Introduction

Banks are always looking out for 'The Next Big Thing' in structured products, and it seems Barclays Capital may have stumbled on it with its iPath exchange-traded note programme - at least, that appears to be the case judging by the number of rivals that have jumped on the bandwagon with launches of their own.

Exchange-traded notes (ETNs) are senior, unsecured debt securities of an issuer, designed to track a specified index. Key to their popularity in the US is a view that ETNs offer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here