Manila, June 23 -- Results were mixed during the Treasury bills (T-bills) auction on Monday as the Auction Committee decided to fully award bids for the 181- and 364-day T-bills while partially awarding the 91- day security.

The 181- and 364-day T-bills fetched average rates of 5.557 percent and 5.655 percent, respectively.

The 91-day T-bill was capped at an average of 5.530 percent

The auction was 2.6 times oversubscribed, attracting PHP65.5 billion in total tenders.

The BTr said this prompted the Auction Committee to double the accepted non-competitive bids for the 181-day T-bills to PHP6.4 billion.

With its decision, the committee raised PHP24.6 billion of the PHP25 billion total offering

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