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<br />City of St Anthony, Minnesota
<br />$3,100,000 General Obligation Bonds, Series 2021A
<br />Issue Summary - New Money & Current Ref 2013B
<br />Assumes Current Market BQ AA Rates plus 20bps
<br />Derivation Of Form 8038 Yield Statistics
<br />Maturity
<br />Issuance
<br />Value Coupon Price
<br />Issuance
<br />Price Exponent Bond Years
<br />05/18/2021 ------
<br />02/01/2022 120,000.00 0.350%100.000%120,000.00 0.7027778x 84,333.33
<br />02/01/2023 285,000.00 0.400%100.000%285,000.00 1.7027778x 485,291.67
<br />02/01/2024 290,000.00 0.450%100.000%290,000.00 2.7027778x 783,805.56
<br />02/01/2025 280,000.00 0.500%100.000%280,000.00 3.7027778x 1,036,777.78
<br />02/01/2026 280,000.00 0.550%100.000%280,000.00 4.7027778x 1,316,777.78
<br />02/01/2027 280,000.00 0.650%100.000%280,000.00 5.7027778x 1,596,777.78
<br />02/01/2028 280,000.00 0.750%100.000%280,000.00 6.7027778x 1,876,777.78
<br />02/01/2029 285,000.00 0.900%100.000%285,000.00 7.7027778x 2,195,291.67
<br />02/01/2030 170,000.00 1.000%100.000%170,000.00 8.7027778x 1,479,472.22
<br />02/01/2031 170,000.00 1.100%100.000%170,000.00 9.7027778x 1,649,472.22
<br />02/01/2032 175,000.00 1.200%100.000%175,000.00 10.7027778x 1,872,986.11
<br />02/01/2033 95,000.00 1.250%100.000%95,000.00 11.7027778x 1,111,763.89
<br />02/01/2034 95,000.00 1.350%100.000%95,000.00 12.7027778x 1,206,763.89
<br />02/01/2035 95,000.00 1.450%100.000%95,000.00 13.7027778x 1,301,763.89
<br />02/01/2036 100,000.00 1.550%100.000%100,000.00 14.7027778x 1,470,277.78
<br />02/01/2037 100,000.00 1.600%100.000%100,000.00 15.7027778x 1,570,277.78
<br />Total $3,100,000.00 --$3,100,000.00 -$21,038,611.11
<br />Description of Bonds
<br />Final Maturity Date 2/01/2037
<br />Issue price of entire issue 3,100,000.00
<br />Stated Redemption at Maturity 3,100,000.00
<br />Weighted Average Maturity = Bond Years/Issue Price 6.787 Years
<br />Bond Yield for Arbitrage Purposes 1.0136593%
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<br />Uses of Proceeds of Issue
<br />Proceeds used for accrued interest -
<br />Proceeds used for bond issuance costs (including underwriters' discount) 95,200.00
<br />Proceeds used for credit enhancement -
<br />Proceeds allocated to reasonably required reserve or replacement fund -
<br />
<br />Description of Refunded Bonds
<br />Proceeds used to currently refund prior issue 3,234,939.17
<br />Proceeds used to advance refund prior issue -
<br />Remaining weighted average maturity of the bonds to be currently refunded 4.290 Years
<br />Remaining weighted average maturity of the bonds to be advance refunded -
<br />Last date on which the refunded bonds will be called 6/01/2021
<br />Series 2021A GO Bds CR 13 | Issue Summary | 2/19/2021 | 12:38 PM
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