Manila, Feb. 17 -- The Bureau of the Treasury (BTr) fully awarded Treasury bills (T-bills) during Monday's auction.

The 91-, 182-, and 364-day T-bills fetched average rates of 5.318 percent, 5.662 percent, and 5.780 percent, respectively.

The comparative PHP Bloomberg Valuation Service yield, meanwhile, settled at 5.158 percent for the three-month tenor, 5.564 percent for the six-month tenor, and 5.743 percent for the one-year tenor.

Rizal Commercial Banking Corporation chief economist Michael Ricafort said Treasury bills average auction yields corrected slightly higher for the second straight week following the Bangko Sentral ng Pilipinas' decision to maintain policy rates.

"T-bill auction yields are now mostly unusually slightly hig...