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Showing results for Puerto Rico GNMA and U.S. Government Target Maturity Fund, Inc.
...Management stated that the group currently has liquidity of €1bn, half of which is cash on the balance sheet and the rest unused credit facilities, and there is no material debt maturities until 2023....
...Hedge funds and risk-parity funds have reduced their equity exposure considerably. But institutional active funds and passive products have room for further outflows....
...Weiss was seen by many in Washington and New York as a shepherd of that legislation, spending time with members of both parties to explain its workings and how the crisis in Puerto Rico could unfold if Congress...
...When I was at the IMF/World Bank meetings in Washington this month, people were talking about how the next target for the international vulture/ distress funds would be Puerto Rico....
...Puerto Rico’s Treasury secretary said on Monday that first-quarter revenue for the fiscal year starting in July beat previous government estimates and rose 5.4 per cent to $1.7bn....
...Moeldoko: China’s dismaying new claims in the South China Sea (WSJ) John Paulson Calls Puerto Rico Singapore of Caribbean (Bloomberg) Sugar: Drastic measures (Financial Times) The Co-op, the bananas and...
...any goes to the U.S. government, which funded a $17.2 billion bailout of the firm....
...Puerto Rico is one issuer that could cause widespread distress....
...The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and anticipates that economic conditions are likely to warrant exceptionally low levels of the federal funds rate...
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