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Dutch Auction

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Auction No4 held on 1/14/2015
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 249,355,078.32
Highest Successfull Bid RateUS$ 172.52
Lowest Bid Rate168.00
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks21
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Auction No3 held on 1/12/2015
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 249,904,248.31
Highest Successfull Bid RateUS$ 174.00
Lowest Bid Rate168.00
No. of Successful22
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks22
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Auction No2 held on 1/7/2015
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 450,459,506.99
Highest Successfull Bid RateUS$ 172.52
Lowest Bid Rate167.00
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks21
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Auction No1 held on 1/5/2015
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 178,943,195.91
Highest Successfull Bid RateUS$ 173.00
Lowest Bid Rate168.00
No. of Successful9
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks9
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Auction No96 held on 12/17/2014
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 199,942,086.28
Highest Successfull Bid RateUS$ 174.00
Lowest Bid Rate168.00
No. of Successful14
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks14
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Auction No95 held on 12/15/2014
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 199,964,482.80
Highest Successfull Bid RateUS$ 173.51
Lowest Bid Rate168.00
No. of Successful15
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks15
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Auction No94 held on 12/10/2014
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 149,765,720.33
Highest Successfull Bid RateUS$ 173.00
Lowest Bid Rate168.00
No. of Successful11
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks11
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Auction No93 held on 12/8/2014
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 199,980,211.43
Highest Successfull Bid RateUS$ 175.00
Lowest Bid Rate156.00
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks21
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Auction No92 held on 12/3/2014
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 289,651,454.03
Highest Successfull Bid RateUS$ 173.51
Lowest Bid Rate165.01
No. of Successful20
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks20
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Auction No91 held on 12/1/2014
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 169,812,736.51
Highest Successfull Bid RateUS$ 173.00
Lowest Bid Rate159.00
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 168.00
Number of Banks22
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Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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