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City of Ramsey, Minnesota
<br />$10,700,000 General Obligation CIP Refunding Bonds, Series 201A
<br />Proposed Current Refunding of Series 2012A
<br />Assuming GO Non-BQ "AA+" Market Rates + 15 bps
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />10/19/2021 - - - - -
<br />06/15/2022 - - 64,092.03 64,092.03 -
<br />12/15/2022 980,000.00 0.400% 48,883.75 1,028,883.75 1,092,975.78
<br />06/15/2023 - - 46,923.75 46,923.75 -
<br />12/15/2023 1,020,000.00 0.500% 46,923.75 1,066,923.75 1,113,847.50
<br />06/15/2024 - - 44,373.75 44,373.75 -
<br />12/15/2024 1,040,000.00 0.600% 44,373.75 1,084,373.75 1,128,747.50
<br />06/15/2025 - - 41,253.75 41,253.75 -
<br />12/15/2025 1,065,000.00 0.700% 41,253.75 1,106,253.75 1,147,507.50
<br />06/15/2026 - - 37,526.25 37,526.25 -
<br />12/15/2026 1,070,000.00 0.800% 37,526.25 1,107,526.25 1,145,052.50
<br />06/15/2027 - - 33,246.25 33,246.25 -
<br />12/15/2027 1,080,000.00 0.900% 33,246.25 1,113,246.25 1,146,492.50
<br />06/15/2028 - - 28,386.25 28,386.25 -
<br />12/15/2028 1,090,000.00 1.050% 28,386.25 1,118,386.25 1,146,772.50
<br />06/15/2029 - - 22,663.75 22,663.75 -
<br />12/15/2029 1,100,000.00 1.250% 22,663.75 1,122,663.75 1,145,327.50
<br />06/15/2030 - - 15,788.75 15,788.75 -
<br />12/15/2030 1,120,000.00 1.350% 15,788.75 1,135,788.75 1,151,577.50
<br />06/15/2031 - - 8,228.75 8,228.75 -
<br />12/15/2031 1,135,000.00 1.450% 8,228.75 1,143,228.75 1,151,457.50
<br />Total $10,700,000.00 $669,758.28 $11,369,758.28
<br />Yield Statistics
<br />Bond Year Dollars
<br />Average Life
<br />Average Coupon
<br />$61,754.44
<br />5.771 Years
<br />1.0845507%
<br />Net Interest Cost (NIC) 1.2578176%
<br />True Interest Cost (TIC) 1.2615204%
<br />Bond Yield for Arbitrage Purposes 1.0804394%
<br />All Inclusive Cost (AIC) 1.4037002%
<br />IRS Form 8038
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />Series 2021A GO CIP Ref B I SINGLE PURPOSE 18/ 9/2021 1 12:28 PM
<br />1.0845507%
<br />5.771 Years
<br />INEHLERs
<br />PUBLIC FINANCE ADVISORS
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