Indexology®: The Price of Risk: Market Readies for $3billion Puerto Rico Junk Bond Sale
March 10, 2014 at 06:30 AM EDT
Puerto Rico general obligation bonds tracked in the S&P Municipal Bond Puerto Rico General Obligation Index have rallied 13.67% this year ahead of the planned $3 billion bond sale by Puerto Rico this coming Tuesday. Yields of bonds in the index have dropped 122bps to end March 7th 2014 at...
