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Dutch Auction

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Auction No75 held on 7/1/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 70,066,598.43
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks9
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Auction No74 held on 6/29/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 81,288,148.31
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
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Auction No73 held on 6/24/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 245,277.39
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks24
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Auction No72 held on 6/22/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 153,701,027.72
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks24
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Auction No71 held on 6/17/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 133,992,999.15
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks21
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Auction No70 held on 6/15/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 126,611,207.71
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks19
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Auction No69 held on 6/10/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 175,486,023.11
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks20
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Auction No68 held on 6/8/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 198,267,338.44
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks20
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Auction No67 held on 6/3/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 204,503,291.34
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks21
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Auction No66 held on 6/1/2009
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 98,186,233.03
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks20
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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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