iPath B Bloomberg Coffee Ttl Ret ETN
BJO
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Kungstradgardsgatan 10 Stockholm Sweden 111 47
- IPO Date
- Feb 1, 2018
- Website
- barclaysinvestments.co.uk
- Similar Companies
- Business
- Barclays Bank PLC (Barclays) issues the iPath Series B Bloomberg Coffee Subindex Total Return ETN (BJO), an exchange-traded note that provides exposure to coffee futures through tracking the Bloomberg Coffee Subindex Total Return, comprising futures contracts on coffee commodities with a focus on total return performance net of fees. The ETN, launched in 2018 and listed on NYSE Arca, offers investors leveraged access to coffee price volatility without direct commodity ownership; it features an annual investor fee of 0.45%, matures on January 23, 2048 (subject to earlier issuer call or redemption), and targets institutional and retail investors seeking commodity-linked returns. Barclays, headquartered in London, United Kingdom, and founded in 1690, operates globally across investment banking, wealth management, and structured products including the broader iPath ETN family covering commodities, volatility, equities, and MLPs. The iPath B Bloomberg Coffee Ttl Ret ETN forms part of Barclays' commodity segment, with operations centered in the United States via NYSE Arca trading and global investor access through Barclays Capital Inc. as distribution agent; it serves as an unsecured senior debt obligation of Barclays Bank PLC, domiciled in the United Kingdom. Core offerings within Barclays' iPath suite include single-commodity ETNs like BJO alongside multi-asset subindexes for agriculture, energy, metals, and softs; BJO specifically replicates coffee 'C' futures exposure without physical delivery. In June 2023, Barclays accelerated the closely related iPath Series B Bloomberg Coffee Subindex Total Return ETN (JO) via full redemption and cash settlement at $54.5766 per unit, suspending trading post-valuation and marking a significant wind-down in that coffee-linked product line. More recently, in June 2025, Barclays exercised issuer call options to redeem multiple iPath ETN series (including energy and commodity variants) following tender offers and indenture amendments, with valuation dates set for June 17, 2025, and redemptions on June 25, 2025, reflecting ongoing portfolio rationalization amid low outstanding volumes. These actions highlight Barclays' strategic shifts toward managing legacy ETNs through redemptions and consent-driven restructurings, with no confirmed redemption announcement for BJO as of late 2025, though it remains listed with recent trading activity.