About Barclays Bank PLC
ISIN
US06739H1986
This ETN was delisted after the market close on April 12, 2018, and now trades over-the-counter on the pink sheets. As a result, shareholders should anticipate ultra-wide spreads, minimal trading volumes, and prices well above or below NAVs. The note has been replaced by JJTB, which provides identical exposure. JJT tracks an index that provides exposure to tin by rolling into every other contract. Contracts are selected with about two months of remaining maturity, and held until shortly before expiration. That differs from our segment benchmark, which follows a front-month strategy. Because JJT tracks futures, it will not perfectly follow the spot price of tin, but it`s the closest you can get in an exchange-traded wrapper. JJT is highly illiquid, driving up round-trip costs, and little investor interest. The note is an unsecured liability of the issuer, Barclays.