Primary and secondary market trading volume for Build America Bonds totaled $117.4 billion on 271,777 trades last year, according to a report released Friday by the Municipal Securities Rulemaking Board.

The six-page report follows up on a similar study the board released in July. It was issued the same day the Government Accountability Office said the Internal Revenue Service could improve its compliance work with BABs if Congress granted it the ability to collect and publish more information about BAB-financed projects.

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