WASHINGTON — Military housing bond issuers should keep an eye on Build America Bonds as likely competition as they attempt to reclaim a spot in the bond market — and the military may have a need for $25 billion of new housing debt in the future, panelists said yesterday at The Bond Buyer's Fifth Annual Financing Military Housing Privatization Conference.

"If we can ever figure out how to privatize unaccompanied housing — that is, the barracks — that would be another $25 billion of financing needs," said Bob Helwig, deputy director for housing in the housing and competitive services directorate of the Office of the Secretary of Defense.

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