Puerto Rico

BofA Securities priced the county’s $700 million of tax and revenue anticipation notes.

The central government has $2.2 billion more than projected, raising hopes that bondholder losses may be mitigated.

The commonwealth overall has been allocated $42.3 billion in disaster aid since Hurricanes Maria and Irma struck the island, not counting the new funding approved by Congress.

The disaster-aid measure was delayed for about six months amid Trump’s objections to additional aid for Puerto Rico.

Municipal bond buyers are prepared Monday to see almost $7 billion of volume head their way this week.

The board referred 13 public entities to the Puerto Rico Secretary of Justice and U.S. Department of Justice.

The legal argument made against revenue bonds just doesn't make sense in the market-based world.

Demand for tax-exempt income overwhelmed the usual selling in the secondary market during tax season.

A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.

Over the first 10 months of the fiscal year, General Fund net revenues are 11% above October projections.