Final Build America Muni could raise costs to $ 29.6 billion

U.S. issuers municipal debt can pay an extra $ 14.8 billion to $ 29,600,000,000 in interest on bonds sold in 2011 if the Build America program ends, said California, Bill Lockyer, Treasurer.

Securities sold next year to pay an extra 50 - 100 - penalty points on their mandate, Lockyer said in a statement today.