Yields on the BMA-PGBI increased by 1.2 pps and its value increased by 0.02% to close at 99.3073. The yield to maturities for the short tenors increased by 1 basis point, while the medium tenors remained stable. The long tenors saw a 3 basis points increase in yields, but only amongst the 10-15 year segment. This increase in yields was more than negated by the interest rate return, which thus led to the increase in value of the BMA-PGBI.
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Index Statistics 26-Oct-05 25-Oct-05 Change
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BMA-PGBI (Index Value) 99.3073 99.2919 0.0153 (0.02%)
Principal Return (Index Value) 83.8816 83.8869 -0.0053 (-0.01%)
Interest Return % 18.39% 18.36% 0.0003 (0.14%)
Average Coupon % 10.4543 10.4543 0.0001 (0.00%)
Average Maturity % 5.8537 5.8565 -0.0027 (-0.05%)
Average Yield % 9.2389 9.2377 0.0012 (0.01%)
Average Duration Value 4.0848 4.0875 -0.0027 (-0.07%)
Average Convexity Value 27.2618 27.2628 -0.0010 (0.00%)
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Copyright Business Recorder, 2005