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City of Ramsey, Minnesota
<br />$310,000 General Obligation Street Reconstruction Bonds, Series 2016
<br />Overlay
<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 - - 4,263.75 4,263.75 -
<br />12/15/2017 30,000.00 1.050% 2,368.75 32,368.75 36,632.50
<br />06/15/2018 - - 2,211.25 2,211.25 -
<br />12/15/2018 30,000.00 1.150% 2,211.25 32,211.25 34,422.50
<br />06/15/2019 - - 2,038.75 2,038.75 -
<br />12/15/2019 30,000.00 1.250% 2,038.75 32,038.75 34,077.50
<br />06/15/2020 - 1,851.25 1,851.25 -
<br />12/15/2020 30,000.00 1.350% 1,851.25 31,851.25 33,702.50
<br />06/15/2021 - - 1,648.75 1,648.75 -
<br />12/15/2021 30,000.00 1.500% 1,648.75 31,648.75 33,297.50
<br />06/15/2022 - - 1,423.75 1,423.75 -
<br />12/15/2022 30,000.00 1.600% 1,423.75 31,423.75 32,847.50
<br />06/15/2023 - - 1,183.75 1,183.75 -
<br />12/15/2023 30,000.00 1.650% 1,183.75 31,183.75 32,367.50
<br />06/15/2024 - - 936.25 936.25 -
<br />12/15/2024 30,000.00 1.750% 936.25 30,936.25 31,872.50
<br />06/15/2025 - 673.75 673.75 -
<br />12/15/2025 35,000.00 1.850% 673.75 35,673.75 36,347.50
<br />06/15/2026 - - 350.00 350.00 -
<br />12/15/2026 35,000.00 2.000% 350.00 35,350.00 35,700.00
<br />Total $310,000.00 $31,267.50 $341,267.50
<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 />IRS Form 8038
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />$1,869.00
<br />6.029 Years
<br />1.6729535%
<br />1.8719904%
<br />1.8802124%
<br />1.6600709%
<br />2.2722910%
<br />1.6729535%
<br />6.029 Years
<br />2016 GO Road Reconstructi I Overlay 1 5/19/2016 19:28 AM
<br />0 LEADERS IN PUBLIC FINANCE
<br />EHLERS
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