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Dutch Auction

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Auction No58 held on 7/30/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 168,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No57 held on 7/28/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 253,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks15
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Auction No56 held on 7/23/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 163,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks19
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Auction No55 held on 7/21/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 55,250,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks14
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Auction No54 held on 7/16/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 68,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
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Auction No53 held on 7/14/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 57,762,874.00
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 No52 held on 7/9/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 96,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks14
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Auction No51 held on 7/7/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 43,599,985.28
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 No50 held on 7/2/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 201,500,000.00
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 No49 held on 6/30/2008
Total Amount OfferedUS$ 70,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 119,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks
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Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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