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Foreign Exchange Dutch Auctions

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Auction No	6/12/2013 held on 43
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 300,000,000.00
Highest Successfull Bid Rate	US$ 155.78
Lowest Bid Rate	155.75
No. of Successful	20
No. of Unsuccessful	0
Marginal Bid	US$ 155.75
Number of Banks	20
Link	download details of this auction

Auction No	6/10/2013 held on 42
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 300,000,000.00
Highest Successfull Bid Rate	US$ 155.78
Lowest Bid Rate	155.75
No. of Successful	20
No. of Unsuccessful	0
Marginal Bid	US$ 155.75
Number of Banks	20
Link	download details of this auction

Auction No	6/5/2013 held on 41
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 300,000,000.00
Highest Successfull Bid Rate	US$ 155.78
Lowest Bid Rate	155.75
No. of Successful	20
No. of Unsuccessful	0
Marginal Bid	US$ 155.75
Number of Banks	20
Link	download details of this auction

Auction No	6/3/2013 held on 40
Total Amount Offered	US$ 350,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 350,000,000.00
Highest Successfull Bid Rate	US$ 155.76
Lowest Bid Rate	155.74
No. of Successful	20
No. of Unsuccessful	0
Marginal Bid	US$ 155.74
Number of Banks	20
Link	download details of this auction

Auction No	5/27/2013 held on 39
Total Amount Offered	US$ 400,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 371,710,503.92
Highest Successfull Bid Rate	US$ 155.77
Lowest Bid Rate	155.74
No. of Successful	20
No. of Unsuccessful	0
Marginal Bid	US$ 155.74
Number of Banks	20
Link	download details of this auction

Auction No	5/22/2013 held on 38
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 300,000,000.00
Highest Successfull Bid Rate	US$ 155.76
Lowest Bid Rate	155.74
No. of Successful	19
No. of Unsuccessful	0
Marginal Bid	US$ 155.74
Number of Banks	19
Link	download details of this auction

Auction No	5/20/2013 held on 37
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 245,449,705.13
Highest Successfull Bid Rate	US$ 155.77
Lowest Bid Rate	155.74
No. of Successful	19
No. of Unsuccessful	0
Marginal Bid	US$ 155.74
Number of Banks	19
Link	download details of this auction

Auction No	5/15/2013 held on 36
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 207,659,115.02
Highest Successfull Bid Rate	US$ 155.77
Lowest Bid Rate	155.74
No. of Successful	17
No. of Unsuccessful	0
Marginal Bid	US$ 155.74
Number of Banks	17
Link	download details of this auction

Auction No	5/13/2013 held on 35
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 293,884,856.78
Highest Successfull Bid Rate	US$ 155.78
Lowest Bid Rate	155.74
No. of Successful	17
No. of Unsuccessful	0
Marginal Bid	US$ 155.74
Number of Banks	17
Link	download details of this auction

Auction No	5/8/2013 held on 34
Total Amount Offered	US$ 300,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 300,000,000.00
Highest Successfull Bid Rate	US$ 155.78
Lowest Bid Rate	155.75
No. of Successful	19
No. of Unsuccessful	0
Marginal Bid	US$ 155.75
Number of Banks	19
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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