Puerto Rico Government Bank Continues Debt Talks with Key Creditor Group
Supreme Court to Consider Puerto Rico Restructuring Appeal
Puerto Rico Seeks to Be Included Under Federal Bankruptcy Code
Puerto Rico Defaults On Debt for First Time
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The Government Development Bank for Puerto Rico (GDB) —Spanish: Banco Gubernamental de Fomento para Puerto Rico (BGF)— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puerto Rico. The bank, along with its subsidiaries and affiliates, serves as the principal entity through which Puerto Rico channels its issuance of bonds. As an overview, the different executive agencies of the government of Puerto Rico and its government-owned corporations either issue bonds with the bank as a proxy, or owe debt to the bank itself.