Benchmark yields for short-term loans rose anew forcing the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on April 17, the national government raised a total of P9.175 billion, below the P15 billion program. Demand across then board reached P19.825 billion The 91-day Treasury bill rate increased to 5.550 percent from 5.314 percent last week. It was also higher than secondary market yield of 5.437 percent. The Treasury sold the P1.5 billion worth of three-month debt papers, lower than the P5 billion on offer. Investors were asking for P5.2 billion of the government security or IOU. Yield on the 182-day T-bill also rose to 5.812 percent from the previous 5.700 percent as investors were willing to buy P7.05 billion of the six-month IOUs. The government awarded only P3.45 billion. Interest rate on six-month papers also settled higher compared with the secondary market rate of 5.761 percent. Lastly, interest rate on the one-year IOU inched up to 6.073 percent from 5.991 percent last week. It was also above the secondary’s 6.000 percent. The one-yield debt papers attracted P7.575 billion worth of bids, and the government accepted only P4.225 billion as planned.