Daily Market Report

Wednesday, 22 November 2000

There was light trading on the New Zealand Futures & Options Exchange today involving 1170 futures contracts traded with a face value of NZ$585 million.

The Dec-00 90 Day Bank Bill Futures Contract settled down 1 point at 9335 (6.65%) The Mar-01 90 Day Bank Bill Contract settled down 1 point at 9324 (6.76%). The June-01 90 Day Bank Bill Contract settled down 2 points at 9316 (6.84%) and the Sept-01 90 Day Bank Bill Contract settled down 3 points at 9312 (6.88%).

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 1 point at 9347 (6.53%).

The December-00 NZSE-10 Share Index Futures Contract settled unchanged at 886.

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

ends