Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: U.S. dollar LIBOR | Statement: [CME Term SOFR, replaces, U.S. dollar LIBOR]

Target entity: U.S. dollar LIBOR
Context triple: [CME Term SOFR, replaces, U.S. dollar LIBOR]

• A. 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.
• B. LIBOR chosen
  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.
• C. United Kingdom Sterling Overnight Index Average
  The United Kingdom Sterling Overnight Index Average (SONIA) is the Bank of England’s preferred near risk-free reference rate for overnight unsecured sterling transactions, widely used as the benchmark replacing GBP LIBOR in financial markets.
• D. Eurodollar futures
  Eurodollar futures are interest rate futures contracts based on U.S. dollar deposits held outside the United States, widely used to hedge or speculate on short-term dollar interest rates.
• E. Euro area Euro Short-Term Rate
  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.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.