Citigroup Global Markets Holdings Inc VelocityShares Short LIBOR ETN (DLBR) ETF

DLBR - Profile & Info

The investment objective of the VelocityShares Short LIBOR ETNs seeks to track the return on a long position in Eurodollar futures contracts where the position is re0calibrated daily to result in a return over the next Index Business Day that approximates to the inverse of the percentage change in the composite forward LIBOR rate over the next day. If the composite forward LIBOR rate is less than the short LIBOR floor of 2.50% on any Index Business Day, the Short LIBOR Index will try to approximate only a portion of the inverse of the percentage change in the composite forward LIBOR rate over the next day.