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   Commodity Index Note
   















 

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Commodity Index Note

Some or all of any positive return on a note is tied to the performance of a specific physical commodity or commodity index such as oil, gold, silver, the CRB index, etc. The participation in the commodity price may be in the form of an option or a forward component. Often issued by a producer of the underlying commodity. Also called Commodity-Linked Note or Bond. Compare with Equity-Linked Note (ELN) (diagrams).

Glossary * C