28-day securities falls anew

MANILA – The rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day bills declined anew on Friday as demand for the debt paper continued to remain strong.

Data released by the central bank showed that the average rate of the securities slipped to 1.9102 percent from 1.9144 percent during the auction last April 18.

The BSP lowered the of