The Treasury Department says the latest total of Build America Bonds shows the temporary financing option—which will expire in about seven weeks—continues to account for about one-fifth of the municipal bond market.
Many hospitals that turn to the municipal bond market to finance construction or technology cannot issue Build America Bonds, which are limited to government borrowers. For example, county-owned hospitals can use (and have used) the Build America Bonds; private, not-for-profit hospitals cannot. Read more at Melanie Evans' Of Interest blog. »