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Dutch Auction

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Auction No24 held on 3/28/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.15
Lowest Bid Rate156.00
No. of Successful16
No. of Unsuccessful1
Marginal BidUS$ 156.00
Number of Banks17
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Auction No23 held on 3/26/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 128,750,840.45
Highest Successfull Bid RateUS$ 156.15
Lowest Bid Rate155.84
No. of Successful14
No. of Unsuccessful1
Marginal BidUS$ 156.06
Number of Banks15
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Auction No22 held on 3/21/2012
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 200,000,000.00
Highest Successfull Bid RateUS$ 156.25
Lowest Bid Rate156.06
No. of Successful15
No. of Unsuccessful0
Marginal BidUS$ 156.06
Number of Banks15
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Auction No21 held on 3/19/2012
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 200,000,000.00
Highest Successfull Bid RateUS$ 156.11
Lowest Bid Rate156.06
No. of Successful16
No. of Unsuccessful0
Marginal BidUS$ 156.06
Number of Banks16
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Auction No20 held on 3/14/2012
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 200,000,000.00
Highest Successfull Bid RateUS$ 156.19
Lowest Bid Rate155.96
No. of Successful18
No. of Unsuccessful2
Marginal BidUS$ 156.06
Number of Banks20
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Auction No19 held on 3/12/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.27
Lowest Bid Rate156.01
No. of Successful18
No. of Unsuccessful2
Marginal BidUS$ 156.06
Number of Banks20
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Auction No18 held on 3/7/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.50
Lowest Bid Rate155.01
No. of Successful7
No. of Unsuccessful11
Marginal BidUS$ 156.01
Number of Banks18
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Auction No17 held on 3/5/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 156.30
Lowest Bid Rate155.80
No. of Successful19
No. of Unsuccessful2
Marginal BidUS$ 156.01
Number of Banks21
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Auction No16 held on 2/29/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 155.96
Lowest Bid Rate155.59
No. of Successful14
No. of Unsuccessful2
Marginal BidUS$ 155.90
Number of Banks16
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Auction No15 held on 2/27/2012
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 138,720,808.12
Highest Successfull Bid RateUS$ 155.96
Lowest Bid Rate155.09
No. of Successful16
No. of Unsuccessful1
Marginal BidUS$ 155.90
Number of Banks17
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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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