Barclays on Wednesday was fined $115 million by a US regulator for allegedly attempting to manipulate a major benchmark interest rate.

The Commodity Futures Trading Commission said in a statement that Barclays' US traders attempted to manipulate the US dollar iteration of Isdafix, or the International Swaps and Derivatives Association Fix, between 2007 and 2012. The Isdafix benchmark is widely used in setting payout rates on pension funds and determining the cost of real estate loans.

Barclays fined $115m by CFTC for alleged manipulation of Isdafix

British bank accused of wrongdoing between 2007 and 2012

Max Colchester, The Wall Street Journal 

Barclays

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