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Dutch Auction

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Auction No68 held on 9/3/2008
Total Amount OfferedUS$ 65,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 18,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks14
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Auction No67 held on 9/1/2008
Total Amount OfferedUS$ 65,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 22,000,000.00
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 No66 held on 8/27/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 69,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks17
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Auction No65 held on 8/25/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 67,370,820.00
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 No64 held on 8/20/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 421,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks19
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Auction No63 held on 8/18/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 244,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks18
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Auction No62 held on 8/13/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 236,000,000.00
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 No61 held on 8/11/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 90,000,000.00
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 No60 held on 8/6/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 77,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks13
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Auction No59 held on 8/4/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 72,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks14
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Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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