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Dutch Auction

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Auction No47 held on 7/2/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 106,900,000.00
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 No46 held on 6/27/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 159,800,000.00
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 No45 held on 6/25/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 77,169,294.44
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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Auction No44 held on 6/20/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 120,000,000.00
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 No43 held on 6/18/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 1,000,000.00
Total Amount SoldUS$ 264,750,000.00
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 No42 held on 6/13/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 201,906,441.99
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 No41 held on 6/11/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 183,300,000.00
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 No40 held on 6/6/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 230,347,318.44
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 No39 held on 6/4/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 135,700,000.00
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 No38 held on 5/30/2007
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 113,600,000.00
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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Facts : 1/1/1900
Federal Ministry of Finance:The Federal Ministry of Finance (FMF) advises the Federal Government on its fiscal operations and collaborates with the Central Bank of Nigeria (CBN) on monetary matters. Before 1991, the responsibility for the supervision and licensing of banks was shared between FMF and CBN until 1991 when CBN became the sole authority.
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