Daily Market Report

Tuesday, 15 May 2001

There was heavy trading on the New Zealand Futures & Options Exchange today involving 6180 futures contracts traded with a face value of NZ$3.09 billion.

The June-01 90 Day Bank Bill Contract settled up 1 point at 9425 (5.75%) and the Sept-01 90 Day Bank Bill Contract settled down 1 point at 9431 (5.69%). The Dec-01 90 Day Bank Bill Contract settled down 3 points at 9421 (5.79%) and the Mar-02 90 Day Bank Bill Contract settled down 5 points at 9401 (5.99%).

The June-01 Three Year Government Stock Futures Contract settled down 4 points at 9388 (6.12%) and the June-01 Ten Year Government Stock Futures Contract settled down 3 points at 9339 (6.61%).

The June-01 NZSE-10 Share Index Futures Contract settled unchanged at 947.

The May-01 Electricity Futures Contract closed at $60.50 M/wh.

ends