BlackRock, announced today that iShares iBonds Sep 2016 Term Muni Bond ETF (NYSE: IBME) will, by design, cease trading at the close of U.S. market hours on September 1, 2016. Leading up to the final distribution date, the individual bonds in the ETF mature and the fund transitions into short-term, tax-exempt instruments and cash. Remaining shareholders can expect to receive the entire amount of their proceeds in cash on or after September 8, 2016, subject to their brokerage processes.