Machine, article, and method for servicing a hedged specified event bond

A method of using a machine in transforming digital data into digital output data, the method including the operations of:

• executing machine-readable instructions with a digital electrical computer which enable the digital electrical computer to:
• access memory storing digital data relating to a bond indenture, the data including:
• terms of a bond indenture, the terms including identity of a bond subject to the bond indenture, an adjustment of a scheduled investor payment if a specified event occurs, and
• requirements that the proceeds from the bond be placed in a bankruptcy-remote entity, an investment be purchased, and at least one risk associated with the investment be hedged, and
• receive and store, by the digital electrical computer, market data so that the market data corresponds to at least some terms of the bond indenture, the specified event, and terms of at least one agreement hedging the at least one risk;
• and
• process, by the digital electrical computer, to transform some of said data into digital output data in determining a payment amount to the entity, a value of assets of the entity, the assets including the investment and the at least one agreement hedging the at least one risk, a scheduled investor payment amount by the entity, whether there has been an occurrence of the specified event, and, if an occurrence is determined, an adjustment of the scheduled investor payment amount;
• store the digital output data;
• and
• output, by the digital electrical computer at an output device, the digital output data comprising at least one of the payment amount to the entity, the value of the assets of the entity, the scheduled investor payment amount, and, if the occurrence is determined, the adjustment in the scheduled investor payment amount.