How selected financial indicators and other selected variables affect 91-day, 182-day, and 364-day treasury bill rates from 1982-2012

• المؤلفون الرئيسيون: Chiong, John Paul L., Manio, Patricia Blanca G., Sy, Andromida Z., Tigas, Mark Chester F.
• التنسيق: text
• اللغة: English
• منشور في: Animo Repository 2014
• الموضوعات: Treasury bills > Philippines; Finance and Financial Management
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/etd_bachelors/18367

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.