Puerto Rico Sales Tax Financing Corp (COFINA)

Texas issues are headlining this week's slate of supply.

It remains unclear how the new governor may alter the Puerto Rican government's stance in the suit.

The municipal bond market took a breather on Thursday as the last of the week’s larger deals came and went.

The Oversight Board urged the federal government to provide more help to the island’s people and businesses.

Municipal bonds continued their rally on Wednesday, and pushed tax-free yields to their lowest levels ever.

Issuers and buyers will both be watching the direction bond yields take this week.

The insurer seeks at least $720 million from Wall Street firms that underwrote Puerto Rico bonds issued from 2001 to 2007.

Puerto Rico’s economic activity index slipped 0.7% in June from a year earlier, as the economic boost from federal hurricane recovery aid receded.

Secretary of Justice Wanda Vázquez Garced said she will swear in as governor Wednesday afternoon.

The strong performance may strengthen bondholders' hand in negotiating Puerto Rico bond restructuring.

The board says more than $1.7 billion in revenue is at stake in fiscal years through 2024.

The Supreme Court will rule on both the legality of the board members' appointments and the validity of their rulings since appointment.

The board anticipates spending $596 million for COFINA and GDB debt service.

Signed on June 30, 2016, the Puerto Rico Oversight, Management, and Economic Stability Act sent Puerto Rico’s bondholders and residents on a difficult odyssey that is far from over.

The Puerto Rico Treasury now expects 33.6% more revenue in the fiscal year than the original projection.

German Ramirez and Richard Prann of HJ Sims talk from Puerto Rico about the situation on the island and discuss COFINA and the IRS, what's new with the GDB bonds and with the commonwealth's GOs. Chip Barnett hosts.

Puerto Rico CFO Rafael Maldonado Gautier said that some Treasury professionals have been selling influence, issuing false licenses, and trying to extort him.

They say a ruling in the Aurelius case reinforces their contention that the Puerto Rico Oversight Board is a federal body.

The U.S. Supreme Court agreed to hear a case that could upend the work of the oversight board tasked with pulling Puerto Rico out of its record bankruptcy.

The Federal Open Market Committee is meeting this week and the muni market is looking for rate cut signals.