Tuesday, 21 November 2000

There was light trading on the New Zealand Futures & Options Exchange today involving 291 futures and 60 options contracts traded with a face value of NZ$175 million.

The Dec-00 90 Day Bank Bill Futures Contract settled unchanged at 9336 (6.64%) The Mar-01 90 Day Bank Bill Contract settled unchanged at 9325 (6.75%). The June-01 90 Day Bank Bill Contract settled unchanged at 9318 (6.82%) and the Sept-01 90 Day Bank Bill Contract settled down 1 point at 9315 (6.85%).

The Dec-00 Three Year Government Stock Futures Contract settled unchanged at 9346 (6.54%) and the Dec-00 Ten Year Government Stock Futures Contract settled up 3 points at 9346 (6.54%).

The December-00 NZSE-10 Share Index Futures Contract settled down 16 points at 886.

The November-00 Electricity Futures Contract closed at $29.80 M/wh.

ends

For further information contact Greg Boland at the NZFOE on (09) 309 8308 or (021) 428 600.