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Yields on Uganda's 2-year, and 15-year T-bonds fall

Published October 5, 2016 Updated October 5, 2016 02:48pm

KAMPALA: Yields on Uganda's two-year and 15-year Treasury bonds fell at auction on Wednesday where a total of 160 billion shillings ($47.13 million) worth of the two papers were offered, the central bank said.

The weighted average yield on the two-year bonds declined to 15.891 percent from 16.625 percent at their last sale on August 10.

The rate on the 15-year bond also dropped to 16.593 percent from 17.501 percent at the last auction also on July 13.

Copyright Reuters, 2016