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Dutch Auction

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Auction No54 held on 7/19/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 311,250,082.56
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 148.75
Lowest Bid Rate148.52
No. of Successful17
No. of Unsuccessful5
Marginal BidUS$ 148.69
Number of Banks22
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Auction No53 held on 7/14/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 249,302,899.36
Total Amount SoldUS$ 249,302,899.36
Highest Successfull Bid RateUS$ 148.75
Lowest Bid Rate148.62
No. of Successful19
No. of Unsuccessful0
Marginal BidUS$ 148.62
Number of Banks19
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Auction No52 held on 7/12/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 305,143,336.54
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 148.65
Lowest Bid Rate148.56
No. of Successful15
No. of Unsuccessful7
Marginal BidUS$ 148.62
Number of Banks22
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Auction No51 held on 7/7/2010
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 214,168,155.68
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 148.65
Lowest Bid Rate147.94
No. of Successful7
No. of Unsuccessful8
Marginal BidUS$ 148.52
Number of Banks15
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Auction No50 held on 7/5/2010
Total Amount OfferedUS$ 200,000,000.00
Total Amount DemandedUS$ 117,103,630.84
Total Amount SoldUS$ 117,103,630.84
Highest Successfull Bid RateUS$ 148.75
Lowest Bid Rate148.44
No. of Successful18
No. of Unsuccessful0
Marginal BidUS$ 148.44
Number of Banks18
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Auction No49 held on 6/30/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 262,644,274.91
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 148.65
Lowest Bid Rate148.00
No. of Successful13
No. of Unsuccessful2
Marginal BidUS$ 148.50
Number of Banks15
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Auction No48 held on 6/28/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 269,123,223.87
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 148.90
Lowest Bid Rate148.46
No. of Successful22
No. of Unsuccessful2
Marginal BidUS$ 148.55
Number of Banks24
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Auction No47 held on 6/23/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 243,125,210.84
Total Amount SoldUS$ 243,125,210.84
Highest Successfull Bid RateUS$ 149.00
Lowest Bid Rate148.59
No. of Successful20
No. of Unsuccessful0
Marginal BidUS$ 148.59
Number of Banks20
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Auction No46 held on 6/21/2010
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 287,534,410.16
Total Amount SoldUS$ 287,534,410.16
Highest Successfull Bid RateUS$ 148.94
Lowest Bid Rate148.65
No. of Successful20
No. of Unsuccessful0
Marginal BidUS$ 148.65
Number of Banks20
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Auction No45 held on 6/16/2010
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 273,474,308.81
Total Amount SoldUS$ 273,474,308.81
Highest Successfull Bid RateUS$ 149.00
Lowest Bid Rate148.71
No. of Successful21
No. of Unsuccessful0
Marginal BidUS$ 148.71
Number of Banks21
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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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