Puerto Rico bonds opened steady Wednesday morning with light volume and few block size trades following an investor call Tuesday by the commonwealth seeking to reassure investors of its ability to pay its debt.

Traders said yields on the Sales Tax Financing Corp., or COFINA, bonds were flat in intraday trading. "There is light volume with some odd lots going cheaper relative to interdealer trades," a Chicago trader said. "There is not much in terms of sizeable blocks and those that are moving are just the flat interdealer trades."

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