#A split existence f95 plus
#A split existence f95 series

#A split existence f95 series

Indicative value will be adjusted accordingly.ĭaily Index Factor: The daily index factor for any series of ETNs on any index businessĭay will equal (1) the closing level of the Index for that series on such index business day divided by (2) the closing level of the Index for that series on the immediately preceding index business day. If the ETNs undergo a split or reverse split, the closing An index business day is a day on which (1) it is a business day in New York and (2) the CBOE is open. Investor fee for that series on such calendar day. On each subsequent calendar day until maturity or early redemption, the closing indicative value will equal (1) theĬlosing indicative value for that series on the immediately preceding calendar day times (2) the daily index factor for that series on such calendar day (or, if such day is not an index business day, one) minus (3) the Payment at Maturity: If you hold your ETNs to maturity, you will receive a cash payment per ETN equal to the applicable closing indicative value onĬlosing Indicative Value: The closing indicative value for any given series of ETNs on any givenĬalendar day will be calculated in the following manner: The closing indicative value on the inception date will equal $100. It on the Bloomberg pages specified herein as soon as practicable thereafter. The index sponsor calculates the level of the relevant Index daily when the Chicago Board Options Exchange, Incorporated (the CBOE) is open (excluding holidays and weekends) and publishes The Indices were created by Standard & Poors Financial Services LLC ( S&P The S&P 500 VIX Mid-Term Futures Index TR targets a constant weighted average futures maturity of 5 months. The S&P 500 VIX Short-Term Futures Index TR targets a constant weighted average futures Interest that could be earned on reinvestment into the Index of the return on the notional value of the Index based on the 3-month U.S.

#A split existence f95 plus

Each index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contract or contracts on the VIX index plus the rate of On their view of the future direction of movement of the VIX Index. Futures on the VIX Index allow investors the ability to invest in forward volatility based The calculation of the spot level of the VIX Index is based on prices of put and call options on the Investors with exposure to one or more maturities of futures contracts on the VIX Index, which reflect implied volatility of the S&P 500 ® Index at various points along the volatility forward curve. The return on each series of ETNs is linked to the performance of the relevant Index. Will purchase and sell the ETNs in that series primarily in this secondary market. To the extent that an active secondary market in a series of ETNs exists, we expect that investors IPath ® S&P 500 VIX Mid-Term Futures ETN IPath ® S&P 500 VIX Short-Term Futures ETN Symbols, CUSIP numbers and ISINs for the respective ETNs are as follows: Secondary Market, CUSIP Numbers and ISINs: We have listed all ETNs on the NYSE Arca stock exchange ( NYSE Arca). Issued on February 3, 2009 and are each due on January 30, 2019.

Issuance and Maturity: The ETNs were first

Receive a cash payment at maturity or upon early redemption based on the performance of the Index to which your series of ETNs is linked, less an investor fee (and, in the case of early redemption, a redemption charge). The ETNs do not guarantee any return of principal at maturity and do not pay any interest during their term. The Indices are designed to provide investors with exposure to one or more maturities of futures contracts on the CBOE Volatility Index ® (the VIX Index). Of the S&P 500 VIX Short-Term Futures Index TR and the return of the other series of ETNs is linked to the performance of the S&P 500 VIX Mid-Term Futures Index TR (each, an Index and collectively, the The return of one series of ETNs is linked to the performance This pricing supplement relates to 2 series of iPath ® Exchange Traded Notes (the ETNs) that Barclays Bank PLC may issue from time to time. Pricing Supplement to the Prospectus dated February 10, 2009 Title of Each Class of Securities OfferedĬalculated in accordance with Rule 457(r) of the Securities Act of 1933 Pricing Supplement-iPath VIX Table of Contents