BMA-PGBI Closing Bell

The BMA-PGBI yield was down by 4 bps, and the BMA-PGBI value went up by 0.18% to close at 93.9481. Today, market witnessed general consensus on stability in fixed income rates, which resulted in across the curve downward movement in yield, moving value up from the previous day level.

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Index Statistics               23-May-05      22-May-05       Change

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BMA-PGBI          (Index Value)  93.9481  93.7823   0.1659   (0.18%)

Principal Return  (Index Value)  81.4479  81.2847   0.1632   (0.20%)

Interest Return    %               15.35%   15.38% -0.0003  (-0.18%)

Average Coupon     %             10.4757  10.4758   0.0000   (0.00%)

Average Maturity   %              6.1169   6.1178  -0.0010  (-0.02%)

Average Yield      %              9.7898   9.8320  -0.0422  (-0.43%)

Average Duration         Value    4.1764   4.1747   0.0017   (0.04%)

Average Convexity        Value   28.0467  28.0020   0.0447   (0.16%)

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