MANILA, April 8 -- Results were mixed during Monday's auction as the Bureau of the Treasury (BTr) fully awarded bills for Treasury bills (T-bills) while partially awarding the re-issued 10-year Treasury bonds (T-bonds).

The 90-, 181-, and 364-day T-bills fetched average rates of 5.772 percent, 5.885 percent, and 5.983 percent, slightly higher than last week's average rate.

Last week, the average auction yield for the 91-, 182-, and 364-day tenor was slightly lower at 5.704 percent, 5.865 percent, and 5.965 percent, respectively.

"[This is] similar to the slightly week-on-week slight increase in most comparable short-term PHP BVAL (Bloomberg Valuation Service) yields after the latest pick up in the headline inflation data to 3.7%, the f...