May 15, 2015 / 7:42 PM / 2 years ago

Liquidity at Puerto Rico's government bank edges lower in April

NEW YORK, May 15 (Reuters) - Liquidity at Puerto Rico's Government Development Bank (GDB)edged lower to $1.02 billion as of April 30 compared to $1.12 billion at the end of March, the GDB said on Friday.

The bank, which acts as the financing arm of the U.S. territory, publishes its liquidity position every month as a condition of a financing deal with commercial lenders. (Reporting by Edward Krudy; Editing by Ted Botha)

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