New York’s Metropolitan Transportation Authority liked Build America Bonds so much that the majority of its debt issues over the past 13 months have been the new taxable bonds.

The MTA, which operates the largest mass transit system in the U.S., priced $750 million of BABs on April 23, 2009. Including that deal, the agency has sold $2.77 billion of BABs compared to $704.1 million of new-money tax-exempt deals over that period, according to Thomson Reuters.

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