iShares iBonds Oct 2024 Term TIPS ETF Nears Final Distribution Date

BlackRock announced today the planned termination of the iShares iBonds Oct 2024 Term TIPS ETF (IBIA), which possesses the following timelines for trading, net-asset value (NAV) calculation and expected liquidation:

Ticker

Fund name

Exchange

Last day of trading

Final NAV calculation date

Liquidation date

IBIA

iShares iBonds Oct 2024 Term TIPS ETF

NYSE Arca

10/15/2024

10/15/2024

10/18/2024

iBonds ETFs are designed to cease trading and mature during a specific maturity window like an individual bond. Leading up to the ETF’s final distribution date, the bonds held by the iBonds ETF matures, and the ETF transitions into short-term instruments and cash. Shareholders will receive their proceeds from the liquidation on or around the listed liquidation date, based on their brokerage’s processes.

iBonds ETFs across treasuries, municipal bonds and both investment-grade and high-yield corporate credit remain available to investors. iShares iBonds ETFs can help market participants build bond ladders and manage interest rate risk in rising rate environments.

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and $3.8 trillion in assets under management as of June 30, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing.