Puerto Rico’s voters made history in November when, for the first time, they voted in favor of becoming a state.

Whether that comes to pass, how it would come to pass, and how long it would take remain wide open questions, questions of interest to the municipal bond world because Puerto Rico, as a commonwealth, can now issue bonds exempt from taxation in any state.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.