Let be the set of all nonsingular lower triangular -matrices. Hong and Loewy (2004) introduced the numbers A related family of numbers was considered by Ilmonen, Haukkanen, and Merikoski (2008): These numbers can be used to bound the singular values of matrices belonging to and they appear, e.g., in eigenvalue bounds for power GCD matrices, lattice-theoretic meet and join matrices, and related number-theoretic matrices. In this paper, it is shown that for odd, one has the lower bound and for even, one has where denotes the golden ratio. These lower bounds improve the estimates derived previously by Mattila (2015) and Altini\c{s}ik et al. (2016). The sharpness of these lower bounds is assessed numerically and it is conjectured that as . In addition, a new closed form expression is derived for the numbers , viz.

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