Uganda's 91-day Treasury bills yield nudges lower at auction

11 Nov, 2015

KAMPALA: Rates on Uganda's benchmark 91-day Treasury bills edged down at an oversubscribed auction on Wednesday where a total of 170 billion shillings ($48.71 million) worth of debt was on offer.

During the sale, the weighted average yield on the 91-day bills went down to 21.060 percent from the 21.253 percent fetched at the last sale, held on October 28.

Rates on the 182-, and 364-day tenors remained broadly stable.

Copyright Reuters, 2015

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