DALLAS - Dallas Area Rapid Transit expects to make history with its record $1 billion bond issue today. The triple-A rated deal is not only DART's largest ever, but the biggest in the Southwest so far this year.

And at $750 million, the Build America Bond component also represents the largest issue of the federally subsidized taxable debt by a local government agency since the bonds were authorized under the American Recovery and Reinvestment Act in February.

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