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Infrastructure

BarCap launches commodity-linked credit product

Fixed-income investors can now make use of a credit instrument that provides access to commodities as an asset class, says Barclays Capital. The investment bank has launched Apollo, a collateralised commodity obligation (CCO), which uses derivatives…

Mirant settles price-reporting charges

A subsidiary of Atlanta-based energy company Mirant has settled charges with the US Commodity Futures Trading Commission (CFTC) of false reporting of natural gas prices. The commission found that Mirant Americas Energy Marketing (MAEM) traders made false…

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