Municipal Bond Forum
Puerto Rico: No answers yet
Q
What are some of the scenarios we bondholders can now expect concerning the outcome of the Puerto Rico debt problem?
A
James A. Klotz responds:
It is too early to predict how the Puerto Rico debt problem will shake out, as there are numerous issuers that may not all be treated similarly.
We do believe, however, that any remedy or restructuring will result in higher prices on most Puerto Rico securities than those at which they are currently trading.
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.