Yield on the BMA-PGBI increased by 3 basis points and its value decreased by 0.08% to close at 100.4127. The yields to maturity increased by 2 to 3 basis point in the short tenors, by 3 to 5 basis points in the medium tenors, whereas yield to maturities in the long tenors increased by 2 - 4 basis points. The increases in yields resulted in a drop in the value of the BMA-PGBI.
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Index Statistics 30-December-2005 29-December-2005 Change
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BMA-PGBI (Index Value) 100.4127 100.4978 -0.0851 (-0.08%)
Principal Return (Index Value) 83.6529 83.7713 -0.1184 (-0.14%)
Interest Return % 20.03% 19.97% 0.0007 (0.34%)
Average Coupon % 10.5718 10.5720 -0.0002 (0.00%)
Average Maturity % 5.8663 5.8701 -0.0038 (-0.06%)
Average Yield % 9.2721 9.2414 0.0307 (0.33%)
Average Duration Value 4.1082 4.1062 0.0019 (0.05%)
Average Convexity Value 27.0789 27.2076 -0.1286 (-0.47%)
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Copyright Business Recorder, 2005