Question: Has LIBOR served successfully as a benchmark interest rate? Why is LIBOR being replaced? Do you believe its weaknesses or failures justify its replacement? Will

Has LIBOR served successfully as a benchmark interest rate?
Why is LIBOR being replaced? Do you believe its weaknesses or failures justify its replacement?
Will LIBORs replacements across countries really serve the same purposes as LIBOR has for the past 50 years?

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