WASHINGTON -- Issuers of mortgage bonds and industrial development bonds are gearing up to go to market for the first time in over a year as President Clinton prepares to sign into law today permanent extensions of the authority to issue those bonds.

The permanent extensions are contained in the huge deficit-reduction package that the House and Senate approved by razor-thin margins late last week. The measure, which President Clinton is scheduled to sign at an 11 a.m. ceremony at the White House, also includes provisions to ease volume cap restrictions on high-speed rail bonds and to expand the use of bonds in enterprises zones.

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