What do you do with more than $50 billion of total debt and an $8.15 billion swap portfolio? Manage it.

That is the agenda of the Government Development Bank for Puerto Rico after the commonwealth's fiscal agent sold $5.3 billion of subordinate sales tax bonds in the U.S. and local markets in the past three weeks to help close the island's $2.5 billion fiscal 2010 deficit and support a $500 million local stimulus package.

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