LONDON (Reuters) - The African Development Bank has issued a $100 million equivalent three-year Nigerian naira-denominated Eurobond, joint lead manager UBS said on Friday.

First Bank of Nigeria and UBS acted as joint lead mangers and joint bookrunners on the deal, which was issued on Thursday, UBS said in a statement.

UBS said the deal was the second Nigerian naira Eurobond for the African Development Bank, and is the longest fixed-rate, single tranche deal in the Euro-naira market.

The issue size is 12.72 billion Nigerian naira, with coupon of 9 percent and maturity in May 2010. The coupons and redemption are paid in U.S. dollars linked to the U.S. dollar/naira exchange rate, UBS said.

The African Development Bank has issued bonds in five African currencies -- Botswana pula, Ghana cedi, Kenyan shilling, Nigerian naira and Tanzanian shilling.