Puerto Rico Municipal Financing Agency
The Puerto Rico Municipal Financing Agency (MFA) — es, Agencia para el Financiamiento Municipal de Puerto Rico (AFM)— is the municipal bond issuer and an intragovernmental bank of the government of Puerto Rico. The Agency is a government-owned corporation of the government of Puerto Rico and a principal affiliate of the Puerto Rico Government Development Bank The Government Development Bank for Puerto Rico (GDB) — es, Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puert .... Bonds issued * Series A Bonds * Series B Refunding Bonds * Series C Refunding Bonds References External links Overview of the MFA at the Government Development Bank {{authority control Finance in Puerto Rico Government-owned corporations of Puerto Rico Public debt of Puerto Rico Local government finance ...
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San Juan, Puerto Rico
San Juan (, , ; Spanish for "Saint John") is the capital city and most populous municipality in the Commonwealth of Puerto Rico, an unincorporated territory of the United States. As of the 2020 census, it is the 57th-largest city under the jurisdiction of the United States, with a population of 342,259. San Juan was founded by Spanish colonists in 1521, who called it Ciudad de Puerto Rico ("City of Puerto Rico", Spanish for ''rich port city''). Puerto Rico's capital is the third oldest European-established capital city in the Americas, after Santo Domingo, in the Dominican Republic, founded in 1496, and Panama City, in Panama, founded in 1521, and is the oldest European-established city under United States sovereignty. Several historical buildings are located in San Juan; among the most notable are the city's former defensive forts, Fort San Felipe del Morro and Fort San Cristóbal, and La Fortaleza, the oldest executive mansion in continuous use in the Americas. Today, Sa ...
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Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated territories of the United States, unincorporated territory of the United States. It is located in the northeast Caribbean Sea, approximately southeast of Miami, Florida, between the Dominican Republic and the United States Virgin Islands, U.S. Virgin Islands, and includes the eponymous main island and several smaller islands, such as Isla de Mona, Mona, Culebra, Puerto Rico, Culebra, and Vieques, Puerto Rico, Vieques. It has roughly 3.2 million residents, and its Capital city, capital and Municipalities of Puerto Rico, most populous city is San Juan, Puerto Rico, San Juan. Spanish language, Spanish and English language, English are the official languages of the executive branch of government, though Spanish predominates. Puerto Rico ...
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Juan Carlos Batlle
''Juan'' is a given name, the Spanish and Manx versions of ''John''. It is very common in Spain and in other Spanish-speaking communities around the world and in the Philippines, and also (pronounced differently) in the Isle of Man. In Spanish, the diminutive form (equivalent to ''Johnny'') is , with feminine form (comparable to ''Jane'', ''Joan'', or ''Joanna'') , and feminine diminutive (equivalent to ''Janet'', ''Janey'', ''Joanie'', etc.). Chinese terms * ( or 娟, 隽) 'beautiful, graceful' is a common given name for Chinese women. * () The Chinese character 卷, which in Mandarin is almost homophonic with the characters for the female name, is a division of a traditional Chinese manuscript or book and can be translated as 'fascicle', 'scroll', 'chapter', or 'volume'. Notable people * Juan (footballer, born 1979), Brazilian footballer * Juan (footballer, born 1982), Brazilian footballer * Juan (footballer, born March 2002), Brazilian footballer * Juan (footballer, b ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Puerto Rico Municipal Financing Agency Series A Bonds
Puerto, a Spanish word meaning ''seaport'', may refer to: Places *El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines *Puerto Colombia, Colombia *Puerto Cumarebo, Venezuela *Puerto Galera, Oriental Mindoro, Philippines * Puerto La Cruz, Venezuela *Puerto Píritu, Venezuela *Puerto Princesa, Palawan, Philippines *Puerto Rico, an unincorporated territory of the United States *Puerto Vallarta, Mexico Others * ''Puerto Rico'' (board game) *Operación Puerto doping case See also * * Puerta (other) Puerta refers to the old original gates of the Walled City of Intramuros in Manila. Puerta may also refer to: People * Antonio Puerta, Spanish footballer * Alonso José Puerta, Spanish politician * Lina Puerta, American artist *Mariano Puerta ...

Puerto Rico Municipal Financing Agency Series B Refunding Bonds
Puerto, a Spanish word meaning ''seaport'', may refer to: Places *El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines *Puerto Colombia, Colombia *Puerto Cumarebo, Venezuela *Puerto Galera, Oriental Mindoro, Philippines * Puerto La Cruz, Venezuela *Puerto Píritu, Venezuela *Puerto Princesa, Palawan, Philippines *Puerto Rico, an unincorporated territory of the United States *Puerto Vallarta, Mexico Others * ''Puerto Rico'' (board game) *Operación Puerto doping case See also * * Puerta (other) Puerta refers to the old original gates of the Walled City of Intramuros in Manila. Puerta may also refer to: People *Antonio Puerta, Spanish footballer *Alonso José Puerta, Spanish politician *Lina Puerta, American artist *Mariano Puerta, Argent ...

Puerto Rico Municipal Financing Agency Series C Refunding Bonds
Puerto, a Spanish word meaning ''seaport'', may refer to: Places *El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines *Puerto Colombia, Colombia *Puerto Cumarebo, Venezuela *Puerto Galera, Oriental Mindoro, Philippines * Puerto La Cruz, Venezuela *Puerto Píritu, Venezuela *Puerto Princesa, Palawan, Philippines *Puerto Rico, an unincorporated territory of the United States *Puerto Vallarta, Mexico Others * ''Puerto Rico'' (board game) *Operación Puerto doping case See also * * Puerta (other) Puerta refers to the old original gates of the Walled City of Intramuros in Manila. Puerta may also refer to: People *Antonio Puerta, Spanish footballer *Alonso José Puerta, Spanish politician *Lina Puerta, American artist *Mariano Puerta, Argent ...

Municipal Bond
A municipal bond, commonly known as a muni, is a Bond (finance), bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation. Typically, only investors in the highest tax brackets benefit from buying tax-exempt municipal bonds instead of taxable bonds. Taxable equivalent yield calculations are required to make fair comparisons between the two categories. The U.S. municipal debt market is relatively small compared to the corporate market. Total municipal debt outstanding was $4 trillion as of the first quarter of 2021, compared to nearly $15 trillion in the corporate and foreign markets. Local authorities in many #In other countries, other countries in the world issue similar bonds, sometimes called local authority bonds or other names. History Municipal debt predates corporate debt b ...
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Intragovernmental Holdings
In public finance, intragovernmental holdings (also known as intragovernmental debt or intragovernmental obligations) are debt obligations that a government owes to its own agencies. These agencies may receive or spend money unevenly throughout the year, or receive it for payout at a future date, as in the case of a pension fund. Lending the excess funds to the government, typically on the accounts of its treasury, enables the government to calculate its net cash requirements over time. United States In the United States, intragovernmental holdings are primarily composed of the Medicare trust funds, the Social Security Trust Fund, and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts. See also * Government debt US specific: * United States public debt * United States Treasury security * Federal Financing Bank * Bureau of Public Debt * Federal Reserve System * Office of Management and Budget (OMB) References External ...
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Government Of Puerto Rico
The government of Puerto Rico is a republican form of government with separation of powers, subject to the jurisdiction and sovereignty of the United States.Constitution of the Commonwealth of Puerto Rico, Article I, Section 2
of the defines the government and its political power and authority pursuant to ...
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List Of Government-owned Corporations Of Puerto Rico
The government-owned corporations of Puerto Rico —or public corporations ( es, corporaciones públicas)— are a set of corporate entities owned entirely or in large part by the executive branch of the government of Puerto Rico or by its municipalities. The corporations engage in commercial activities with their revenues ultimately being allocated towards the government's treasury the Puerto Rico Consolidated Fund or towards the corresponding municipal treasury. Some of them have been criticized since their creation since they are not profitable and depend on the issue of bonds or large indebtedness to operate, or because they constitute a government monopoly or control a unique asset (such as a port, toll, or land). As of 2015, the public corporations contributed to more than half of the public debt of Puerto Rico —a factor that contributed significantly to the Puerto Rican government-debt crisis — with COFINA, PRASA, PRHTA, and PREPA being the largest ...
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Affiliate (commerce)
The term affiliate is used to describe the relationship between two entities wherein one owns less than a majority stake in the other's stock. Affiliations can also describe a type of relationship in which at least two different companies are subsidiaries of a larger parent company. Most recently, affiliation has been a popular form of marketing for eCommerce companies. Corporate structure A corporation may be referred to as an "affiliate" of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid the appearance of control. This is sometimes seen with companies that need to avoid restrictive laws (or negative public opinion) on foreign ownership. Affiliate marketings The process where an organization will pay commission to an affiliate to promote their products either through a website, blog, email or social media. Affiliate marketing brings the power of network effects to brand outreach, using curr ...
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