WASHINGTON - The District of Columbia expects to flex its stronger credit muscle again this fall with at least $300 million of taxable, direct-pay Build America Bonds that would be issued as triple-A income tax revenue bonds, its chief financial officer said.

In an interview Friday, Natwar Gandhi said the district will issue all $433.5 million of its planned debt for fiscal 2010 as income tax bonds, which are rated as high as triple-A compared to the top A-plus rating the city typically receives on its general obligation bonds.

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