To: Business News Desk

Daily Market Report

Wednesday, 11 October 2000

There was light trading on the New Zealand Futures & Options Exchange today involving 958 futures and 400 options contracts traded with a face value of NZ$0.429 billion.

The Dec-00 90 Day Bank Bill Futures Contract settled up 1 point at 9322 (6.78%)
The Mar-01 90 Day Bank Bill Contract settled up 1 point at 9296 (7.04%). The June-01 90 Day Bank Bill Contract settled down 1 point at 9288 (7.12%) and the Sept-01 90 Day Bank Bill Contract settled unchanged at 9288 (7.12%).

The Dec-00 Three Year Government Stock Futures Contract settled unchanged at 9325 (6.75%) and the Dec-00 Ten Year Government Stock Futures Contract settled unchanged at 9326 (6.74%).

The December-00 NZSE-10 Share Index Futures Contract settled down 23 points at 860.

The October-00 Electricity Futures Contract closed at $30.80 M/wh.

ends