Municipal Bond Forum
A ray of hope
Q
In your article, “Puerto Rico Governor Unveils New Budget Plan,” you said, “If the governor’s plan is successful, this may provide a ray of hope for Puerto Rico bondholders….” What do you mean?
A
James A. Klotz responds:
Clearly, there have not been an abundance of optimistic reports regarding the viability of Puerto Rico’s debt.
A balanced budget and a concise, long-term economic plan can be perceived as a step in the right direction – i.e. “a ray of hope” – for the commonwealth.
Start here.
Do you have specific criteria for bonds you’re looking for? Let us know and we’ll e-mail you bonds that fit your needs. There is no charge for this service.
The responses provided in this forum are meant to address specific questions posed by investors about their municipal bonds and to provide market insight for our general audience. Please note, your investments, objectives, results and experience may differ significantly. Our answers and any potential strategies discussed should not be construed as a solicitation to buy nor sell any security or investment product. All investing entails risk.
