Bond Market Overview

Wednesday, 10 June 2026

The local sovereign and corporate bond market remains the most active part of the MSE. The diverse nature of the issuers gives the investor plenty of scope to select issues that suit their investment requirements. Liquidity may be tight as bonds of high quality issuers are not always easy to find.

Corporate Bonds (EUR)

Bond	Maturity Date	Volume	Best Bid (EUR)	Best Offer (EUR)	Yield To Maturity (%)	Closing Price (EUR)	Last Trade
3.25% APS 2025-2030	11/19/2030	-	0.00	0.00	4.58%	94.75	10/06/2026
3.25% AXG 2026 SI	12/20/2026	-	98.50	99.99	7.94%	97.57	10/06/2026
3.5% AXR 2032	02/06/2032	22,400	92.50	94.00	5.05%	92.5	10/06/2026
3.5% BOV 2030 S1 T1	08/08/2030	-	0.00	96.00	5.42%	93	10/06/2026
3.5% BOV 2030 S2 T1	08/08/2030	-	94.00	95.00	5.14%	94	10/06/2026
3.5% GO 2031	6/25/2031	5,300	95.00	95.75	4.63%	95	10/06/2026
3.5% SFC 2027	9/13/2027	-	99.25	100.50	4.11%	99.25	10/06/2026
3.65% IHI 2031	12/07/2031	6,000	93.50	93.95	5.03%	93.5	10/06/2026
3.65% MOF 2028-2031	10/15/2031	-	95.55	96.00	4.59%	95.6	10/06/2026
3.65% STV 2029	7/29/2029	-	0.00	97.50	4.50%	97.57	10/06/2026
3.75% AXG 2029 S2	12/20/2029	-	96.00	99.00	4.05%	99	10/06/2026
3.75% BOV 2026-2031	6/15/2031	-	0.00	95.00	4.66%	96	10/06/2026
3.75% BRX 2027	12/01/2027	-	98.25	99.88	3.74%	99.99	10/06/2026
3.75% MCY 2027	3/27/2027	3,500	97.50	99.00	7.03%	97.5	10/06/2026
3.75% PRC 2026	11/23/2026	-	98.31	99.89	7.46%	98.31	10/06/2026
3.75% TMF 2029	6/27/2029	-	96.45	97.50	4.83%	97	10/06/2026
3.75% TUM 2027	07/10/2027	-	97.26	98.50	6.45%	97.26	10/06/2026
3.75% VRT 2027	11/30/2027	-	98.30	98.99	4.46%	98.99	10/06/2026
3.8% HLF 2029	8/27/2029	-	94.51	95.80	5.01%	96.49	10/06/2026
3.85% HLF 2028	7/24/2028	-	96.01	98.23	5.90%	96.01	10/06/2026
3.9% BRW 2027-2031	07/09/2031	-	95.55	96.00	4.91%	95.55	10/06/2026
3.9% PZC 2026	9/22/2026	-	0.00	100.00	3.79%	100	10/06/2026
4% CBC 2027-2033	11/10/2033	-	0.00	92.50	5.69%	90	10/06/2026
4% CCS 2030	8/19/2030	-	93.12	96.43	5.36%	95	10/06/2026
4% EFC 2027	4/28/2027	-	99.00	99.50	3.98%	100	10/06/2026
4% EXF 2028	8/20/2028	-	97.11	100.00	3.99%	100	10/06/2026
4% HLF 2027	03/11/2027	-	98.09	99.00	5.34%	99	10/06/2026
4% IHI 2026	7/29/2026	-	0.00	0.00	5.12%	99.83	10/06/2026
4% IHI 2026 B	12/20/2026	-	98.27	99.80	7.79%	98.01	10/06/2026
4% LSI 2026-2031	06/02/2031	-	0.00	0.00	4.00%	100	10/06/2026
4% MED 2024-2029 EUR	11/05/2029	-	0.00	98.70	4.97%	97	10/06/2026
4% MIDI 2026	7/27/2026	-	98.00	99.00	19.58%	98	10/06/2026
4% MPC 2032 S1/22 T1	6/30/2032	-	98.00	99.00	4.38%	98	10/06/2026
4% SHM 2026	08/01/2026	-	97.00	97.50	25.36%	97	10/06/2026
4% SPF 2029	05/03/2029	-	97.01	99.49	4.74%	98.03	10/06/2026
4% STV 2027	10/18/2027	-	98.25	98.55	5.40%	98.2	10/06/2026
4.25% CCM 2024-2026	05/08/2026	-	0.00	0.00	16.69%	99.5	23/04/2026
4.25% CLP 2033	8/25/2033	5,000	0.00	99.90	4.41%	99	10/06/2026
4.25% CPHCL 2026	04/12/2026	-	0.00	0.00	54.98%	98.01	30/03/2026
4.25% IZI 2029	4/14/2029	-	0.00	99.95	4.25%	100	10/06/2026
4.25% MCY 2031	3/27/2031	-	0.00	97.50	4.90%	97.25	10/06/2026
4.3% MCY 2032	4/25/2032	-	96.10	97.25	4.90%	96.99	10/06/2026
4.35% HDS 2026	04/06/2026	-	98.01	99.95	35.36%	98	13/03/2026
4.35% SDF 2027	4/25/2027	-	97.90	99.99	4.33%	100	10/06/2026
4.4% CBC 2027 S1/17 T1	07/07/2027	-	0.00	100.00	6.89%	97.5	10/06/2026
4.5% BNF 2027 - 2032	7/29/2032	-	93.01	94.00	5.04%	97.2	10/06/2026
4.5% END 2029	3/22/2029	-	0.00	98.00	4.53%	99.9	10/06/2026
4.5% G3 2032	04/06/2032	10,000	0.00	99.80	4.56%	99.7	10/06/2026
4.5% GHM 2027	8/23/2027	-	97.91	100.00	4.49%	100	10/06/2026
4.5% HIL 2025	10/16/2025	-	98.00	99.00	7.30%	99	06/12/2025
4.5% IZB 2025	6/30/2025	-	0.00	100.00	4.31%	100	06/12/2025
4.5% MDS 2026 EUR	02/05/2026	-	0.00	0.00	4.31%	100	21/01/2026
4.5% ONA 2028 - 2034	6/21/2034	-	96.50	98.39	5.11%	96.05	10/06/2026
4.5% SHM 2032	08/01/2032	-	0.00	87.50	7.42%	86	10/06/2026
4.55% STA 2032	02/07/2032	-	97.01	98.00	4.88%	98.4	10/06/2026
4.65% SMF 2031	4/22/2031	-	97.51	99.81	4.69%	99.81	10/06/2026
4.65% SMF 2032	8/23/2032	-	97.05	99.49	5.23%	97	10/06/2026
4.75% BDPH 2025-2027	11/30/2027	21,600	100.00	0.00	4.73%	100	10/06/2026
4.75% DNF 2033	11/19/2033	-	0.00	98.40	4.97%	98.65	10/06/2026
4.75% GAP 2025-2027	12/22/2027	17,500	100.00	0.00	4.73%	100	10/06/2026
4.75% GLR 2028	11/30/2028	-	95.00	0.00	6.54%	96	10/06/2026
4.75% KAF 2026-2029	8/23/2029	-	0.00	95.00	6.89%	94	10/06/2026
4.8% MMHF 2026	10/14/2026	-	0.00	98.00	7.59%	98.99	10/06/2026
4.85% JDC 2032 S1 T1	11/25/2032	-	0.00	98.99	5.22%	98	10/06/2026
4.9% CLS 2032	02/09/2032	-	99.50	0.00	4.89%	100	10/06/2026
5% BLF 2026-2029	02/07/2029	-	0.00	98.99	5.41%	98.98	10/06/2026
5% BOV 2029-2034 S1 T1	11/28/2034	-	100.00	100.25	5.00%	100	10/06/2026
5% BSB 2029	6/28/2029	-	0.00	99.97	4.64%	101	10/06/2026
5% CFE 2028-2033	01/06/2033	-	98.00	99.00	5.09%	99.5	10/06/2026
5% CVS 2026-2029	03/08/2029	-	99.00	99.50	5.19%	99.5	10/06/2026
5% DZF 2026	10/07/2026	-	0.00	98.99	13.90%	97.1	10/06/2026
5% FES 2029	3/18/2029	-	0.00	0.00	5.59%	98.5	10/06/2026
5% HHF 2023-2028	5/19/2028	-	0.00	0.00	4.99%	99.99	27/10/2025
5% HLF 2029	7/17/2029	-	99.00	100.00	5.35%	99	10/06/2026
5% HLF 2033	02/06/2033	36,100	0.00	100.00	5.00%	100	10/06/2026
5% HRZ 2026-2029	3/15/2029	-	0.00	96.00	4.99%	100	10/06/2026
5% IZB 2027 - 2032	9/15/2032	-	93.01	98.00	5.97%	95	10/06/2026
5% LLF 2028	7/29/2028	-	0.00	95.90	7.08%	96	10/06/2026
5% MDS 2029	12/20/2029	-	99.00	0.00	4.99%	100	10/06/2026
5% MED 2022-2027 EUR	10/13/2027	-	0.00	0.00	4.99%	99.99	10/06/2026
5% MRN 2032	12/16/2032	-	100.00	105.00	4.99%	100	10/06/2026
5% VDH 2032	12/16/2032	-	95.01	97.00	5.56%	97	10/06/2026
5.00% BOV 2030-2035 S1 T1	12/05/2035	-	0.00	100.25	5.00%	100	10/06/2026
5.00% BOV 2030-2035 S2 T1	07/07/2035	-	98.50	100.45	5.00%	100	10/06/2026
5.1% 6PM 2025	7/31/2025	-	0.00	99.99	12.44%	99	06/12/2025
5.10% PLG 2028 -2030	11/19/2030	-	0.00	100.00	4.97%	100.49	10/06/2026
5.2% HHF 2035	10/28/2035	-	97.03	99.89	5.21%	99.89	10/06/2026
5.2% SDF 2031 S1/T1	2/15/2031	900	100.50	100.70	5.07%	100.5	10/06/2026
5.2% SDF 2031 S1/T2	2/15/2031	-	0.00	100.49	5.19%	100	10/06/2026
5.2% SDF 2031 S1/T3	2/15/2031	-	100.00	100.50	5.07%	100.5	10/06/2026
5.2% TUM 2031-2034	11/22/2034	-	99.50	100.99	5.12%	100.5	10/06/2026
5.2% VBL 2030-2034	10/25/2034	5,000	98.51	100.15	5.17%	100.15	10/06/2026
5.25% ACM 2028 -2030	8/20/2030	20,000	97.00	99.90	5.27%	99.89	10/06/2026
5.25% BBP 2033 S1 T1	04/03/2033	-	100.50	101.49	5.25%	100	10/06/2026
5.25% CBC 2025 S2 T1	12/30/2025	-	0.00	101.00	5.13%	100	06/12/2025
5.25% KLF 2027	7/31/2027	-	0.00	0.00	5.24%	100	10/06/2026
5.25% MIH 2027	07/06/2027	-	99.50	100.00	5.24%	100	10/06/2026
5.25% QWR 2033	2/27/2033	-	100.75	102.99	5.11%	100.75	10/06/2026
5.3% GTR 2030	07/04/2030	-	99.00	100.99	5.03%	100.98	10/06/2026
5.3% MCY 2034	09/10/2034	-	98.00	100.95	5.30%	100	10/06/2026
5.30% IHI 2035	04/01/2035	300	100.25	101.95	5.26%	100.25	10/06/2026
5.35% BDPH 2032	2/21/2032	-	0.00	101.00	5.14%	101	10/06/2026
5.35% CPHCL 2035	12/18/2035	-	100.00	101.45	5.34%	100.05	10/06/2026
5.35% DSM 2028	10/28/2028	-	50.07	90.00	10.26%	90	10/06/2026
5.35% HMV 2031-2034	7/26/2034	-	99.51	101.49	5.43%	99.5	10/06/2026
5.35% JMB 2035	11/07/2035	15,000	98.14	100.20	5.28%	100.49	10/06/2026
5.35% MAR 2029-2031	6/27/2031	-	97.01	100.00	5.35%	100	10/06/2026
5.4% AGB 2035 S1 T1	10/10/2035	-	0.00	100.10	5.38%	100.14	10/06/2026
5.4% BBT 2032-2036	04/09/2036	-	99.25	101.45	5.22%	101.3	10/06/2026
5.4% ECL 2031	12/30/2031	-	99.75	100.00	5.39%	100	10/06/2026
5.5% 9HC 2027	6/19/2027	-	0.00	101.50	5.50%	100	10/06/2026
5.5% AES 2036 S1 T2	10/08/2036	-	99.50	100.50	5.43%	100.49	10/06/2026
5.5% FTD 2036	2/27/2036	-	0.00	100.50	5.41%	100.6	10/06/2026
5.5% IGF 2024-2027	5/17/2027	-	0.00	0.00	6.34%	99	17/02/2026
5.5% IZI 2036	04/02/2036	-	0.00	101.00	5.43%	100.5	10/06/2026
5.5% JUE 2035	6/27/2035	-	99.50	100.20	5.64%	99.01	10/06/2026
5.5% QLZ 2030 -2035 S1 T2	7/22/2035	-	98.09	100.00	5.50%	99.99	10/06/2026
5.5% QLZ 2030 -2035 S1T1	7/22/2035	-	98.01	100.00	5.50%	100	10/06/2026
5.5% TST 2029	01/09/2029	-	0.00	98.00	5.91%	99	10/06/2026
5.5% YCT 2021-2025	9/13/2025	-	0.00	0.00	16.49%	98	07/09/2025
5.50% MDS 2031-2036	6/30/2036	-	0.00	0.00	5.17%	102.5	10/06/2026
5.50% TTM 2032	04/02/2032	-	99.61	101.43	5.20%	101.47	10/06/2026
5.6% JDC 2035	5/23/2035	-	97.00	99.50	5.60%	99.99	10/06/2026
5.7% MRK 2033	08/12/2033	15,000	99.01	101.00	5.53%	100.98	10/06/2026
5.70% CBC 2030-2035 S1 T1	12/04/2035	-	0.00	98.99	5.84%	98.99	10/06/2026
5.75% AQC 2027	12/21/2027	-	99.95	100.00	5.76%	99.95	10/06/2026
5.75% BDPH 2027-2029	04/12/2029	-	100.05	101.99	4.97%	102	10/06/2026
5.75% CAV 2032 S1T1	5/26/2032	-	100.00	101.75	5.53%	101.1	10/06/2026
5.75% IGI 2031-2036	02/12/2036	-	0.00	98.95	5.89%	98.95	10/06/2026
5.75% PHN 2028-2033	12/30/2033	-	101.60	103.50	5.50%	101.5	10/06/2026
5.75% PLG 2028	11/23/2028	-	100.17	102.00	4.89%	101.9	10/06/2026
5.8% AES 2036 S1 T1	03/01/2036	-	99.50	101.77	5.66%	101	10/06/2026
5.8% APS 2028-2033 S1 T1	12/01/2033	-	104.00	0.00	5.14%	104	10/06/2026
5.8% GPH 2032	4/22/2032	400	100.75	101.00	5.64%	100.75	10/06/2026
5.85% AXG 2033	11/07/2033	-	103.00	0.00	5.47%	102.25	10/06/2026
5.85% BGA 2034	5/14/2034	-	102.00	103.50	5.30%	103.5	10/06/2026
5.85% MIH 2028	7/31/2028	-	100.01	101.00	4.98%	101.7	10/06/2026
5.9% TGS 2024-2026	7/22/2026	-	0.00	101.00	5.88%	100	06/12/2025
6% IHI 2033	11/14/2033	1,400	102.00	102.99	5.49%	102.99	10/06/2026
6% JDC 2033 S2 T1	7/19/2033	-	100.50	101.25	5.91%	100.5	10/06/2026
6% LDB 2030-2035 S1 T1	7/23/2035	-	0.00	101.75	6.00%	100	10/06/2026
6% MUL 2032 S1 T1	4/27/2032	-	97.00	100.00	6.00%	100	10/06/2026
6% PHC 2033	02/03/2033	-	100.51	102.00	5.90%	100.5	10/06/2026
6.25% AST 2033	6/16/2033	-	100.15	102.59	5.79%	102.6	10/06/2026
6.25% CMF 2034	2/23/2034	2,000	101.60	102.00	5.91%	102	10/06/2026
6.25% GPH 2030	03/10/2030	-	100.13	102.10	5.60%	102.1	10/06/2026
6.25% TGS 2030 -2032	2/14/2032	-	0.00	100.00	6.24%	100	10/06/2026
7.25% HRT 2025-2027	11/28/2027	-	0.00	100.00	7.20%	100	10/06/2026

* Where more than one maturity date exists, YTW is calculated on earliest maturity date.

Corporate Bonds (GBP)

Bond	Maturity Date	Volume	Best Bid (GBP)	Best Offer (GBP)	Yield To Maturity (%)	Yield To Worst (%) *	Closing Price (GBP)	Last Trade	Ranking
4% MED 2024-2029 GBP	11/05/2029	-	0.00	96.50	5.14%		96.5	10/06/2026
5% MED 2022-2027 GBP	10/13/2027	-	0.00	0.00	4.98%		100	10/06/2026

* Where more than one maturity date exists, YTW is calculated on earliest maturity date.

Corporate Bonds (USD)

Bond	Maturity Date	Volume	Best Bid (USD)	Best Offer (USD)	Yield To Maturity (%)	Yield To Worst (%) *	Closing Price (USD)	Last Trade	Ranking
5.75% MDS 2026 USD	02/05/2026	-	0.00	0.00	5.45%		100	21/01/2026
6.50% MDS 2031-2036	6/30/2036	-	0.00	107.50	6.16%		102.5	10/06/2026

* Where more than one maturity date exists, YTW is calculated on earliest maturity date.

Government Bonds (EUR)

Bond	Maturity	Volume Traded	Closing Price (Trading)	Central Bank Malta (Closing Bid Price)	Yield To Maturity (%) *
0.10% MGS 2026 (IV)	7/20/2026	-	98.23	0.00	16.82%
0.25% MGS 2026 (III)	11/18/2026	-	98.08	98.25	4.76%
0.40% MGS 2026 (II)	10/20/2026	-	98.16	0.00	5.64%
0.40% MGS 2027 (IV)	11/19/2027	-	96.72	0.00	2.74%
0.5% MGS 2025 (II)	11/8/2025	-	98.61	0.00	4.03%
0.75% MGS 2025 (III)	7/17/2025	-	103.31	0.00	-34.32%
0.80% MGS 2027 (III)	4/29/2027	-	98.00	0.00	3.11%
0.90% MGS 2027 (V)	08/12/2027	-	97.71	0.00	2.90%
0.90% MGS 2031 (V)	07/11/2031	-	89.26	0.00	3.21%
1.0% MGS 2031 (II)	4/23/2031	-	89.96	0.00	3.25%
1.00% MGS 2035 (II)	8/23/2035	-	78.47	81.00	3.79%
1.20% MGS 2037 (I)	5/13/2037	-	78.01	0.00	3.66%
1.40% MGS 2046 (I)	8/20/2046	-	59.38	0.00	4.48%
1.5% MGS 2027 (I)	6/15/2027	-	99.07	98.95	2.44%
1.50% MGS 2045 (I)	10/22/2045	-	62.72	0.00	4.37%
1.60% MGS 2032 (III)	05/03/2032	-	89.80	0.00	3.53%
1.70% MGS 2028 (IV)	08/04/2028	200,000	97.45	97.44	2.93%
1.80% MGS 2051 (I)	8/28/2051	-	58.57	61.00	4.59%
1.85% MGS 2029 (III)	5/30/2029	-	96.40	0.00	3.13%
2.00% MGS 2051 (II)	07/10/2051	-	62.54	0.00	4.51%
2.1% MGS 2039 (I)	8/24/2039	-	80.27	0.00	4.04%
2.10% MGS 2032 (IV)	4/15/2032	-	94.56	0.00	3.13%
2.2% MGS 2035 (I)	11/24/2035	-	86.29	0.00	3.95%
2.3% MGS 2029 (II)	7/24/2029	118,900	97.77	0.00	3.05%
2.4% MGS 2041 (I)	7/25/2041	-	80.00	80.10	4.20%
2.40% MGS 2052 (I)	8/13/2052	-	75.22	0.00	3.92%
2.5% MGS 2036 (I)	11/17/2036	5,000	87.60	0.00	3.96%
2.55% MGS 2030 (V)	02/06/2030	-	100.00	99.50	2.55%
2.55% MGS 2030 (V) A	02/06/2030	-	99.19	0.00	2.77%
2.55% MGS 2030 (V) r	02/06/2030	-	100.00	0.00	2.55%
2.60% MGS 2028 (V)	5/22/2028	-	99.41	99.71	2.91%
2.60% MGS 2047 (I)	9/27/2047	-	89.60	0.00	3.28%
2.80% MGS 2030 (III)	2/27/2030	-	98.88	0.00	3.12%
2.9% MGS 2032 (VI)	10/24/2032	-	96.59	97.00	3.50%
3% MGS 2040 (I)	06/11/2040	-	88.25	0.00	4.11%
3.00% MGS 2030 (IV)	11/05/2030	-	100.00	100.00	3.00%
3.15% MGS 2027 (VII)	5/20/2027	-	100.68	100.75	2.41%
3.25% MGS 2034 (IV)	09/05/2034	-	96.00	96.20	3.82%
3.35% MGS 2029 (V)	11/27/2029	-	100.73	100.81	3.13%
3.4% MGS 2027 (VI)	9/24/2027	-	101.03	0.00	2.58%
3.40% MGS 2035 (IV)	7/16/2035	-	100.00	97.00	3.40%
3.40% MGS 2035 (IV) A	7/16/2035	-	98.24	0.00	3.62%
3.40% MGS 2035 (IV) FI A	7/16/2035	-	98.18	0.00	3.63%
3.40% MGS 2035 (IV) r	7/16/2035	-	100.00	0.00	3.40%
3.40% MGS 2042 (I)	8/26/2042	-	91.00	65.00	4.17%
3.50% MGS 2028 (VI)	07/07/2028	5,000	101.00	0.00	3.00%
3.50% MGS 2034 (III)	7/31/2034	20,000	98.41	97.10	3.73%
3.50% MGS 2035 (III)	12/18/2035	22,200	96.71	0.00	3.92%
3.50% MGS 2035 (III) A	12/18/2035	-	100.34	0.00	3.46%
3.50% MGS 2035 (III) r	12/18/2035	281,900	101.40	101.40	3.34%
3.55% MGS 2026 (V)	07/08/2026	-	100.10	0.00	2.17%
3.7% MGS 2030 (II)	11/25/2030	-	106.09	0.00	2.25%
3.75% MGS 2033 (III)	8/17/2033	-	104.75	98.00	3.01%
3.80% MGS 2036 (III) A	04/08/2036	-	99.38	0.00	3.88%
3.80% MGS 2036 (III) r	04/08/2036	-	102.00	98.00	3.56%
3.80% MGS 2040 (II)	10/16/2040	-	96.46	95.71	4.13%
3.80% MGS 2040 (II) A	10/16/2040	-	99.65	0.00	3.83%
3.80% MGS 2040 (II) FI A	10/16/2040	-	100.10	0.00	3.79%
3.80% MGS 2040 (II) FI r	10/16/2040	-	98.00	0.00	3.98%
3.80% MGS 2040 (II) r	10/16/2040	3,000	100.00	99.74	3.80%
3.85% MGS 2026 (VI)	08/05/2026	-	101.19	0.00	-3.88%
3.95% MGS 2028 (VII)	08/08/2028	-	104.12	0.00	1.99%
4% MGS 2032 (VII)	3/30/2032	105,000	103.09	0.00	3.41%
4.00% MGS 2033 (IV)	12/05/2033	-	103.12	101.00	3.52%
4.00% MGS 2038 (I)	8/25/2038	4,000	100.05	100.00	3.99%
4.00% MGS 2043 (I)	11/26/2043	15,000	99.75	99.75	4.02%
4.1% MGS 2034 (I)	10/18/2034	-	102.35	0.00	3.77%
4.10% MGS 2041 (II)	11/28/2041	-	100.98	99.90	4.01%
4.10% MGS 2041 (II) A	11/28/2041	-	100.00	99.66	4.10%
4.10% MGS 2041 (II) r	11/28/2041	-	100.00	99.66	4.10%
4.3% MGS 2033 (I)	08/01/2033	-	104.68	0.00	3.55%
4.30% MGS 2038 (II)	11/15/2038	-	102.05	0.00	4.09%
4.45% MGS 2032 (II)	09/03/2032	-	105.37	0.00	3.48%
4.5% MGS 2028 (II)	10/25/2028	-	103.57	0.00	2.93%
4.65% MGS 2032 (I)	7/22/2032	-	106.47	0.00	3.47%
4.8% MGS 2028 (I)	09/11/2028	-	103.94	0.00	2.97%
5.1% MGS 2029 (I)	10/01/2029	-	106.22	0.00	3.10%
5.2% MGS 2031 (I)	9/16/2031	-	109.00	0.00	3.32%
5.25% MGS 2030 (I)	6/23/2030	-	107.72	0.00	3.19%
7% MGS 2025 (I)	12/31/2025	-	149.70	0.00	-57.15%
7% MGS 2026 (I)	12/31/2026	-	155.80	0.00	-61.47%
7% MGS 2032 (V)	12/31/2032	-	100.00	0.00	7.00%
7% MGS 2034 (II)	12/31/2034	-	100.00	100.00	7.00%
7% MGS 2036 (II)	12/31/2036	-	100.00	0.00	7.00%

* Where more than one maturity date exists, YTM is calculated on earliest maturity date.