BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased by 3 pps and its value increased by 0.02% to close at 100.1768. The yields for the short tenors increased by 1 basis point, while the medium tenors remained unchanged.
The long tenors witnessed mixed trends as the 10-15 year segment declined by 1 basis point, while the 15-20 year segment increased by 1 basis point.
The increase in yields was more than negated by the interest rate return and this resulted in the increase in value of the BMA-PGBI.

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Index Statistics                21-Nov-05     20-Nov-05       Change

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BMA-PGBI          (Index Value) 100.1768 100.1610   0.0158   (0.02%)

Principal Return  (Index Value)  84.2722  84.2773  -0.0051  (-0.01%)

Interest Return    %               18.87%   18.85%  0.0003   (0.14%)

Average Coupon     %             10.5779  10.5779   0.0000   (0.00%)

Average Maturity   %              5.9170   5.9196  -0.0026  (-0.04%)

Average Yield      %              9.1184   9.1150   0.0034   (0.04%)

Average Duration         Value    4.1490   4.1516  -0.0025  (-0.06%)

Average Convexity        Value   27.3856  27.3852   0.0005   (0.00%)

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