Yield on the BMA-PGBI remained stable generally and the PGBI''s value increased by 0.02% to close at 100.5157. The yields to maturity were stable in the short tenors, rose by 1 basis points in the medium tenors, and by 2 basis points in the long tenors. The effect of interest rate return led to an increase in the BMA-PGBI.

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Index Statistics             28-December-2005   27-December-2005          Change

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BMA-PGBI         (Index Value)     100.5157         100.4994    0.0162   (0.02%)

Principal Return (Index Value)      83.8142          83.8186   -0.0044  (-0.01%)

Interest Return   %                   19.93%           19.90%   0.0003   (0.13%)

Average Coupon    %                 10.5724          10.5725   -0.0001   (0.00%)

Average Maturity  %                  5.8731           5.8759   -0.0028  (-0.05%)

Average Yield     %                  9.2284           9.2280    0.0004   (0.00%)

Average Duration        Value        4.1097           4.1124   -0.0027  (-0.07%)

Average Convexity       Value       27.2184          27.2192   -0.0008   (0.00%)

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Copyright Business Recorder, 2005