iPath B Bloomberg Cotton Ttl Ret ETN
BALB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Germany
- IPO Date
- Feb 5, 2018
- Website
- barclaysinvestments.co.uk
- Similar Companies
- Business
- Barclays Bank PLC issues the iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSE Arca: BALB), an exchange-traded note that provides investors with exposure to the performance of the Bloomberg Cotton Subindex Total Return, comprising futures contracts on cotton without direct investment in the physical commodity. The ETN, domiciled in the United Kingdom and formed on January 17, 2018, matures on January 23, 2048, and delivers a cash payment based on the index at maturity or early redemption, net of fees. Barclays Bank PLC, founded in 1690 and headquartered at 1 Churchill Place in London, United Kingdom, offers this as part of its broader iPath ETN platform, which includes commodity-linked notes tracking various subindices such as agriculture, energy, and metals; the bank operates globally with a focus on investment banking, wealth management, and structured products for institutional and retail investors. The BALB ETN targets investors seeking leveraged or targeted commodity exposure, particularly in cotton futures volatility, and trades alongside other Barclays iPath Series B products like those linked to oil, gold miners, and agriculture subindices. Core services encompass issuance, distribution via Barclays Capital Inc., ongoing indicative value calculations, and redemption processing for its ETN portfolio. In June 2025, Barclays announced and executed the full redemption of four iPath ETNs, including select commodity series, following a cash tender offer and consent solicitation that amended indentures to enable issuer call options; this action was part of broader portfolio management, with BALB specifically noted in prior delisting considerations among 15-21 ETNs. Recent operational changes across iPath ETNs include a February 2025 consultation on index rebalancing extensions for MLP-linked products and a 2024 amendment to coupon ex-date definitions in alignment with SEC settlement cycle shortening. No new product launches or acquisitions specific to BALB were reported in the last 1-2 years, though Barclays continues to maintain active ETNs in commodities amid market volatility.