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Yields on Uganda's 3-year Treasury bond falls at auction

Published June 15, 2016 Updated June 15, 2016 01:26pm

1 min

By Shoaib Ur Rehman

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KAMPALA: The yield on Uganda's three-year Treasury bond fell while the yield on the 10-year bond climbed at auction on Wednesday where a combined total of 150 billion shillings ($44.91 million) worth of debt was on offer.

The weighted average yield on the three-year bond declined to 17.420 percent, compared with 18.619 percent at the last sale on February 25.

The rate on the ten-year bond climbed to 17.631 percent from 16.991 percent at the last auction on March 23.

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