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Barclays splits series B iPath ETNs linked to S&P GSCI Crude Oil index
By Angela McDaniels
Tacoma, Wash., Sept. 23 – Barclays Bank plc completed a five-for-one split of its 0% iPath Series B S&P GSCI Crude Oil exchange-traded notes due Nov. 20, 2036, according to a 424B2 filing with the Securities and Exchange Commission.
Following the split on Sept. 12, 50 million ETNs with a principal amount of $10 each were outstanding.
When the notes were first issued on Nov. 22, 2016, the principal amount was $50.
The notes are linked to the S&P GSCI Crude Oil Total Return index.
The notes (Cusip: 06745R693) are listed on the NYSE Arca under the symbol “OIL.”
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