Tag Archives: S&P Municipal Bond Puerto Rico Index
The Rieger Report: Puerto Rico’s 2015 Impact- $7.5 billion
As the fiscal saga continues for Puerto Rico and it’s residents the impact has been crushing for the bond holders in 2015. The total market value of bonds tracked in the S&P Municipal Bond Puerto Rico Index has fallen by over $7.5billion. Chart 1: Total Market Value of Bonds in the S&P Municipal Bond Puerto Rico Index…
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Show Me The Muni
The S&P Municipal Bond Puerto Rico Index was the only state or territory index to finish the quarter in the red, down 1.25% with its yield to worst at 7.89%. Yields continue to rise as investors become more skeptical about Puerto Rico’s ability to fulfill obligations to their creditors. The S&P Municipal Bond Puerto Rico…
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