Daily Market Report

Wednesday, 7 March 2001

There was heavy trading on the New Zealand Futures & Options Exchange today involving 5747 futures and 580 options contracts traded with a face value of NZ$3.16 billion.

The Mar-01 90 Day Bank Bill Contract settled up 3 points at 9370 (6.30%). The June-01 90 Day Bank Bill Contract settled up 6 points at 9411 (5.89%) and the Sept-01 90 Day Bank Bill Contract settled up 7 points at 9423 (5.77%). The Dec-01 90 Day Bank Bill Contract settled up 7 points at 9420 (5.80%).

The Mar-01 Three Year Government Stock Futures Contract settled up 6 points at 9429 (5.71%) and the Mar-01 Ten Year Government Stock Futures Contract settled up 4 points at 9405 (5.95%).

The March-01 NZSE-10 Share Index Futures Contract settled up 24 points at 930.

The March-01 Electricity Futures Contract closed at $41.00 M/wh.

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