What’s the difference between buying municipal bonds and Gogo bonds?

The difference between buying municipal bonds and Gogo Bonds are complex yet simple. When you invest in municipal bonds you own the bonds for the term and duration of the bond agreement.  When you purchase Gogo bonds you are buying into a pool of bonds that are used as collateral for secondary transactions called Strategic Equity Transactions, Gogo Bonds after conversion are not municipal bonds.

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Published: January 11, 2016 Updated: January 14, 2016