Daily Market Report

Thursday, 24 May 2001

There was moderate trading on the New Zealand Futures & Options Exchange today involving 4109 futures contracts traded with a face value of NZ$2.05 billion.

The June-01 90 Day Bank Bill Contract settled down 2 points at 9422 (5.78%) and the Sept-01 90 Day Bank Bill Contract settled down 1 point at 9428 (5.72%). The Dec-01 90 Day Bank Bill Contract settled down 2 points at 9405 (5.95%) and the Mar-02 90 Day Bank Bill Contract settled down 3 points at 9385 (6.15%).

The June-01 Three Year Government Stock Futures Contract settled down 5 points at 9370 (6.30%) and the June-01 Ten Year Government Stock Futures Contract settled down 6 points at 9330 (6.70%).

The June-01 NZSE-10 Share Index Futures Contract settled up 12 points at 916.

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

ends