Futures Daily Market Report 16/05/01

Daily Market Report

Wednesday, 16 May 2001

There was heavy trading on the New Zealand Futures & Options Exchange today involving 12,152 futures and 350 options contracts traded with a face value of NZ$6.25 billion.

The June-01 90 Day Bank Bill Contract settled up 2 points at 9427 (5.73%) and the Sept-01 90 Day Bank Bill Contract settled up 3 points at 9434 (5.66%). The Dec-01 90 Day Bank Bill Contract settled unchanged at 9421 (5.79%) and the Mar-02 90 Day Bank Bill Contract settled down 1 point at 9400 (6.00%).

The June-01 Three Year Government Stock Futures Contract settled up 1 point at 9389 (6.11%) and the June-01 Ten Year Government Stock Futures Contract settled down 8 points at 9331 (6.69%).

The June-01 NZSE-10 Share Index Futures Contract settled down 9 points at 938.

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

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