.msg }}

Load only files the firm is licensed to use, with the licence reference. Pricing uses a loaded AAA curve in place of the public read and says so; Market shows loaded trades; Insurers shows a loaded Schedule D extract; holders see evaluations of their own bonds only if the licence allows. Nothing here is ever public or exported without the export gate.

Secondary interest board

COUNSEL'S WRITTEN VIEW (MEMO REFERENCE AND DATE)

Off until counsel signs off: matching holders with buyers on a platform can make it an alternative trading system. While open, holders with an allocation can post interest to sell in the portal; the desk sees likely buyers and routes each one to the dealer of record. No prices or names pass between holders and buyers here.

Archive and recovery

Nightly: every message, portal exchange, email, call transcript, approved call note and deal notice goes into a write-once journal kept six years, and to the archive vendor’s journal address once one is set. Weekdays: an hourly incremental backup, so the database can be rebuilt to any hour (supabase/restore_asof.py) until Supabase’s paid point-in-time recovery is on.

Desks for other firms

Each firm gets its own database and its own site from the same code (ops/new_desk.sh), so no firm’s investors, books, messages or audit trail can reach another’s.

Import, team database and backups moved to Settings.

Data sources

Contact data quality

Scoring and estimates

›{{ m }}

{{ x.title }}

{{ pageH1 }}

{{ d.n }}

{{ sheetTitle }}

{{ c.h }}

{{ sheetTitle }}