Barclays to redeem iPath Short Extended Russell 2000 Total Return ETNs

By Toni Weeks

San Diego, Sept. 13 - Barclays Bank plc will redeem its 0% iPath Short Extended exchange-traded notes due Nov. 30, 2020 linked to the Russell 2000 Total Return index on Sept. 20, according to a company news release.

An automatic termination event occurred at 1:26 p.m. ET on Thursday. An automatic termination event occurs when the intraday indicative note value of the ETNs on any trading day is equal to or less than the automatic termination level of $15.00.

The redemption amount is $14.8054 per $50.00 principal amount of notes.

The notes trade on the NYSE Arca under the symbol "RTSA," and their Cusip number is 06740P502.

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