|
City of Ramsey, Minnesota
<br />$9,845,000 General Obligation CIP Refunding Bonds, Series 2021A
<br />Current Refunding of Series 2012A
<br />Debt Service Schedule
<br />Date
<br />105%
<br />Principal Coupon Interest Total P+I Overlevy
<br />12/15/2021 - - - - -
<br />12/15/2022 785,000.00 3.000% 303,275.56 1,088,275.56 1,142,689.34
<br />12/15/2023 865,000.00 3.000% 238,900.00 1,103,900.00 1,159,095.00
<br />12/15/2024 910,000.00 3.000% 212,950.00 1,122,950.00 1,179,097.50
<br />12/15/2025 955,000.00 3.000% 185,650.00 1,140,650.00 1,197,682.50
<br />12/15/2026 985,000.00 3.000% 157,000.00 1,142,000.00 1,199,100.00
<br />12/15/2027 1,010,000.00 3.000% 127,450.00 1,137,450.00 1,194,322.50
<br />12/15/2028 1,045,000.00 3.000% 97,150.00 1,142,150.00 1,199,257.50
<br />12/15/2029 1,070,000.00 2.000% 65,800.00 1,135,800.00 1,192,590.00
<br />12/15/2030 1,100,000.00 2.000% 44,400.00 1,144,400.00 1,201,620.00
<br />12/15/2031 1,120,000.00 2.000% 22,400.00 1,142,400.00 1,199,520.00
<br />Total $9,845,000.00
<br />$1,454,975.56
<br />$11,299,975.56 $11,864,974.34
<br />Significant Dates
<br />Dated
<br />First Coupon Date
<br />Yield Statistics
<br />10/19/2021
<br />6/15/2022
<br />Bond Year Dollars $58,556.44
<br />Average Life
<br />Average Coupon
<br />5.948 Years
<br />2.4847403%
<br />Net Interest Cost (NIC) 1.2110111%
<br />True Interest Cost (TIC) 1.1583268%
<br />Bond Yield for Arbitrage Purposes 0.9414272%
<br />All Inclusive Cost (AIC) 1.2927905%
<br />IRS Form 8038
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />Series 2021A GO CIP Ref B I SINGLE PURPOSE 1 9/28/2021 1 10:35 AM
<br />1.0201851%
<br />5.941 Years
<br />EHLERS
<br />
|