Yields on the BMA-PGBI decreased by 4 bps and its value increased by 0.01% to close at 100.2024. The short tenors increased by 1 basis point, while the medium tenors increased 2 basis points in the 4 -5 years segment, decreased by 1 basis point in the 5 -6 year segment, and remained stable for all other segments.
The long tenors experienced increases of 1 - 2 basis points with the exception of the 9 - 10 year segment, which experienced a decline of 1 basis point. The decrease in yields resulted in an increase in the value of the BMA-PGBI.

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Index Statistics                24-Nov-05     23-Nov-05       Change
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BMA-PGBI          (Index Value) 100.2024 100.1896   0.0128   (0.01%)
Principal Return  (Index Value)  84.2328  84.2412  -0.0084  (-0.01%)
Interest Return    %               18.96%   18.93%  0.0003   (0.14%)
Average Coupon     %             10.5775  10.5777  -0.0002   (0.00%)
Average Maturity   %              5.9086   5.9114  -0.0028  (-0.05%)
Average Yield      %              9.1311   9.1276   0.0035   (0.04%)
Average Duration         Value    4.1416   4.1439  -0.0023  (-0.06%)
Average Convexity        Value   27.3508  27.3647  -0.0139  (-0.05%)
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