Bond Proceeds Management
PMA's Bond Proceeds Management Program (PMA BPM) is a comprehensive service that helps you establish a reliable and sufficient flow of funds, optimize your investment earning and adequately cover projected expenses. Additionally, PMA BPM helps public entities reap significant benefits in the critical areas of investment, arbitrage and reporting.
Tax exempt debt issuers are subject to a long list of Internal Revenue Service (IRS) requirements that dictate how and when they can use their bond proceeds. Through PMA BPM these obligations are fulfilled with as little hassle as possible.
Investment, Arbitrage and Reporting
PMA BPM assists public entities in reaping significant benefits in the critical areas of investment, arbitrage and reporting.
  1. PMA competitively bids client investments across its expansive network of banks and dealers to obtain optimal pricing on client investments.
  2. PMA's local bank participation program allows local institutions to participate in the process if desired.
PMA helps bring a public entity's construction project to life through a comprehensive investment and arbitrage management program that assists in maximizing interest earnings while complying with arbitrage and IRS regulations, existing policies, as well as state and federal statutes.
PMA's specialized monthly reports provide:
  • reliable interest earnings projections.
  • arbitrage spend down status.
  • spending exception tests.
  • monthly updates on potential arbitrage payments.
  • comprehensive portfolio reporting.
For More Information
To open an account, or for more information, contact your WISC representative at 414-225-0099 or email MWiberg@pmanetwork.com.
Download more information about WISC bond proceeds management here.
Other WISC Service Programs
Banking and Cash Management
Cash Flow Management
Bond Proceeds Management
Financial Planning Program
Money Market and Liquid Investment Options
Fixed Income Trading
Credit Risk Analysis
 
800.783.4273 | INFO@INVESTWISC.COM
770 N. JEFFERSON, SUITE 200  |  MILWAUKEE, WI 53202

This information does not represent an offer to sell or a solicitation of an offer to buy or sell shares of the Fund or any other security. Shares in the Fund are sold or bought only based on the information contained in the current Fund Information Statement. The Information Statement contains important information and should be read carefully before investing. While the Fund seeks to maintain a stable net asset value of $1.00 per share, there can be no assurance that the net asset value will not vary from this price. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Fund shares are marketed through PMA Securities, Inc., member FINRA. The yields presented on this website represent past performance and are not a guarantee of future results. The fund may, from time to time, adjust certain management fees and expenses, which may affect the yield.

The daily rate refers to the net income generated over the previous one-day period; the income is then annualized. Fund performance changes over time and current performance may be lower or higher than what is stated. The yields represent past performance and should not be viewed as a guarantee of future results. The most recent yield information can be viewed by selecting “Rate Update” or you can call 1-800-783-4273. The CMS and IS are managed portfolios whose holdings are subject to change. For more complete information, please read the WISC (the “Fund”) information statement before investing with the Fund, which is provided on the WISC website or can be obtained by calling the numbers provided above. You should consider the fund's investment objectives, risks, charges and expenses before you invest. Information about these important subjects are detailed in the information statement, which you should read carefully before investing.

The CMS and IS are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds. The Cash Management Series offers treasury management services while the Investment Series does not. As a result, the expenses are higher for the Cash Management Series than those of the Investment Series. This means that the Investment Series is expected to have a higher net yield than the Cash Management Series. Expenses are detailed in the Information Statement under "Expenses of the Portfolio."

The 30-Day Average Yield for the Limited Term Duration Series is the annualized average of the daily yields for the past 30 days. The daily yields are calculated by dividing the daily net income by the net assets. The net income of the Limited Term Duration Series is not distributed directly to Participants, but serves to increase the net asset value of the Portfolio. Please see the Information Statement for further information.