BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved slightly upward which moved BMA-PGBI value up by around 71 paisa to 99.20. Main determinant of upward movement in Index value was interest rate return factor, otherwise demand in PIBs was still low.

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Index Statistics              28-Mar-05  27-Mar-05         Change

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BMA-PGBI         (Index Value)  99.2028  99.1957  0.0071  (0.01%)

Principal Return (Index Value)  88.6652  88.6822 -0.0170 (-0.02%)

Interest Return   %              11.88%   11.86%  0.0003  (0.25%)

Average Coupon    %             10.4567  10.4567  0.0000  (0.00%)

Average Maturity  %              6.2897   6.2923 -0.0026 (-0.04%)

Average Yield     %              7.8615   7.8566  0.0048  (0.06%)

Average Duration  Value          4.3701   4.3713 -0.0012 (-0.03%)

Average Convexity Value         31.2916  31.3303 -0.0387 (-0.12%)

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