|
02/09/2015
<br /> $17,860,000
<br /> Redwood City Public Financing Authority
<br /> Water Revenue Refunding Bonds,Series 2015
<br /> Bond Pricing Report
<br /> Original Issue
<br /> Yield to Call Call Premium
<br /> Date Principal Coupon Yield Price MaturitY Date Price (Discount)
<br /> 2/1/16 570,000 2.00% 0.50% 101.046 5,962.20
<br /> 2/1/17 580,000 4.00% 0.85% 105.304 30,763.20
<br /> 2/1/18 605,000 4.00% 1.10% 107.692 46,536.60
<br /> 2/1/19 630,000 4.00% 1.45% 109.152 57,657.60
<br /> 2/1/20 655,000 5.00% 1.80% 1 14.356 94,031.80
<br /> 2/1/21 685,000 5.00% 2.10% 115.499 106,168.15
<br /> 2/1/22 720,000 5.00% 2.35% 116.335 117,612.00
<br /> 2/1/23 760,000 5.00% 2.55% 117.026 129,397.60
<br /> 2/1/24 795,000 5.00% 2.70% 117.723 140,897.85
<br /> 2/1/25 835,000 5.00% 2.90% 1 17.640 147,294.00
<br /> 2/1/26 875,000 5.009�6 3.05% 116.262 C 3.19% 2/1/25 100.00 142,292.50
<br /> 2/1/27 920,000 5.00% 3.10% 115.807 C 3.35% 2/1/25 100.00 145,424.40
<br /> 2/1/28 965,000 5.00% 3.20% 114.903 C 3.53% 2/1/25 100.00 143,813.95
<br /> 2/1/29 1,015,000 5.00% 3.2595 1 14.455 C 3.65% 2/1/25 100.00 146,718.25
<br /> 2/1/30 1,065,000 5.00% 3.30% 114.008 C 3.75% 2/1/25 100.00 149,185.20
<br /> 2/1/31 1,120,000 5.00% 3.40% 113.121 C 3.88% 2/1/25 100.00 146,955Z0
<br /> 2/1/32 1,175,000 5.00% 3.45% 112.680 C 3.95% 2/1/25 100.00 148,990.00
<br /> 2/1/33 1,235,000 5.00% 3.50% 112.242 C 4.039b 2/1/25 100.00 151,188.70
<br /> 2/1/34 1,295,000 5.00% 3.55% 1 1 1.806 C 4.0946 2/1/25 100.00 152,887.70
<br /> 2/1/35 1,360,000 5.00% 3.60% 1 1 1.371 C 4.1 5% 2/1/25 100.00 154,645.60
<br /> 17,860,000.00 2,358,422.50
<br /> Par Amount 17,860,000.00
<br /> Premium(Discount) 2,358,422.50
<br /> Gross 20,218,422.50
<br /> Underwriters Discount (178,600.00)
<br /> Bid 20,039,822.50 112.205
<br /> Accrued -
<br /> Net to Issuer 20,039,822.50
<br /> Gross Interest Cost 10,440,625.00
<br /> Net OIP(OID) 2,179,822.50
<br /> Net Interest Cost 8,260,802.50
<br /> NIC 3.46287% using 112.205
<br /> TIC 3.62664% using 112.205
<br /> Bond Years 181,640
<br /> Average Coupon 4.38%
<br /> Average Life 1 1.76 years
<br /> Dated 5/19/15
<br /> Delivery 5/19/15
<br /> Call Date 2/1/25
<br /> Safe Harbor Price 102.25
<br /> 3 RESO.#15391
<br /> MUFF#505
<br />
|