DALLAS — After scrutiny from the Internal Revenue Service over a previous issue of Build America Bonds, Austin is forgoing BABs in its sale of $145 million of general obligation debt this week.

The combination of GOs, certificates of obligation, and contractual obligations will be auctioned competitively through the Parity system on Thursday, with a 30-minute window for bids on each of the four deals beginning at 9 a.m. Central Daylight Time.

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