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Excludes bonds reported on Form 8038-TC that indicate the issuer elected to apply section 6431(f) to receive a refundable credit in lieu of tax credits under section 54(A). See footnote 2, above. s[2] Includes specified tax credit bonds reported on Form 8038-TC that indicate the issuer elected to apply section 6431(f) to receive a refundable credit in lieu of tax credits under section 54(A). Issuers who elect to apply section 6431(f) are eligible to receive Federal direct payments and are classified as "taxable direct payment bonds" for purposes of this table. Tax credit bonds [3] Taxable direct payment bonds [2]6Tax credit bonds and specified tax credit bonds, totalPrivate activity bondsGovernmental bonds Tax-exempt bonds, total(3)(2)(1)Total bonds [1]Percentage of total amountAmountNumber Type of bond=Information on data, including definitions of selected items.*[Money amounts are in millions of dollars]n[1] Includes combined data from all governmental, private activity bond, and specified tax credit and tax credit bonds returns (Form 8038-G, Information Return for Tax-Exempt Governmental Obligations; Form 8038, Information Return for Tax-Exempt Private Activity Bond Issues; and Form 8038-TC, Information Return for Tax Credit Bonds and Specified Tax Credit Bonds).Чд&lPTable 11. 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