Thursday, 12 April 2001

There was moderate trading on the New Zealand Futures & Options Exchange today involving 3798 futures contracts traded with a face value of NZ$1.89 billion.

The June-01 90 Day Bank Bill Contract settled down 4 points at 9435 (5.65%) and the Sept-01 90 Day Bank Bill Contract settled down 9 points at 9444 (5.56%). The Dec-01 90 Day Bank Bill Contract settled down 9 points at 9428 (5.72%) and the Mar-02 90 Day Bank Bill Contract settled down 8 points at 9405 (5.95%).

The June-01 Three Year Government Stock Futures Contract settled down 8 points at 9413 (5.87%) and the June-01 Ten Year Government Stock Futures Contract settled down 6 points at 9375 (6.25%).

The June-01 NZSE-10 Share Index Futures Contract settled down 3 points at 921.

The April-01 Electricity Futures Contract closed at $57.50 M/wh.

ends