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City of Ramsey, Minnesota
<br />$1,425,000 General Obligation Street Reconstruction Bonds, Series 2016
<br />Road Reconstruction
<br />Assumes Current Market BQ AA+ Rates plus 25bps
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />07/21/2016 - - - -
<br />06/15/2017 - 19,550.25 19,550.25 -
<br />12/15/2017 130,000.00 1.050% 10,861.25 140,861.25 160,411.50
<br />06/15/2018 - 10,178.75 10,178.75 -
<br />12/15/2018 140,000.00 1.150% 10,178.75 150,178.75 160,357.50
<br />06/15/2019 - 9,373.75 9,373.75 -
<br />12/15/2019 140,000.00 1.250% 9,373.75 149,373.75 158,747.50
<br />06/15/2020 - 8,498.75 8,498.75 -
<br />12/15/2020 140,000.00 1.350% 8,498.75 148,498.75 156,997.50
<br />06/15/2021 - 7,553.75 7,553.75 -
<br />12/15/2021 145,000.00 1.500% 7,553.75 152,553.75 160,107.50
<br />06/15/2022 - 6,466.25 6,466.25 -
<br />12/15/2022 145,000.00 1.600% 6,466.25 151,466.25 157,932.50
<br />06/15/2023 - 5,306.25 5,306.25 -
<br />12/15/2023 145,000.00 1.650% 5,306.25 150,306.25 155,612.50
<br />06/15/2024 - 4,110.00 4,110.00 -
<br />12/15/2024 145,000.00 1.750% 4,110.00 149,110.00 153,220.00
<br />06/15/2025 - 2,841.25 2,841.25 -
<br />12/15/2025 145,000.00 1.850% 2,841.25 147,841.25 150,682.50
<br />06/15/2026 - 1,500.00 1,500.00 -
<br />12/15/2026 150,000.00 2.000% 1,500.00 151,500.00 153,000.00
<br />Total $1,425,000.00 - $142,069.00 $1,567,069.00 -
<br />Yield Statistics
<br />Bond Year Dollars $8,535.00
<br />Average Life 5.989 Years
<br />Average Coupon 1.6645460%
<br />Net Interest Cost (NIC) 1.8648975%
<br />True Interest Cost (TIC) 1.8731507%
<br />Bond Yield for Arbitrage Purposes 1.6600709%
<br />All Inclusive Cost (AIC) 2.2753902%
<br />IRS Form 8038
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />1.6645460%
<br />5.989 Years
<br />2016 GO Road Reconstructi I Road Reconstruction 1 5/19/2016 19:28 AM
<br />0 LEADERS IN PUBLIC FINANCE
<br />EHLERS
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