Bloomberg reported Citigroup will pay $425 million to resolve claims that from 2007 to 2012 it tried to rig interest-rate benchmarks.

Bloomberg said, citing documents released by the U.S. Commodity Futures Trading Commission, Citigroup has not admitted to or denied the allegations, which concern ISDAfix and benchmarks in London and Tokyo.

Bloomberg noted the ISDAfix benchmark helps settle trades in the $289 trillion market for interest-rate swaps and the $49 trillion market for options on swaps.