The Puerto Rico Public Finance Corporation placed and sold $410 million in bonds in the local market, the proceeds of which the agency will use to refinance existing debt and save $6.6 million in interest payments.
In an apparent response to public pressure, the Government Development Bank on Wednesday eliminated the restriction on the information it shared with the public on its website.
The Government Development Bank unveiled the Economic Activity Index for the months of January and February, which reflected an increase of 0.5 percent and 0.7 percent, respectively in comparison to the same months in 2011.