MANILA  -The average rate on the benchmark 91-day Treasury bills decreased further by 9.8 basis points (bps) amid mixed results in the latest auction, with the government raising a total of P15 billion as planned. The yield on the three-month T-bills settled at 5.573 percent from 5.671 percent in the previous weekly auction. Meanwhile, the average yield on the 182-day T-bills increased by 1.7 bps to average 5.993 percent from 5.986 percent. On the other hand, the average rate on the 364-day T-bills decreased by 3.

https://business.inquirer.net/418202/91-day-t-bill-rate-eases-market-digests-possible-reserves-cut

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