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Dutch Auction

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Auction No48 held on 6/25/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 14,300,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No47 held on 6/23/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 66,289,080.00
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 No46 held on 6/18/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 55,000,000.00
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 No45 held on 6/16/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 157,105,324.74
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 No44 held on 6/11/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 128,000,000.00
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 No43 held on 6/9/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 91,200,000.00
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 No42 held on 6/4/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 42,000,000.00
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 No41 held on 6/2/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 106,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks
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Auction No40 held on 5/28/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 35,000,000.00
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 No39 held on 5/26/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 50,200,446.40
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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Facts : 1/1/1900
BOFIA:In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria.
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