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Dutch Auction

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Auction No38 held on 5/21/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 121,000,000.00
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 No37 held on 5/19/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 127,000,000.00
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 No36 held on 5/14/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 106,000,000.00
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 No35 held on 5/12/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 129,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks15
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Auction No34 held on 5/7/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 12,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks6
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Auction No33 held on 5/5/2008
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 14,000,000.00
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 No32 held on 4/30/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 12,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks6
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Auction No31 held on 4/28/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 15,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks8
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Auction No30 held on 4/23/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 6,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks3
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Auction No29 held on 4/21/2008
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 10,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
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Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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