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City of Ramsey, Minnesota
<br />$895,000 General Obligation Road Reconstruction Bonds, Series 2017A
<br />Issue Summary
<br />Assumes Current Market BQ AA+ Rates plus 25bps
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />08/17/2017 - - - -
<br />06/15/2018 - - 13,747.32 13,747.32
<br />12/15/2018 80,000.00 1.250% 8,303.75 88,303.75 102,051.07
<br />06/15/2019 - - 7,803.75 7,803.75
<br />12/15/2019 85,000.00 1.350% 7,803.75 92,803.75 100,607.50
<br />06/15/2020 - - 7,230.00 7,230.00
<br />12/15/2020 90,000.00 1.550% 7,230.00 97,230.00 104,460.00
<br />06/15/2021 - - 6,532.50 6,532.50
<br />12/15/2021 90,000.00 1.650% 6,532.50 96,532.50 103,065.00
<br />06/15/2022 - - 5,790.00 5,790.00
<br />12/15/2022 90,000.00 1.750% 5,790.00 95,790.00 101,580.00
<br />06/15/2023 - - 5,002.50 5,002.50
<br />12/15/2023 90,000.00 1.950% 5,002.50 95,002.50 100,005.00
<br />06/15/2024 - - 4,125.00 4,125.00
<br />12/15/2024 90,000.00 2.050% 4,125.00 94,125.00 98,250.00
<br />06/15/2025 - - 3,202.50 3,202.50
<br />12/15/2025 90,000.00 2.200% 3,202.50 93,202.50 96,405.00
<br />06/15/2026 - - 2,212.50 2,212.50
<br />12/15/2026 90,000.00 2.250% 2,212.50 92,212.50 94,425.00
<br />06/15/2027 - - 1,200.00 1,200.00
<br />12/15/2027 100,000.00 2.400% 1,200.00 101,200.00 102,400.00
<br />Total 5895,000.00
<br />Yield Statistics
<br />$108,248.57 $1,003,248.57
<br />Bond Year Dollars $5,323.36
<br />Average Life 5.948 Years
<br />Average Coupon 2.0334628%
<br />Net Interest Cost (NIC) 2.2856531%
<br />True Interest Cost (TIC) 2.2989993%
<br />Bond Yield for Arbitrage Purposes 2.0248218%
<br />All Inclusive Cost (AIC) 2.9977870%
<br />IRS Form 8038
<br />Net Interest Cost 2.0334628%
<br />Weighted Average Maturity
<br />2017 GO Road Reconstructi I Issue Summary 1 6/22/2017 11:59 PM
<br />5.948 Years
<br />011 LEADERS IN PUBLIC FINANCE
<br />EHLERS
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