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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 assists public entities 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 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:
  • Interest earnings projections.
  • Arbitrage spend down status.
  • Spending exception tests.
  • Monthly updates on potential arbitrage payments.
  • Comprehensive portfolio reporting.
Download more information about Bond Proceeds Management here.
Other FL SAFE Service Programs
Cash Flow Management
Bond Proceeds Management
Financial Planning Program
Fixed Income Investment Program
Credit Risk Analysis
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7380 Sand Lake Road, Suite 650  |  Orlando, FL 32819

FL SAFE investment options include the FL SAFE Stable NAV Fund and FL SAFE Variable NAV Fund as separate managed investment portfolios whose holdings are subject to change, and Term Series portfolios (collectively “Funds”). Shares in FL SAFE Funds are offered and sold only based on the information contained in the current FL SAFE Information Statement which can be found here or can be obtained by calling 855.202.9650. These Funds are only offered and sold to units of local government under Florida statues as eligible participants in FL SAFE.

The Funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Stable NAV Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in this fund. The Variable NAV Fund seeks to provide current income while maintaining limited price volatility. The Variable NAV Fund has a floating net asset value, and the net asset value of a Participant’s investment could decline below the amount originally invested by the Participant. You should consider the applicable Fund's investment objectives, risks, charges and expenses detailed in the Information Statement before you invest.

Information in the Knowledge Center and elsewhere on this website is intended for institutional investors and has been published for informational and educational purposes only. The information should not be considered as investment advice or a recommendation of any particular security, strategy or investment product, which may only be done after client suitability is reviewed and determined. This information does not represent an offer or solicitation to buy or sell shares of the FL SAFE Funds, or any other security. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. Past performance is not a guarantee of future results. The FL SAFE service providers may, from time to time, voluntarily waive certain fees and expenses, which may affect the yield. Expenses are detailed in the Information Statement under "Fees and Expenses of the Funds."

FL SAFE Fund shares are marketed through PMA Securities, LLC., a broker-dealer and municipal advisor registered with the SEC and MSRB, and member of FINRA and SIPC. FL SAFE Fixed Income Investment Program investments are offered and sold through PMA Securities, LLC. and its affiliate, PMA Financial Network, LLC., which serves as Operational Manager to FL SAFE. PMA Asset Management, LLC., an SEC registered investment adviser and PMA affiliate, serves as the investment advisor to FL SAFE and Florida Management Administrative Services, LLC (FMAS) serves as Administrator to FL SAFE.