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Dutch Auction

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Auction No48 held on 6/25/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 14,300,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No47 held on 6/23/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 66,289,080.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks17
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Auction No46 held on 6/18/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 55,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No45 held on 6/16/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 157,105,324.74
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks17
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Auction No44 held on 6/11/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 128,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks11
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Auction No43 held on 6/9/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 91,200,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No42 held on 6/4/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 42,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No41 held on 6/2/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 106,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks
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Auction No40 held on 5/28/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 35,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks12
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Auction No39 held on 5/26/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 50,200,446.40
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks15
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Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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