CHICAGO — The University of Minnesota, one of the first borrowers to use the Build America Bond program last spring, enters the market today with $36 million of fixed-rate, new-money bonds that will again tap the federal stimulus program.

The University of Minnesota ­Regents will sell about $28 million of taxable BABs and $9 million of tax-exempt bonds, although the division could change. “The split depends on investors and interest rates,” said Carole Fleck, the university’s director of debt ­management.

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