Uganda Business News·65d ago
In the Bank of Uganda's April auction, Uganda's treasury bond market saw yields rise across all three tenors compared to February, with a notable increase of 100 basis points for the 10-year bond. The auction, held on April 15, reopened the same bonds as in February, but demand surged for the 10-year paper, highlighting a disparity between investor expectations and government offerings. The total amount offered remained at Shs990bn, consistent with the previous auction.