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T-bill auction results mixed; P7.1B raised

MONDAY's Treasury-bill auction saw mixed results with the government raising just under half of the amount on offer.

'[T]he auction committee decided to fully award bids for the 91-day T-bill while partially awarding the 182-day T-bill and rejecting bids for the 364-day T-bill,' the Bureau of the Treasury (BTr) said in a statement.