Bloomburg notes success with Guam bonds
<span style="font-family: Arial, sans-serif; font-size: 12.222222328186035px; line-height: 13.799999237060547px;">Last week The Bond Buyer, this week another major national publication giving Guam good press. </span>
July 15, 2014Updated: July 15, 2014
By KUAM News
By KUAM News by Sabrina Salas Matanane
Guam - Last week The Bond Buyer, this week another major national publication giving Guam good press. Bloomberg reports the biggest returns in the municipal market are coming from Guam. Bonds have surged 10% in 2014, "that's better than all states and fellow US territories Puerto Rico and the Virgin Islands whose debt carries the same nationwide tax exemption." The Bloomberg article goes on to state that Guam is quenching investors' thirst for yield while boasting an economy that grew 24% in five years through 2012.
Guam - Last week The Bond Buyer, this week another major national publication giving Guam good press. Bloomberg reports the biggest returns in the municipal market are coming from Guam. Bonds have surged 10% in 2014, "that's better than all states and fellow US territories Puerto Rico and the Virgin Islands whose debt carries the same nationwide tax exemption." The Bloomberg article goes on to state that Guam is quenching investors' thirst for yield while boasting an economy that grew 24% in five years through 2012.