Yield on the BMA-PGBI increased by 1 basis point and its value decreased by 0.02% to close at 100.4978. The yields to maturity increased by 2 basis point in the short tenors, by 3 to 4 basis points in the long tenors, whereas yield to maturities in the medium tenors witnessed a mixed trend. The increases in yields resulted in a drop in the value of the BMA-PGBI.

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Index Statistics             29-December-2005   28-December-2005          Change

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BMA-PGBI         (Index Value)     100.4978         100.5157   -0.0179  (-0.02%)

Principal Return (Index Value)      83.7713          83.8142   -0.0429  (-0.05%)

Interest Return   %                   19.97%           19.93%   0.0004   (0.20%)

Average Coupon    %                 10.5720          10.5724   -0.0004   (0.00%)

Average Maturity  %                  5.8701           5.8731   -0.0030  (-0.05%)

Average Yield     %                  9.2414           9.2284    0.0130   (0.14%)

Average Duration        Value        4.1062           4.1097   -0.0035  (-0.08%)

Average Convexity       Value       27.2076          27.2184   -0.0108  (-0.04%)

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Copyright Business Recorder, 2005