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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
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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