ELECTRONIC BIDDING METHOD FOR MAXIMIZING THE RATE OF RETURN FOR FUNDS IN EXCESS OF CURRENT REQUIREMENTS

摘要

An electronic method for obtaining bids for investments in guaranteed investment contracts (and similar investment products) and investments purchased for a yield restricted defeasance escrow, includes the steps of providing an investor intermediary computer having a digital data store, inputting data into the digital data store representing the bid specifications of the investment, and providing a digital input/output electronic two-way communications link allowing communication between the investor intermediary computer and a plurality of investment provider computers by means of an electronic two-way communications link. The bid specifications for the investment are transmitted to the plurality of investment provider computers, and the bids for investments received from the investment providers to make a yield-based or fixed price-based investment based on the bid specifications provided for the investment are transmitted from investment provider computers to an investor intermediary computer having a digital data store, by means of an electronic two-way communications link.