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Dutch Auction

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Auction No24 held on 3/28/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.15
Lowest Bid Rate156.00
No. of Successful16
No. of Unsuccessful1
Marginal BidUS$ 156.00
Number of Banks17
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Auction No23 held on 3/26/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 128,750,840.45
Highest Successfull Bid RateUS$ 156.15
Lowest Bid Rate155.84
No. of Successful14
No. of Unsuccessful1
Marginal BidUS$ 156.06
Number of Banks15
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Auction No22 held on 3/21/2012
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 200,000,000.00
Highest Successfull Bid RateUS$ 156.25
Lowest Bid Rate156.06
No. of Successful15
No. of Unsuccessful0
Marginal BidUS$ 156.06
Number of Banks15
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Auction No21 held on 3/19/2012
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 200,000,000.00
Highest Successfull Bid RateUS$ 156.11
Lowest Bid Rate156.06
No. of Successful16
No. of Unsuccessful0
Marginal BidUS$ 156.06
Number of Banks16
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Auction No20 held on 3/14/2012
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 200,000,000.00
Highest Successfull Bid RateUS$ 156.19
Lowest Bid Rate155.96
No. of Successful18
No. of Unsuccessful2
Marginal BidUS$ 156.06
Number of Banks20
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Auction No19 held on 3/12/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.27
Lowest Bid Rate156.01
No. of Successful18
No. of Unsuccessful2
Marginal BidUS$ 156.06
Number of Banks20
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Auction No18 held on 3/7/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.50
Lowest Bid Rate155.01
No. of Successful7
No. of Unsuccessful11
Marginal BidUS$ 156.01
Number of Banks18
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Auction No17 held on 3/5/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.30
Lowest Bid Rate155.80
No. of Successful19
No. of Unsuccessful2
Marginal BidUS$ 156.01
Number of Banks21
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Auction No16 held on 2/29/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 155.96
Lowest Bid Rate155.59
No. of Successful14
No. of Unsuccessful2
Marginal BidUS$ 155.90
Number of Banks16
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Auction No15 held on 2/27/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 138,720,808.12
Highest Successfull Bid RateUS$ 155.96
Lowest Bid Rate155.09
No. of Successful16
No. of Unsuccessful1
Marginal BidUS$ 155.90
Number of Banks17
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Facts : 2/1/1933
Indigenous Banking in Nigeria:The story of indegenous banking in Nigeria began with the establishment of the National Bank of Nigeria Limited in February 1933.
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