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Santa Fe, NM - Attorney General Hector Balderas today announced a $100 million settlement with Barclays Bank PLC and Barclays Capital Inc. for fraudulent and anticompetitive conduct involving the manipulation of LIBOR. This is a benchmark interest rate that affects financial instruments worth trillions of dollars and has a widespread impact on global markets and consumers. Among the entities that stand to benefit from the settlement are the Public Employees Retirement Association of New Mexico and the New Mexico Educational Retirement Board.

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