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WDAS Forwards Auction Of - 12/11/2014
Tenor 1-Month Tenor 2 - Months Tenor 3 - Months Tenor
Amount Demanded (USD - m) 88.39 33.96 0.79
Amount Sold (USD - m) 87.07 32.67 0.73
Marginal FWD Points 1.6003 3.2300 5.2500
Weighted Average FWD Point 1.6003 3.3371 5.2000
WDAS-SPT Weighted Average Rate 156.3900 156.3900 156.3900
Maturity Date 12/12/2014 12/1/2015 10/2/2015
No. of Successful Banks 8 5 3
No. of Unsuccessful Banks 3 2 1
No. of Participating Banks 11 7 4
    Latest Data
       
Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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