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Auction No9/29/2014 held on 75
Total Amount OfferedUS$ 500,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 499,957,598.98
Highest Successfull Bid RateUS$ 157.78
Lowest Bid Rate155.74
No. of Successful20
No. of Unsuccessful0
Marginal BidUS$ 155.75
Number of Banks20
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Auction No9/24/2014 held on 74
Total Amount OfferedUS$ 350,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 349,962,201.74
Highest Successfull Bid RateUS$ 157.83
Lowest Bid Rate155.74
No. of Successful22
No. of Unsuccessful0
Marginal BidUS$ 155.75
Number of Banks22
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Auction No9/22/2014 held on 73
Total Amount OfferedUS$ 350,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 349,962,312.54
Highest Successfull Bid RateUS$ 157.77
Lowest Bid Rate155.50
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 155.75
Number of Banks21
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Auction No9/17/2014 held on 72
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 299,886,351.43
Highest Successfull Bid RateUS$ 157.80
Lowest Bid Rate155.70
No. of Successful19
No. of Unsuccessful0
Marginal BidUS$ 155.75
Number of Banks19
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Auction No9/15/2014 held on 71
Total Amount OfferedUS$ 350,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 349,849,716.21
Highest Successfull Bid RateUS$ 162.30
Lowest Bid Rate115.81
No. of Successful22
No. of Unsuccessful0
Marginal BidUS$ 155.75
Number of Banks22
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Auction No9/10/2014 held on 70
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 299,990,161.28
Highest Successfull Bid RateUS$ 158.80
Lowest Bid Rate155.70
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 155.74
Number of Banks21
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Auction No9/8/2014 held on 69
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 299,965,976.16
Highest Successfull Bid RateUS$ 157.83
Lowest Bid Rate155.60
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 155.74
Number of Banks21
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Auction No9/3/2014 held on 68
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 298,996,197.03
Highest Successfull Bid RateUS$ 158.00
Lowest Bid Rate154.50
No. of Successful22
No. of Unsuccessful0
Marginal BidUS$ 155.73
Number of Banks22
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Auction No9/1/2014 held on 67
Total Amount OfferedUS$ 350,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 349,833,707.32
Highest Successfull Bid RateUS$ 158.00
Lowest Bid Rate155.50
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 155.73
Number of Banks21
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Auction No8/27/2014 held on 66
Total Amount OfferedUS$ 350,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 346,430,312.65
Highest Successfull Bid RateUS$ 157.50
Lowest Bid Rate155.40
No. of Successful20
No. of Unsuccessful0
Marginal BidUS$ 155.73
Number of Banks20
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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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