iPath US Treasury Long Bond Bull ETN
DLBL
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Aug 9, 2010
- Similar Companies
- Business
- iPath US Treasury Long Bond Bull ETN (DLBL) is an exchange-traded note issued by Barclays Bank PLC that provides exposure to the performance of the Barclays Long Bond US Treasury Futures Targeted Exposure Index; this senior unsecured debt security seeks to capture returns from decreases in yields of long-dated US Treasury bonds through leveraged positions in long bond futures contracts. The ETN offers investors leveraged bullish exposure to long-term US Treasury futures, with returns linked to twice the performance of the underlying index adjusted for fees and daily resets, targeting institutional and retail investors seeking yield curve strategies; it does not hold physical bonds but synthetically replicates index performance via futures rolling. Barclays iPath series encompasses related Treasury ETNs including bull and bear variants across maturities such as 2-year, 5-year, 10-year, and long bond, providing targeted exposure to US Treasury yield movements. Launched around 2010-2014 as part of Barclays' iPath ETN platform headquartered in London with primary US operations, DLBL trades on major US exchanges like NASDAQ. Barclays announced the full redemption of DLBL and 17 other iPath ETNs on June 28, 2024, following a cash tender offer and consent solicitation that amended indentures to enable issuer call; the valuation date was set for June 21, 2024, with cash payments based on closing indicative value, effectively delisting the ETN from trading. Subsequent to redemption, DLBL shows stagnant pricing around $75.34 with zero volume and managed assets at $0, confirming its defunct status as noted in some financial databases; no new issuances or relaunches of this specific ETN have occurred, aligning with Barclays' portfolio optimization of legacy iPath products amid regulatory and market shifts.