All Eyes on Puerto Rico

Meyers, Maxwell; Cataldo, Adam L.
March 2006
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, p1
Trade Publication
The article reports that municipal market participants are monitoring Puerto Rico's legislature as it prepares to negotiate over the 2007 fiscal year budget. The budget outcome will affect the credit rating of approximately $27 billion of Puerto Rico debt. Puerto Rico is popular among retail investors because of its triple tax-exempt status.


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