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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