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iPath EUR/USD Exchange Rate ETN

Monday, July 23, 2007
Issued by Barclays Bank PLC, it is a senior, unsecured, unsubordinated debt note whose return is linked to the performance of the “EUR/USD exchange rate” or “Index”.

A SQUARE :: 23Jul07 iPath EUR/USD Exchange Rate ETN
Category Debt Note/Currency
Author Sona Blessing
• The EUR/USD exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the EUR and the USD.
When the EUR appreciates relative to the USD, the EUR/USD exchange rate (and the value of the ETN) increases and vice-versa
• It can be trades on an exchange (primary exchange: NYSE) at market price
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