Comments on: Selling Puerto Rico Cofina 3.0 http://blogs.reuters.com/muniland/2014/01/07/selling-puerto-rico-cofina-3-0/ Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: CraigL http://blogs.reuters.com/muniland/2014/01/07/selling-puerto-rico-cofina-3-0/comment-page-1/#comment-2386 Fri, 17 Jan 2014 16:27:31 +0000 http://blogs.reuters.com/muniland/?p=13377#comment-2386 So, Cate, where is your story on the YTD (as of 1/16) appreciation of the PR bond index by 2.8%? On Vanguard’s bond desk, as of this morning I see only three PR bonds with YTM greater than 4.4%, and their average YTM is around 6.5%. Last year, it was not uncommon to see there twenty or more PR bonds with YTM from 7.5% to over 9%. Care to investigate what is going on?

]]>
By: BBrite http://blogs.reuters.com/muniland/2014/01/07/selling-puerto-rico-cofina-3-0/comment-page-1/#comment-2378 Wed, 08 Jan 2014 13:45:18 +0000 http://blogs.reuters.com/muniland/?p=13377#comment-2378 The Puerto Rico government is taking steps to shift up to $2.8 billion in public deposits from private banks to the government’s bank, the Government Development Bank of Puerto Rico.

]]>