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Dutch Auction

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Auction No19 held on 5/10/2006
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 104,037,505.67
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 No18 held on 5/8/2006
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 146,700,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks18
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Auction No17 held on 5/3/2006
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 118,606,637.00
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 No16 held on 4/26/2006
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 159,746,796.02
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 No15 held on 4/24/2006
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 181,164,998.24
Total Amount SoldUS$ 110,164,998.24
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful18
No. of Unsuccessful16
Marginal BidUS$ 0.00
Number of Banks19
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Auction No14 held on 4/19/2006
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 7,407,838.86
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful5
No. of Unsuccessful16
Marginal BidUS$ 0.00
Number of Banks14
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Auction No13 held on 4/12/2006
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 316,532,775.93
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful33
No. of Unsuccessful13
Marginal BidUS$ 0.00
Number of Banks22
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Auction No12 held on 4/5/2006
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 275,217,104.43
Total Amount SoldUS$ 259,217,104.43
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful36
No. of Unsuccessful7
Marginal BidUS$ 0.00
Number of Banks23
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Auction No11 held on 4/3/2006
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 104,197,692.49
Total Amount SoldUS$ 40,027,239.05
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful8
No. of Unsuccessful26
Marginal BidUS$ 0.00
Number of Banks18
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Auction No10 held on 3/29/2006
Total Amount OfferedUS$ 50,000,000.00
Total Amount DemandedUS$ 64,600,000.00
Total Amount SoldUS$ 34,100,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful5
No. of Unsuccessful13
Marginal BidUS$ 0.00
Number of Banks12
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Facts : 9/23/1975
Mallam Adamu Ciroma:Mallam Adamu Ciroma was appointed the third Nigerian Governor of the Central Bank of Nigeria, from September 23rd, 1975 to June 27th, 1977. He later served as the Minister of Finance in the first Obasanjo democratic administration
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