Daily Market Report

Wednesday, 27 February 2002

There was moderate trading on the New Zealand Futures & Options Exchange today involving 2082 futures contracts traded with a face value of NZ$1.04 billion.

The Mar-02 90 Day Bank Bill Contract settled down 2 points at 9496 (5.04%) and the June-02 90 Day Bank Bill Contract settled down 4 points at 9457 (5.43%). The Sept-02 90 Day Bank Bill Contract settled down 6 points at 9425 (5.75%) and the Dec-02 90 Day Bank Bill Contract settled down 6 points at 9393 (6.07%).

The Mar-02 Three Year Government Stock Futures Contract settled down 9 points at 9380 (6.20%) and the Mar-02 Ten Year Government Stock Futures Contract settled down 7 points at 9332 (6.68%).

The Mar-02 NZSE-10 Share Index Futures Contract settled down 9 points at 932.

ends