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Government Development Bank bonds

This forum post is dated 05/04/09. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

Puerto Rico - News and Current Events (What's going on in Puerto_Rico?)

Forum Post

Thomas

Government Development Bank bonds

Why would anyone invest in such a risky venture as Economic Cooperation Savings Notes just because the government hasn't YET defaulted on paying interest? No insurance or anything? Sounds like a bad idea to me.
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