FlexGIA™ is a form of high quality, short duration, floating rate debt obligation issued by special purpose insurance companies, each an IAC™ Insurer. Each payment of interest and repayment of principal is backed by US government obligations, or other government obligations designated in acceptable currencies. Bespoke Series of FlexGIA™ may be issued. 

A portfolio of FlexGIA™ may provide diversification in interest crediting rates with an agreed lifetime and annual cap and floor structure, as well as providing diversification in timing of prepayment and its"look back make whole" prepayment premium. These instruments are designed to mitigate market valuation volatilty and maintain high credit quality.

IAC™ Insurers may provide a wide range of funding facilities for Communities whose depository institutions, insurance companies, local municipal governments and investment funds participate in FlexGIA™ Series.

FLEXLoan™ represents a form of long-term loan suited for commercial real estate, hospitality properties, industrial and infrastructure projects, requiring long-term financing. For long-life collateral, loan terms may extend to 50+ years.

FLEXLoan™ is designed to benefit loan restructuing without classification as a Troubled Debt Restructuring. In addition, a lender may benefit from increased service fee income and recognise a gain in interest income and a reduction in risk exposures. 

The framework provides an amendment approach to "distressed assets". Interest rates may be market responsive, and payments may benefit from forbearance in difficult economic times. FlexLoan™ may be issued without amortization, and periodic payments may be mapped to project cashflows.

Originating Lender retains 10% or less of original loan amount, and provides long-term loan servicing. Loan participations may be bundled into Volcker Rule Credit Facilities for domestic and international acquisition of pari-passu participations.

FLEXnote™ provides a bespoke approach to "De-Securitisation", i.e. converting structured debt products to Zero Coupon Notes which may be converted to participations in Controlled Electronic Records, a form of intellectual property asset, which may benefit from quarterly Net Asset Value reporting and market pricing.

FLEXnote™ loan obligation holders benefit from periodic participations. While a zero-coupon obligation is due at loan maturity, periodically, a portion of a FLEXnote™ is participated to the collateral provider through a purchase, reducing a holders exposure with recognition of agreed gain. 

FLEXnote™ is designed to increase regulatory capital and structurally mitigate market, credit, operation and systemic risks for Depository Institutions, Insurance Companies, Portfolio Funds, and other institutional investors. These debt obligations also provide an opportunity for accredited parties.

Each FLEXnote™ is not intended to be a "securitisation", as it is issued by an operating borrower and collateral supporting re-purchase of a FLEXnote is derived from various forms of operating income.

FlexBond™ -The following information represents an overview of a form of debt obligation designed to be issued in monetary units, each of which is linked to a Controllable Electronic Record (“CER”), subject to a form of indenture agreement, including a physical and/or digital instantiation of such FlexBond which assures long-term persistence. FlexBonds are designed to provide funding supported by collateral held by a third party in a statutorily protected manner.

Issuer: FlexBond is issued by a “legal person” (“Borrower”), or co-issued by one or more legal persons (“Borrowers”), under terms set forth therein, subject to terms of its applicable indenture agreement.

Currency: FlexBond may be denominated in such “currency” as set forth in the FlexBond.

Denomination: FlexBond shall be denominated in currency units as specified in the applicable FlexBond, divisible in a minimum number of currency units as stated in the FlexBond. For example, a USD$1 million FlexBond, divisible in Principal units of USD$1,000, may be separated into 1,000 individual FlexBonds, each representing USD$1,000 of Principal amount as defined hereafter.

Controllable Electronic Record: Each FlexBond™ shall be issued subject to a Controllable Electronic Record (“CER”), uniquely identified with a Quantum ID, in a digital form, as well as a digital and/or physical instantiation capable of being held in “safekeeping” in a form which may be reasonably persisted for its term + 10 years, with an qualified counterparty.

FlexBond Holder: A holder of a FlexBond™ shall be deemed to be the party or parties in whose care the CER is entrusted (the “Bondholder(s)”).

Beneficial Holder: A FlexBond may be beneficially owned by a party or parties having “beneficial rights” in a FlexBond (“Beneficial Holder(s)”) as set forth under the terms of the applicable indenture agreement.

Term: FlexBond may be issued for such term agreed between Borrower(s) and initial Bondholder(s).

Principal: FlexBond shall be issued in a Principal amount (“Principal”) as set forth in the FlexBond.

Maturity: The Principal amount as set forth in the FlexBond at issuance, shall be repayable to Bondholder(s) on a defined date or event (“Maturity”) as set forth in the FlexBond.

Consideration: Consideration for a FlexBond at issuance shall be its Principal amount, subject to a discount or premium to Principal amount, as agreed at issuance between Borrower(s) and Bondholder(s) (the “Parties”).

Interest: FlexBond is payable as set forth in the FlexBond, calculated at a rate and/or in a manner established therein.

Separable Principal and Interest: Principal and interest components may be separated into distinct CERs, as provided in the applicable indenture agreement.

Collateral: Terms of applicable collateral shall be set forth and governed under the applicable indenture agreement and associated documents.

Guarantee: FlexBond may include various terms and conditions of third party guarantees.

Transfer: Terms and conditions of transfer shall be subject to the respective indenture agreement. Such provisions may determine whether a FlexBond is considered a “loan” or “security”.

Digital Wallet: FlexBond™ may be designed to operate within a “digital wallet”.

FlexCD™ is a framework for capital and subordinated debt for regulatory institutions, including banks and insurance companies.

FlexETF™ is designed to facilitate inclusion of FlexGIA™, FLEXBond™, FlexLoan™, FLEXnote™, FLEXCD™ into Exchange Tradeable Funds ("ETF") in an optimised fashion providing ETF holders diversification and market access, while providing ETF asset issuers with benefits of liquidity and diversification, designed to lower cost of financing for these issuers.

FlexGuarantee™ represents a debt protocol transforming loans into collateralised national and/or supranational credit obligations. This framework may be implemented through Bondholder Insurance and other forms of financial guarantees issued by IAC™ Insurers, the guarantees and risk policies of which have resulted in the highest ratings of US international rating agencies.