Euro area Euro Short-Term Rate

Target entity: Euro area Euro Short-Term Rate
Context triple: [LIBOR, regionReplacedBy, Euro area Euro Short-Term Rate]

• A. BIS effective exchange rate indices
  BIS effective exchange rate indices are trade-weighted measures of the value of a country’s currency against a basket of other currencies, used to assess international competitiveness and exchange rate movements.
• B. 3-month U.S. dollar LIBOR
  3-month U.S. dollar LIBOR is a benchmark interest rate indicating the average rate at which major global banks are willing to lend U.S. dollars to one another for a three-month term in the London interbank market.
• C. euro
  The euro is the official common currency used by most countries in the European Union and one of the world's major reserve and trading currencies.
• D. LIBOR
  LIBOR (London Interbank Offered Rate) is a now-discontinued global benchmark interest rate that reflected the average rate at which major banks lent to one another in the short-term unsecured interbank market across multiple currencies and maturities.
• E. EURO
  EURO is the commonly used abbreviation for the World Health Organization’s Regional Office for Europe, which oversees public health initiatives across the European region.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Euro area Euro Short-Term Rate
Target entity description: The Euro area Euro Short-Term Rate (ESTR) is the European Central Bank’s benchmark overnight interest rate that reflects the cost of unsecured borrowing in euros by banks in the euro area.

• A. BIS effective exchange rate indices
  BIS effective exchange rate indices are trade-weighted measures of the value of a country’s currency against a basket of other currencies, used to assess international competitiveness and exchange rate movements.
• B. 3-month U.S. dollar LIBOR
  3-month U.S. dollar LIBOR is a benchmark interest rate indicating the average rate at which major global banks are willing to lend U.S. dollars to one another for a three-month term in the London interbank market.
• C. euro
  The euro is the official common currency used by most countries in the European Union and one of the world's major reserve and trading currencies.
• D. LIBOR
  LIBOR (London Interbank Offered Rate) is a now-discontinued global benchmark interest rate that reflected the average rate at which major banks lent to one another in the short-term unsecured interbank market across multiple currencies and maturities.
• E. EURO
  EURO is the commonly used abbreviation for the World Health Organization’s Regional Office for Europe, which oversees public health initiatives across the European region.
• F. None of above. chosen