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Dutch Auction

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Auction No92 held on 12/10/2007
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 50,000,000.00
Total Amount SoldUS$ 16,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks17
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Auction No91 held on 12/5/2007
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 13,000,000.00
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 No90 held on 12/3/2007
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 8,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks12
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Auction No89 held on 11/28/2007
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 51,460,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks14
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Auction No88 held on 11/26/2007
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 113,072,550.57
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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Auction No87 held on 11/21/2007
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 65,000,000.00
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 No86 held on 11/19/2007
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 69,300,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks15
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Auction No85 held on 11/14/2007
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 71,000,000.00
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 No84 held on 11/12/2007
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 50,000,000.00
Total Amount SoldUS$ 0.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks7
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Auction No83 held on 11/7/2007
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 7,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks9
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Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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