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City of Ramsey, Minnesota
<br />$1,235,000 General Obligation Street Reconstruction Bonds, Series 2015B
<br />Assumes Current Market BQ AA+ Rates plus 25bps
<br />10 Years
<br />Debt Service Schedule
<br />105% of
<br />Date Principal Coupon Interest Total P+l CIF Net New D/S Total
<br />12/01/2015 9,418.91 9,418.91 (9,418.91) - -
<br />12/01/2016 115,000.00 0.850% 20,802.50 135,802.50 (10,401.25) 125,401.25 131,671.31
<br />12/01/2017 115,000.00 1.050% 19,825.00 134,825.00 134,825.00 141,566.25
<br />12/01/2018 120,000.00 1.250% 18,617.50 138,617.50 138,617.50 145,548.38
<br />12/01/2019 120,000.00 1.400% 17,117.50 137,117.50 137,117.50 143,973.38
<br />12/01/2020 120,000.00 1.650% 15,437.50 135,437.50 135,437.50 142,209.38
<br />12/01/2021 125,000.00 1.750% 13,457.50 138,457.50 138,457.50 145,380.38
<br />12/01/2022 125,000.00 1.900% 11,270.00 136,270.00 136,270.00 143,083.50
<br />12/01/2023 130,000.00 2.050% 8,895.00 138,895.00 138,895.00 145,839.75
<br />12/01/2024 130,000.00 2.300% 6,230.00 136,230.00 136,230.00 143,041.50
<br />12/01/2025 135,000.00 2.400% 3,240.00 138,240.00 138,240.00 145,152.00
<br />Total $1,235,000.00 $144,311.41 $1,379,311.41 (19,820.16) $1,359,491.25 $1,427,465.81
<br />Significant Dates
<br />Dated 6/18/2015
<br />First Coupon Date 12/01/2015
<br />Yield Statistics
<br />Bond Year Dollars $7,529.18
<br />Average Life 6.097 Years
<br />Average Coupon 1.9166948%
<br />Net Interest Cost (NIC) 2.1135289%
<br />True Interest Cost (TIC) 2.1196873%
<br />Bond Yield for Arbitrage Purposes 1.9070086%
<br />All Inclusive Cost (AIC) 2.6511189%
<br />2015B GO Street Reconstru I SINGLE PURPOSE 1 2/23/2015 14:01 PM
<br />0 LEADERS IN PUBLIC FINANCE
<br />EHLERS
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