CHICAGO — The top-rated Metropolitan Water Reclamation District of Greater Chicago aims to enter the market Wednesday with $500 million of mostly taxable Build America Bonds — but it may reduce, restructure, or postpone the sale depending on interest rates.

“We are proceeding as planned at the moment, but the market is volatile and so we are examining size and structure,” said district Treasurer Harold Downs. “With the volume out there, our triple-A may not be recognized for its value.”

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