Yields on the BMA-PGBI decreased by 6 pps and its value increased by 0.04% to close at 98.8537. Yields decreased by approximately 3 - 4 basis points in the short tenors while they decreased by 1 basis point in the medium tenors. However, in the long tenors, yield remained stable. This decrease in yields in the short and medium tenors coupled with interest rate return, led to the increase in value of the BMA-PGBI.
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Index Statistics 11-Oct-05 10-Oct-05 Change
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BMA-PGBI (Index Value) 98.8537 98.8148 0.0388 (0.04%)
Principal Return (Index Value) 83.7106 83.6895 0.0211 (0.03%)
Interest Return % 18.09% 18.07% 0.0002 (0.09%)
Average Coupon % 10.4553 10.4558 -0.0005 (-0.01%)
Average Maturity % 5.8858 5.8885 -0.0027 (-0.05%)
Average Yield % 9.2767 9.2830 -0.0063 (-0.07%)
Average Duration Value 4.0886 4.0909 -0.0022 (-0.05%)
Average Convexity Value 27.4883 27.4844 0.0039 (0.01%)
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