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Dutch Auction

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Auction No55 held on 5/14/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 202,667,762.49
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks24
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Auction No54 held on 5/13/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 103,167,668.40
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks23
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Auction No53 held on 5/12/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 98,480,641.43
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks24
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Auction No52 held on 5/11/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 119,689,194.56
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 No51 held on 5/8/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 138,079,340.49
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
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Auction No50 held on 5/7/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 124,718,761.15
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
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Auction No49 held on 5/6/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 149,504,674.94
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks23
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Auction No48 held on 5/5/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 131,589,737.54
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
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Auction No47 held on 5/4/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 114,046,437.96
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 No45 held on 4/29/2009
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 148,651,772.40
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
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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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