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Ipath Sp 500 Vix Mid Term Futures Etn

iPATH Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) is a exchange-traded note (ETN) issued by Barclays Bank PLC. It is a senior unsecured debt security that is designed to provide investors with exposure to the S&P 500 VIX Mid-Term Futures Index.

The VIX, also known as the Cboe Volatility Index, is a measure of the expected volatility of the S&P 500 Index options over the next 30 days. The iPATH Series B S&P 500 VIX Mid-Term Futures ETN seeks to replicate the performance of the S&P 500 VIX Mid-Term Futures Index, which is a daily rolling long position in the second and third months of the VIX futures contracts.

It is important to note that the iPATH Series B S&P 500 VIX Mid-Term Futures ETN is not an investment in the VIX index itself, but rather in the futures contracts based on the index. It is also important to note that investing in the note involves certain risks, including the credit risk of Barclays Bank PLC, and the volatility and other risks associated with the S&P 500 VIX Mid-Term Futures Index.

It is recommended to consult a financial advisor or professional before making any investment decisions.