Nigeria raised 89.76 billion naira ($561.46 million) at an auction of government bonds on Wednesday, its first debt auction in the year with yields higher than at its previous auction, the Debt Management Office said on Thursday. 

The debt office said it auctioned 19.76 billion naira in the 10-year bond due to mature in 2018 and 35 billion naira each in the 10-year instrument maturing in 2019 and 2022 respectively. 

Two of the instruments on auction are re-openings of previous issues, while the one maturing in 2022 is newly issue.
 

Source: Reuters/Oludare Mayowa