Puerto Rico Sales Tax Financing Corp (COFINA)

Having rejected a Puerto Rico Oversight Board request to dismiss the challenges to the restructuring because it would be extremely difficult to undo, a U.S. appeals court is about to entertain the board's arguments on the challenges' substance.

The total employment number slipped below one million in December, according to the U.S. Bureau of Labor Statistics.

Municipal bond buyers will see a $7 billion new-issue calendar ahead.

Puerto Rico's legislature may not want to approve what would effectively be an electricity rate increase, said analysts at a recent conference.

The index increased in comparison to figures from a year and month earlier.

Chicago GOs were upsized and repriced on Wednesday to bump yields as indications of interest were taken on the Sales Tax Securitization sale.

While the aid is for repairs following 2017's Hurricane Maria, some are particularly welcoming it now after earthquakes have shaken the southwest for two weeks.

Moody's says handling electrical demand will be a challenge for the island.

On Monday there was a magnitude 5.7 earthquake Monday and Tuesday a 6.4 earthquake was followed by a 5.6 earthquake and multiple smaller aftershocks.

The municipal bond market started off the week adopting a cautious tone, eyeing issuance and world events.

The Census Bureau’s 3,193,694 estimate for July 1 is 2.6% higher than the Oversight Board predicted for the date in its May 2019 fiscal plan.

To avoid a return of the economic downturn, the board may need to improve its program to promote economic growth. Part V of a five-part series.

Retail investors have felt confident in the muni bond space for most of 2019.

Three Puerto Rico-based economists offer alternatives to the board's plans. Part IV of a five-part series.

A poverty level three times the national average leaves Puerto Rico especially vulnerable if service cuts and tax increases go too far. Part III of a five-part series.

Economists point to past successes and failures as Puerto Rico's Oversight Board focuses on conservative approaches. Part II of a five-part series.

The Oversight Board is following a belt-tightening strategy that some economists warn may squelch economic growth, putting bonds back into restructuring. Part I of a five-part series.

Puerto Rico, with more than $70 billion of bonds at stake, has become a testing ground of austerity for an economy in decline.

The index gained 0.4% year-over-year in October.

Gov. Wanda Vázquez's bill aims to prevent the commonwealth from pursuing debt practices that have gotten it into trouble.