Auction system and method

An auction system comprising:

• a borrowing intermediacy section configured to receive a potential borrowing request including a desired borrowing amount and a maximum allowable interest;
• a borrowing request storage section configured to register the potential borrowing request;
• a lending intermediacy section configured to receive a plurality of potential lending offers each including a desired lending amount and a desired interest or a rule capable of calculating the desired interest;
• a lending offer storage section configured to register the potential lending offers;
• and
• a matchmaking section configured to select a set of successful bids in ascending order of the desired interests from the potential lending offers within a range not more than the maximum allowable interest until the desired borrowing amount is satisfied.

An auction method comprising the steps of:

• inputting a plurality of potential borrowing requests each including a desired borrowing amount and a maximum allowable interest;
• inputting a plurality of potential lending offers each including a desired lending amount and a desired lending interest;
• and
• performing matching between the potential borrowing requests and the potential lending offers on the basis of the respective maximum allowable interests and desired lending interests and making the desired lending amount of a potential lending offer extracted as a result of matching correspond to the desired borrowing amount of a potential borrowing request extracted as a result of matching.

An auction method comprising the steps of:

• receiving a potential borrowing request including a desired borrowing amount and a maximum allowable interest;
• registering the potential borrowing request;
• receiving a plurality of potential lending offers each including a desired lending amount and a desired interest;
• registering the potential lending offers;
• extracting a potential lending offer for which the desired interest is not more than the maximum allowable interest from the potential lending offers;
• and
• selecting a set of successful bids in ascending order of the desired interests from the extracted potential lending offers until the desired borrowing amount is satisfied.