WASHINGTON — Although qualified zone academy bonds have garnered few headlines, market participants who have worked with the tax-credit bond program say it has been successful, and the billions of dollars in QZABs and qualified school construction bonds authorized by the $787 billion stimulus are garnering significant interest from issuers.

But the new taxable tax-credit bond programs still have to clear a number of hurdles as issuers and investors alike familiarize themselves with the tools, they added.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.