Bonds & bills / Tenors

    The 364-day bill today

    What the banks that trade government paper are quoting for about 364 days' lending to the government, averaged into one mid, and how that has moved.

    12.71%
    average of the banks’ quotes, 16 Oct 2026
    Banks quoting
    7
    of 8 that quoted it in the past month
    Bid to ask
    0.68
    points, the average spread
    A month ago
    10.78%
    up 1.93 points since

    The mid over the past year

    12.0014.00Nov 25Jan 26Mar 26May 26Jul 26Sep 26

    Between 10.78% and 14.88% over 232 quoted days, from 15 October 2025 — a range of 4.09 points. The mid is the average of the panel’s bid and ask, not any one bank’s quote.

    Today’s quotes

    as at 16 Oct 2026

    Quotes are yields. A bank buying the bond from you bids the higher yield, which means a lower price, so the bid column is the larger number.

    If you are selling
    13.00% · CENTENARY
    the lowest bid, so the highest price
    If you are buying
    12.60% · ABSA
    the highest ask, so the lowest price
    Bank of Uganda’s daily secondary market quotes by bank, as yields
    BankBidAskMidSpread
    ABSA13.10%12.60%12.85%0.50
    CENTENARY13.00%12.50%12.75%0.50
    CITI13.00%12.00%12.50%1.00
    DFCU13.00%12.50%12.75%0.50
    HFBU13.00%12.00%12.50%1.00
    STANBIC13.00%12.50%12.75%0.50
    STANCHART13.25%12.50%12.88%0.75
    Average of 713.05%12.37%12.71%0.68

    Spread is bid less ask, in percentage points: what a round trip through one bank costs.

    Bills at this tenor

    Instruments on issue at the 364-day Treasury Bill tenor
    BillMaturesYield
    364-day bill28 Jan 202711.28%
    364-day bill11 Feb 202711.48%
    364-day bill25 Feb 202711.58%
    364-day bill11 Mar 202711.78%
    364-day bill25 Mar 202711.88%
    364-day bill8 Apr 202712.05%
    364-day bill22 Apr 202712.13%
    364-day bill6 May 202712.20%
    364-day bill20 May 202712.27%
    364-day bill4 Jun 202712.35%
    364-day bill17 Jun 202712.42%
    364-day bill8 Jul 202712.49%
    364-day bill5 Aug 202712.56%
    364-day bill2 Sep 202712.64%
    364-day bill30 Sep 202712.71%

    Matched on tenor at issue. Yields are Bank of Uganda’s published closing figures, before tax.

    How to buy at this tenor

    1. 1Work out what you getThe guide asks how much and shows what comes back to you, and when, after tax.
    2. 2Save it to My moneyYour plan keeps today’s figures, and you can come back to it.
    3. 3Buy it from My moneyThere, Buy it lists the banks and brokers who deal in government securities.
    My money

    On the curve

    Full curve →
    1214160510152025y364 day · 12.71

    0.73 points above the 182-day and 1.73 points below the 2-year.

    Lending for 364 days

    New bills are sold at Bank of Uganda auctions every fortnight; ones already issued trade through banks and brokers.

    Next auction dates →

    How current this is

    Bank quotes16 Oct 26 · 3 days oldBank of Uganda, money market report