|
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 105% of Total Assessments Levy/(Surplus)
<br />12/15/2016 - - -
<br />12/15/2017 130,000.00 1.050% 30,411.50 160,411.50 168,432.08 51,101.45 117,330.63
<br />12/15/2018 140,000.00 1.150% 20,357.50 160,357.50 168,375.38 50,279.88 118,095.50
<br />12/15/2019 140,000.00 1.250% 18,747.50 158,747.50 166,684.88 48,801.06 117,883.82
<br />12/15/2020 140,000.00 1.350% 16,997.50 156,997.50 164,847.38 47,322.24 117,525.14
<br />12/15/2021 145,000.00 1.500% 15,107.50 160,107.50 168,112.88 45,843.42 122,269.46
<br />12/15/2022 145,000.00 1.600% 12,932.50 157,932.50 165,829.13 44,364.60 121,464.53
<br />12/15/2023 145,000.00 1.650% 10,612.50 155,612.50 163,393.13 42,885.78 120,507.35
<br />12/15/2024 145,000.00 1.750% 8,220.00 153,220.00 160,881.00 41,406.96 119,474.04
<br />12/15/2025 145,000.00 1.850% 5,682.50 150,682.50 158,216.63 39,928.14 118,288.49
<br />12/15/2026 150,000.00 2.000% 3,000.00 153,000.00 160,650.00 38,449.32 122,200.68
<br />Total $1,425,000.00 - $142,069.00 $1,567,069.00 $1,645,422.45 $450,382.85 $1,195,039.60
<br />Significant Dates
<br />Dated
<br />First Coupon Date
<br />Yield Statistics
<br />Bond Year Dollars
<br />Average Life
<br />Average Coupon
<br />Net Interest Cost (NIC)
<br />True Interest Cost (TIC)
<br />Bond Yield for Arbitrage Purposes
<br />All Inclusive Cost (AIC)
<br />7/21/2016
<br />6/15/2017
<br />$8,535.00
<br />5.989 Years
<br />1.6645460%
<br />1.8648975%
<br />1.8731507%
<br />1.6600709%
<br />2.2753902%
<br />2016 GO Road Reconstructi I Road Reconstruction 1 5/19/2016 19:28 AM
<br />leLEADERS IN PUBLIC FINANCE
<br />EHLERS
<br />
|