Daily Market Report

Wednesday, 20 February 2002

There was light trading on the New Zealand Futures & Options Exchange today involving 1649 futures contracts traded with a face value of NZ$824 million.

The Mar-02 90 Day Bank Bill Contract settled up 1 point at 9500 (5.00%) and the June-02 90 Day Bank Bill Contract settled up 2 points at 9463 (5.37%). The Sept-02 90 Day Bank Bill Contract settled up 3 points at 9428 (5.72%) and the Dec-02 90 Day Bank Bill Contract settled up 4 points at 9395 (6.05%).

The Mar-02 Three Year Government Stock Futures Contract settled up 4 points at 9390 (6.10%) and the Mar-02 Ten Year Government Stock Futures Contract settled unchanged at 9336 (6.64%).

The Mar-02 NZSE-10 Share Index Futures Contract settled down 1 point at 928.

ends