Bonds & bills / Tenors
The 15-year today
What the banks that trade government paper are quoting for about fifteen years' lending to the government, averaged into one mid, and how that has moved.
- 16.94%
- average of the banks’ quotes, 16 Oct 2026
- Banks quoting
- 7
- of 8 that quoted it in the past month
- Bid to ask
- 0.66
- points, the average spread
- A month ago
- 14.99%
- up 1.95 points since
The mid over the past year
Between 14.99% and 17.61% over 232 quoted days, from 15 October 2025 — a range of 2.62 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 2026Quotes 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
- 17.00% · CENTENARY
- the lowest bid, so the highest price
- If you are buying
- 16.90% · ABSA
- the highest ask, so the lowest price
| Bank | Bid · it buys | Ask · it sells | Mid | Spread |
|---|---|---|---|---|
| ABSA | 17.40% | 16.90% | 17.15% | 0.50 |
| CENTENARY | 17.00% | 16.50% | 16.75% | 0.50 |
| CITI | 17.00% | 16.50% | 16.75% | 0.50 |
| DFCU | 17.20% | 16.65% | 16.92% | 0.55 |
| HFBU | 17.50% | 16.25% | 16.88% | 1.25 |
| STANBIC | 17.25% | 16.75% | 17.00% | 0.50 |
| STANCHART | 17.50% | 16.70% | 17.10% | 0.80 |
| Average of 7 | 17.26% | 16.61% | 16.94% | 0.66 |
Spread is bid less ask, in percentage points: what a round trip through one bank costs.
Bonds at this tenor
| Bond | Matures | Coupon | Yield |
|---|---|---|---|
| 15-year bondUG0000001376 | 16 Nov 2028 | 14.44% | |
| 15-year bondUG12K0205308 | 2 May 2030 | 15.15% | |
| 15-year bondUG12K0304317 | 3 Apr 2031 | 15.55% | |
| 15-year bondUG12K0403325 | 4 Mar 2032 | 15.68% | |
| 15-year bondUG12K0302337 | 3 Feb 2033 | 16.09% | |
| 15-year bondUG12K2206346 | 22 Jun 2034 | 16.63% | |
| 15-year bondUG12K0811352 | 8 Nov 2035 | 16.90% | |
| 15-year bondUG12K1405378 | 14 May 2037 | 16.91% | |
| 15-year bondUG12K2306393 | 23 Jun 2039 | 16.92% | |
| 15-year bondUG12K0509410 | 6 Sep 2041 | 16.94% |
Matched on tenor at issue. Yields are Bank of Uganda’s published closing figures, before tax.
How to buy at this tenor
- 1Work out what you getThe guide asks how much and shows what comes back to you, and when, after tax.
- 2Save it to My moneyYour plan keeps today’s figures, and you can come back to it.
- 3Buy it from My moneyThere, Buy it lists the banks and brokers who deal in government securities.
On the curve
Full curve →0.04 points above the 10-year and 0.10 points below the 20-year.
Lending for fifteen years
Buy one of the bonds at this tenor through a bank or broker, or wait for Bank of Uganda to auction one.
Next auction dates →How current this is