BMA-PGBI Closing Bell

Index Yield went down by 1 bps moving BMA Pakistan Government Bond Index (BMA-PGBI) moved up by 5 bps to 99.28 owing to some activity in medium term tenors. Short Term rates have seen a surge over the last few days primarity due to inflation fears.

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Index Statistics              05-Mar-05  04-Mar-05         Change

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BMA-PGBI          (Index Value)    99.28   99.23   0.048  (0.05%)

Principal Return  (Index Value)    89.27   89.24   0.032  (0.04%)

Interest Return    %               11.21%  11.20%  0.000  (0.13%)

Average Coupon     %               10.45   10.46  -0.001 (-0.01%)

Average Maturity   %                6.36    6.36  -0.003 (-0.04%)

Average Yield      %                7.73    7.74  -0.009 (-0.12%)

Average Duration   Value            4.44    4.44  -0.002 (-0.05%)

Average Convexity  Value           31.55   31.54   0.007  (0.02%)

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