Investors pressed anew for an increase in Philippine benchmark interest rates for short-term loans. At Monday’s auction of Treasury bills on Nov. 22, the bellwether 91-day T-bill rate, which banks use in pricing their loans, rose to 1.178 percent from 1.150 percent previously. The Bureau of the Treasury sold the ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/22/short-term-benchmark-interest-rates-up-2/?utm_source=rss&utm_medium=rss&utm_campaign=short-term-benchmark-interest-rates-up-2)