Dutch Auction

Activity closed till further notice

Auction No	15 held on 3/11/2009
Total Amount Offered	US$ 350,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 699,864,771.90
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	22
Link	download details of this auction

Auction No	14 held on 3/4/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 180,535,664.47
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	22
Link	download details of this auction

Auction No	13 held on 3/2/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 202,162,858.31
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	22
Link	download details of this auction

Auction No	12 held on 2/25/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 235,004,190.59
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	20
Link	download details of this auction

Auction No	11 held on 2/23/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 341,639,315.23
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	20
Link	download details of this auction

Auction No	10 held on 2/18/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 333,880,683.38
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	20
Link	download details of this auction

Auction No	9 held on 2/16/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 207,010,240.86
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	20
Link	download details of this auction

Auction No	8 held on 2/11/2009
Total Amount Offered	US$ 2,000,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 93,211,723.23
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	21
Link	download details of this auction

Auction No	7 held on 2/9/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 249,169,029.08
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	23
Link	download details of this auction

Auction No	6 held on 2/4/2009
Total Amount Offered	US$ 200,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 809,004,894.23
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	26
Link	download details of this auction

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Facts : 7/1/1959
BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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