Barclays Bank has cross-listed two iPath exchange-traded notes on the Toronto Stock Exchange.
The iPath ETNs are linked to US Treasury futures indices and provide exposure to fixed income strategies.
The iPath ETNs are: iPath US Treasury Steepener ETN and iPath US Treasury Flattener ETN.
“We are pleased to continue the expansion of our iPath ETN platform in Canada and to provide investors with innovative investment solutions. The ETNs allow investors to express their views on the shape of the US Treasury yield curve,” says Philippe El-Asmar, managing director, head of investor solutions at Barclays Capital.
Barclays listed seven iPathETNs on the Toronto Stock Exchange in December 2009. The ETNs are designed to provide investors with convenient access to the returns of market benchmarks, less applicable costs and investor fees.