How selected financial indicators and other selected variables affect 91-day, 182-day, and 364-day treasury bill rates from 1982-2012
This paper studies the effects of selected variables namely inflation rate, reverse repurchase agreement rate, reserve requirement rate, market liquidity and peso-dollar exchange rate on the rates of the 91-day, 182-day, and 364-day Philippine treasury bills using the ordinary least squares regressi...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2014
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/18367 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | This paper studies the effects of selected variables namely inflation rate, reverse repurchase agreement rate, reserve requirement rate, market liquidity and peso-dollar exchange rate on the rates of the 91-day, 182-day, and 364-day Philippine treasury bills using the ordinary least squares regression method. Results show that all variables, except reserve requirement for the 91-day maturity, affect the dependent variable across all maturities, reserve requirement and market liquidity affecting negatively while inflation, reserve repurchase agreement rate and dollar-peso exchange rate affecting treasury bill rates positively. |
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