Puerto Rico

Another week of modest muni volume is expected, as issuers offer more chunks of taxable bonds.

The post-hurricane fiscal plan assumes that Puerto Rico will get a substantial amount of federal aid, but doesn’t include it in its calculation of available resources.

The Democrats' draft bill would be "a great way to make sure that no U.S. territory ever borrows in the muni market again," said Municipal Market Analytics' Matt Fabian.

Puerto Rico is arranging a loan to avoid blackout.

Gov. Ricardo Rosselló's plan to find private investors for Puerto Rico's power utility faces opposition from local leaders and may prove to be a tough sell to potential investors.

Talk of selling the island's power authority comes amid its restructuring of $8.2 billion in debt.

The Senate remains deadlocked over how much to increase an $81 billion disaster aid package that was approved by the House in December.

"We've been playing games with the revenue estimates for decades," a former Treasury secretary tells the Oversight Board.

Investors concerned over the level of impairment to their Puerto Rico bonds may get some clarity on the commonwealth's cash balance at an Oversight Board hearing.

Puerto Rico's 78 local governments are eligible to apply for a streamlined Community Disaster Loan for up to 25% of their annual operating budget.