Barclays Strips TIPS

A subpage of The U.S. Real Term Structure
by J. Huston McCulloch
Department of Economics, Ohio State University

Barclays Capital, the investment banking arm of Barclays Bank and the leading market maker for Treasury Inflation-Protection Securities (TIPS), recently stripped the first TIPS. These TIPS Strips, also known as i-Strips, are not currently available to individual investors directly from Barclays, but may be obtainable through your local broker. CUSIP numbers for TIPS coupon and principal payments are accessible on the Treasury's Indexed Securities Page.