T-bills rates rise after BSP rate hike
RATE UPTICK. The rates of Treasury bills (T-bills) increase on Monday (Aug. 22, 2022), which National Treasurer Rosalia de Leon traces to the latest policy rate hike decision of the Bangko Sentral ng Pilipinas (BSP). Monetary authorities increased the BSP's key rates on projections to address the elevated inflation rate, which is seen to peak either in October or November this year. (Photo courtesy of BTr) MANILA - The rates of Treasury bills (T-bills) rose on Monday, mirroring the path of the Bangko Sentral ng Pilipinas' (BSP) key policy rates. The average rate of the 91-day paper ros...