Puerto Rico

There are two proposals being negotiated but one attorney says the discussions may go nowhere.

The municipal market will see only $74 million of deals in a holiday-shortened week, raising demand for supply the week after.

Ipreo estimates weekly bond volume at $73.8 million, consisting only of competitive sales and no negotiated deals.

The board plans to approve a Puerto Rico budget by the end of Saturday.

Revenues through the first 11 months of the fiscal year were 1% ahead of projections.

Municipal bonds were little changed on Monday as supply concerns prompted Bank of America Merrill Lynch to cut its 2018 forecast to $365 billion of issuance.

Jose Ramírez has yet to acknowledge wrongdoing in misleading investors about Puerto Rico debt and may pose a continued threat to investors, SEC lawyers told a federal judge.

Bank of America Merrill Lynch has revised its forecast for yearly municipal bond volume down to $365 billion.

Senate president threatens lawsuits against anticipated Oversight Board labor policy and budget.

Municipal buyers expect the city of Los Angeles to hit the market running as it plans to competitively sell almost $1.9 billion of notes and bonds.