; interest American Infrastructure Bonds shall— (A) be in such forms and denominations as determined by the Secretary, and shall have a 50-year maturity; and (B) bear interest of 1 percent. (3) No full faith and credit Interest and principal payments paid to holders of American Infrastructure Bonds shall be paid from the AIF, to the extent funds are available, and shall not be backed by the full faith and credit of the United States. (4) Amount of bonds The aggregate face amount of the bonds issued under this subsection shall be $50,000,000,000. (5) Sale of American Infrastructure Bonds (A) Competitive bidding process The Secretary shall sell $50,000,000,000 of American Infrastructure Bonds— (i) through a competitive bidding process that encourages aggressive bidding; (ii) with prospective purchasers bidding on how low of a multiplier they will accept (for purposes of subsection (b)(1) of section 966 of the Internal Revenue Code of 1986) when purchasing the American Infrastructure Bonds, for purposes of applying the foreign earnings exclusion described under that section