Update : Sep. 06, 2011
[Tokyo Stock Exchange, Inc.]
Tokyo, September 6, 2011 - Barclays Bank PLC announced today the launch of seven commodity-related iPath® Exchange Traded Notes (ETNs) on the Tokyo Stock Exchange (TSE).
As in the case of the two ETNs (volatility and commodity-related) listed on 23 August, these seven ETNs will be in the format of Japanese Depositary Receipts (JDRs). Details of the seven new ETNs are as stated in the below table. Together with the two ETNs listed on 23 August, Barclays now has a total of nine ETN products listed on the TSE.
** This document has been prepared for information purposes only, and shall not constitute a solicitation of an offer to buy any securities described herein.
|Ticker||Issue Name||Underlying Index||Trading Unit|
|2021||iPath® S&P GSCI® Total Return Index JDR||S&P GSCI® Total Return Index||1|
|2029||iPath® S&P 500 VIX Mid-Term Futures JDR||S&P 500 VIX Mid-Term Futures Index Total Return||1|
|Ticker||Issue Name||Underlying Index||Trading Unit|
|2022||iPath® S&P GSCI® Precious Metals Index Total Return JDR||S&P GSCI® Precious Metals Index Total Return||1|
|2023||iPath® S&P GSCI® Industrial Metals Index Total Return JDR||S&P GSCI® Industrial Metals Index Total Return||1|
|2024||iPath® S&P GSCI® Energy Index Total Return JDR||S&P GSCI® Energy Index Total Return||1|
|2025||iPath® S&P GSCI® Agricultural Index Total Return JDR||S&P GSCI® Agricultural Index Total Return||1|
|2026||iPath® S&P GSCI® Grain Index Total Return JDR||S&P GSCI® Grain Index Total Return||1|
|2027||iPath® S&P GSCI® Softs Index Total Return JDR||S&P GSCI® Softs Index Total Return||1|
|2028||iPath® S&P GSCI® Livestock Index Total Return JDR||S&P GSCI® Livestock Index Total Return||1|
Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 147,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website.
Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs 25,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.
The iPath® S&P GSCI® Total Return Index JDR, the iPath® S&P GSCI® Precious Metals Index Total Return JDR, the iPath® S&P GSCI® Industrial Metals Index Total Return JDR, the iPath® S&P GSCI® Energy Index Total Return JDR, the iPath® S&P GSCI® Agricultural Index Total Return JDR, the iPath® S&P GSCI® Grain Index Total Return JDR, the iPath® S&P GSCI® Softs Index Total Return JDR, the iPath® S&P GSCI® Livestock Index Total Return JDR, and the iPath® S&P 500 VIX Mid-Term Futures JDR (together, "iPath® JDRs") are not sponsored, endorsed, sold or promoted by Standard & Poor's Financial Services LLC ("S&P") or its third party licensors. Neither S&P nor its third party licensors makes any representation or warranty, express or implied, to the owners of the iPath® JDRs or any member of the public regarding the advisability of investing in securities generally or in the iPath® JDRs particularly or the ability of the S&P GSCI Commodity Index or any of its sub-indexes (the "Index") to track general commodity market performance. S&P's and its third party licensor's only relationship to Barclays Bank PLC is the licensing of certain trademarks and trade names of S&P and the third party licensors and of the Index which is determined, composed and calculated by S&P or its third party licensors without regard to Barclays Bank PLC or iPath® JDRs. S&P and its third party licensors have no obligation to take the needs of Barclays Bank PLC or the owners of the iPath® JDRs into consideration in determining, composing or calculating the Index. Neither S&P nor its third party licensors is responsible for and has not participated in the determination of the prices and amount of the iPath® JDRs or the timing of the issuance or sale of the iPath® JDRs or in the determination or calculation of the equation by which the iPath® JDRs is to be converted into cash. S&P has no obligation or liability in connection with the administration, marketing or trading of the iPath® JDRs.
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The Index is not owned, endorsed, or approved by or associated with Goldman Sachs & Co. or its affiliated companies.
Tokyo Stock Exchange, Inc.
New Listings Department
Barclays Group Japan