PowerShares New York AMT-Free MuniBd ETF
Puerto Rico’s Increasing Defaults Lead to Bankruptcy in 2017
The board overseeing Puerto Rico (PZT) (HYMB) filed for bankruptcy protection in a much-anticipated move in 2017.
Why did muni maturities decline in the primary market in Q1 2014?
Average maturity for new municipal bond issues came in lower at 15.2 years in Q1 2014 compared to 16.3 years in 2013 and an average of 17.7 years over the period 1996-2013.
Will the GO bonds allow Puerto Rico to be free of its worries?
Puerto Rico’s general obligation bonds have been recently downgraded to junk level by rating agency S&P.