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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 />105%
<br />Date Principal Coupon Interest Total P+I Overlevy
<br />12/15/2016 - - - - -
<br />12/15/2017 30,000.00 1.050% 6,632.50 36,632.50 38,464.13
<br />12/15/2018 30,000.00 1.150% 4,422.50 34,422.50 36,143.63
<br />12/15/2019 30,000.00 1.250% 4,077.50 34,077.50 35,781.38
<br />12/15/2020 30,000.00 1.350% 3,702.50 33,702.50 35,387.63
<br />12/15/2021 30,000.00 1.500% 3,297.50 33,297.50 34,962.38
<br />12/15/2022 30,000.00 1.600% 2,847.50 32,847.50 34,489.88
<br />12/15/2023 30,000.00 1.650% 2,367.50 32,367.50 33,985.88
<br />12/15/2024 30,000.00 1.750% 1,872.50 31,872.50 33,466.13
<br />12/15/2025 35,000.00 1.850% 1,347.50 36,347.50 38,164.88
<br />12/15/2026 35,000.00 2.000% 700.00 35,700.00 37,485.00
<br />Total $310,000.00 - $31,267.50 $341,267.50 $358,330.88
<br />Significant Dates
<br />Dated 7/21/2016
<br />First Coupon Date 6/15/2017
<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 />$1,869.00
<br />6.029 Years
<br />1.6729535%
<br />1.8719904%
<br />1.8802124%
<br />1.6600709%
<br />2.2722910%
<br />IRS Form 8038
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />1.6729535%
<br />6.029 Years
<br />2016 GO Road Reconstructi I Overlay 1 5/19/2016 19:28 AM
<br />1611 LEADERS IN PUBLIC FINANCE
<br />EHLERS
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