BMA-PGBI Closing Bell

BMA-PGBI yield went up by 8 basis points, which ended in downward move of its value by 0.21% to close at 94.94. Upward trend in yield to maturities was witnessed in second half of the day when the Central Bank accepted bids of Rs 108 billion in all three tenors of T-Bills by increasing cut-off, on average, by 15 basis points.

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Index Statistics                08-June-05     07-June-05     Change

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BMA-PGBI          (Index Value)  94.9420  95.1463  -0.2043  (-0.21%)

Principal Return  (Index Value)  82.2002  82.4518  -0.2516  (-0.31%)

Interest Return    %              15.50%   15.40%   0.0010   (0.68%)

Average Coupon     %             10.4677  10.4650   0.0027   (0.03%)

Average Maturity   %              6.0943   6.0988  -0.0045  (-0.07%)

Average Yield      %              9.5951   9.5161   0.0789   (0.83%)

Average Duration   Value          4.1629   4.1710  -0.0081  (-0.19%)

Average Convexity  Value         28.3219  28.3859  -0.0640  (-0.23%)

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