Overview:
Despite receiving bids worth more than UGX 1 trillion, the Bank of Uganda sold bonds worth Shs56.177 billion in those maturing in 2 years; Shs207.55 billion in those maturing in 5 years and over Shs527 billion in those of 15 years.
The Government of Uganda raised a total of Shs791 billion in the auction of Treasury Bonds conducted on Wednesday.
Despite receiving bids worth more than UGX 1 trillion, the Bank of Uganda sold bonds worth Shs56.177 billion in those maturing in 2 years; Shs207.55 billion in those maturing in 5 years and over Shs527 billion in those of 15 years.
The 15-year bonds yielded 17.5% while those of 2 years and 5 years yielded 16% and 16.75%, respectively.
This was the first bond issuance in 2025. Treasury bonds are long term financial instruments issued by the Government through Bank of Uganda to the investing public. The government uses the money generated to finance the budgetary requirements.
The Government of Uganda through the Bank of Uganda generated Shs5.4 trillion from the sale of treasury bills and bonds in the three months of July, August and September 2024.
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