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Dutch Auction

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Auction No75 held on 10/11/2005
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 102,216,375.67
Highest Successfull Bid RateUS$ 130.50
Lowest Bid Rate129.50
No. of Successful613
No. of Unsuccessful77
Marginal BidUS$ 129.54
Number of Banks42
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Auction No74 held on 10/5/2005
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 82,345,021.64
Highest Successfull Bid RateUS$ 131.00
Lowest Bid Rate129.00
No. of Successful613
No. of Unsuccessful95
Marginal BidUS$ 129.53
Number of Banks42
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Auction No73 held on 9/28/2005
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 111,180,719.49
Highest Successfull Bid RateUS$ 133.00
Lowest Bid Rate128.51
No. of Successful740
No. of Unsuccessful33
Marginal BidUS$ 129.50
Number of Banks54
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Auction No72 held on 9/26/2005
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 102,666,384.31
Highest Successfull Bid RateUS$ 133.00
Lowest Bid Rate129.30
No. of Successful585
No. of Unsuccessful237
Marginal BidUS$ 129.54
Number of Banks55
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Auction No71 held on 9/21/2005
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 85,582,919.45
Highest Successfull Bid RateUS$ 132.61
Lowest Bid Rate129.30
No. of Successful509
No. of Unsuccessful110
Marginal BidUS$ 129.51
Number of Banks52
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Auction No70 held on 9/20/2005
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 99,184,719.19
Highest Successfull Bid RateUS$ 133.00
Lowest Bid Rate129.50
No. of Successful687
No. of Unsuccessful19
Marginal BidUS$ 129.50
Number of Banks56
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Auction No69 held on 9/14/2005
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 97,464,756.01
Highest Successfull Bid RateUS$ 131.50
Lowest Bid Rate128.99
No. of Successful631
No. of Unsuccessful18
Marginal BidUS$ 129.50
Number of Banks49
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Auction No68 held on 9/12/2005
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 109,400,285.54
Highest Successfull Bid RateUS$ 133.00
Lowest Bid Rate129.48
No. of Successful723
No. of Unsuccessful47
Marginal BidUS$ 129.50
Number of Banks55
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Auction No67 held on 9/7/2005
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 80,000,000.00
Total Amount SoldUS$ 116,401,444.27
Highest Successfull Bid RateUS$ 133.10
Lowest Bid Rate127.00
No. of Successful590
No. of Unsuccessful58
Marginal BidUS$ 129.50
Number of Banks51
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Auction No65 held on 9/6/2005
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 100,000,000.00
Total Amount SoldUS$ 92,574,680.41
Highest Successfull Bid RateUS$ 133.10
Lowest Bid Rate129.00
No. of Successful586
No. of Unsuccessful39
Marginal BidUS$ 129.57
Number of Banks50
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Facts : 1/1/1962
Central Bank of Nigeria, Kano Branch:In 1962,the first Central Bank Branch was established in Kano and opened for business in the same year.This brought to 2, the number of Central Bank offices in Nigeria at that time.
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