UNIVERSITY OF CINCINNATI JUNE 30, 2008
- Bonds and Notes Payable
Bonds and notes payable at June 30, comprise the following (in thousands):(^) Maturity
(^) Issue Dates Interest Outstanding Debt
Bond Series – Fixed Rate Debt Date Through Rate 2008 2007
T, X, Y, AA, AG, AH 1998 2014 4.65-5.50% $ 11,795 $ 15,855
Z, AC 1997 2012 5.05-5.15% 1,135 2,705
AD 1997 2010 5.05% 935 1,820
AL, AM, AN 1998 2018 4.40-4.75% 3,800 4,555
AL-1, AO 1999 2013 5.05-5.50% 3,985 4,670
AQ, AT, AU, AV, AZ 2000 2015 5.25-5.50% 2,645 3,145
2001A 2001 2031 5.00-5.50% 106,060 112,775
2002A 2002 2022 3.85-4.875% 4,480 4,710
2002D 2002 2022 4.00-5.00% 3,340 3,665
2002F 2003 2024 3.55-5.375% 26,710 28,370
2002G 2003 2031 3.50-5.00% 11,230 12,250
2003C 2003 2026 4.00-5.00% 69,155 73,940
2004A 2004 2031 2.25-5.00% 56,430 63,405
2004D 2004 2026 2.50-5.00% 49,095 50,050
2004E 2005 2021 2.80-5.00% 21,240 22,505
2005A 2005 2020 3.10-5.00% 69,410 69,410
2005D 2006 2019 4.00-5.00% 20,410 20,410
2006A 2006 2031 3.50-5.00% 52,035 54,075
2007A 2007 2031 3.55-5.00% 78,015 78,445
2007G 2008 2034 3.75-5.00% 89,170 0
2008C 2008 2031 3.00-5.00% 39,280 0
Total bonds payable – fixed rate debt $720,355 $626,760
Bond Series – Variable Rate Debt
Average
Interest Rate
Since
Issuance
2004B – Auction Mode 2004 2008 2.79% $ 0 $40,000
2004B – Weekly Mode 2004 2031 3.01% 99,055 101,295
2007B – Weekly Mode 2007 2020 3.85% 38,355 39,955
2008B – Weekly Mode 2008 2024 3.27% 35,915 (^0)
Total bonds payable – variable rate
debt
173,325
181,250
Total bonds payable
$893,680
$808,010