|
<br />
<br />City of St Anthony, Minnesota
<br />$1,510,000 General Obligation Improvement Bonds, Series 2016A
<br />Assumes Current Market BQ AA Rates plus 25bps
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />06/01/2016 -----
<br />02/01/2017 --19,523.33 19,523.33 19,523.33
<br />08/01/2017 --14,642.50 14,642.50 -
<br />02/01/2018 95,000.00 1.000%14,642.50 109,642.50 124,285.00
<br />08/01/2018 --14,167.50 14,167.50 -
<br />02/01/2019 95,000.00 1.100%14,167.50 109,167.50 123,335.00
<br />08/01/2019 --13,645.00 13,645.00 -
<br />02/01/2020 95,000.00 1.250%13,645.00 108,645.00 122,290.00
<br />08/01/2020 --13,051.25 13,051.25 -
<br />02/01/2021 95,000.00 1.350%13,051.25 108,051.25 121,102.50
<br />08/01/2021 --12,410.00 12,410.00 -
<br />02/01/2022 95,000.00 1.500%12,410.00 107,410.00 119,820.00
<br />08/01/2022 --11,697.50 11,697.50 -
<br />02/01/2023 95,000.00 1.700%11,697.50 106,697.50 118,395.00
<br />08/01/2023 --10,890.00 10,890.00 -
<br />02/01/2024 100,000.00 1.800%10,890.00 110,890.00 121,780.00
<br />08/01/2024 --9,990.00 9,990.00 -
<br />02/01/2025 100,000.00 2.000%9,990.00 109,990.00 119,980.00
<br />08/01/2025 --8,990.00 8,990.00 -
<br />02/01/2026 100,000.00 2.100%8,990.00 108,990.00 117,980.00
<br />08/01/2026 --7,940.00 7,940.00 -
<br />02/01/2027 100,000.00 2.200%7,940.00 107,940.00 115,880.00
<br />08/01/2027 --6,840.00 6,840.00 -
<br />02/01/2028 105,000.00 2.250%6,840.00 111,840.00 118,680.00
<br />08/01/2028 --5,658.75 5,658.75 -
<br />02/01/2029 105,000.00 2.450%5,658.75 110,658.75 116,317.50
<br />08/01/2029 --4,372.50 4,372.50 -
<br />02/01/2030 110,000.00 2.550%4,372.50 114,372.50 118,745.00
<br />08/01/2030 --2,970.00 2,970.00 -
<br />02/01/2031 110,000.00 2.600%2,970.00 112,970.00 115,940.00
<br />08/01/2031 --1,540.00 1,540.00 -
<br />02/01/2032 110,000.00 2.800%1,540.00 111,540.00 113,080.00
<br />Total $1,510,000.00 -$297,133.33 $1,807,133.33 -
<br />Yield Statistics
<br />
<br />Bond Year Dollars $13,436.67
<br />Average Life 8.898 Years
<br />Average Coupon 2.2113619%
<br />
<br />Net Interest Cost (NIC)2.3462168%
<br />True Interest Cost (TIC)2.3451752%
<br />Bond Yield for Arbitrage Purposes 2.1928007%
<br />All Inclusive Cost (AIC)2.6511390%
<br />
<br />IRS Form 8038
<br />Net Interest Cost 2.2113619%
<br />Weighted Average Maturity 8.898 Years
<br />2016A GO Imp Bonds - Pres | SINGLE PURPOSE | 3/15/2016 | 9:10 AM
<br />
<br />29
|