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Foreign Exchange Dutch Auctions


Auction No5/7/2008 held on 34
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 12,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks6
Downloading of auction details in no longer permitted

Auction No5/5/2008 held on 33
Total Amount OfferedUS$ 80,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 14,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks16
Downloading of auction details in no longer permitted

Auction No4/30/2008 held on 32
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 12,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks6
Downloading of auction details in no longer permitted

Auction No4/28/2008 held on 31
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 15,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks8
Downloading of auction details in no longer permitted

Auction No4/23/2008 held on 30
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 6,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks3
Downloading of auction details in no longer permitted

Auction No4/21/2008 held on 29
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 10,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
Downloading of auction details in no longer permitted

Auction No4/16/2008 held on 28
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 8,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks4
Downloading of auction details in no longer permitted

Auction No4/14/2008 held on 27
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 9,500,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
Downloading of auction details in no longer permitted

Auction No4/9/2008 held on 26
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 9,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
Downloading of auction details in no longer permitted

Auction No4/7/2008 held on 25
Total Amount OfferedUS$ 0.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 10,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks5
Downloading of auction details in no longer permitted



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Facts : 3/1/1993
Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank Settlement System (NIBSS) was incorportaed to enhance the speed and effeciency of the national clearing system.
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