NO.PZ2020031801000028
问题如下：
which of the following statements about the ideal reference rate is not correct?
选项：
A.Benchmarks should be derived from actual transactions in active and liquid markets, not susceptible to manipulation
B.Benchmarks offer a reference rate for financial contracts that extend beyond
the money market.
C.
Libor can satisfy all the requirements for an an Ideal Reference Rate
D.it could serve as a benchmark for term lending and funding.
解释：
C is correct.
选项C错误，Libor作为Reference rate存在缺点。
Benchmarks offer a reference rate for financial contracts that extend beyond the money market.是什么意思呢，就是说reference rate不仅用于货币市场，还有用于OTC/Capital market吗？
