Bonds & bills / Tenors
The 2-year today
What the banks that trade government paper are quoting for about two years' lending to the government, averaged into one mid, and how that has moved.
- 14.44%
- average of the banks’ quotes, 16 Oct 2026
- Banks quoting
- 7
- of 8 that quoted it in the past month
- Bid to ask
- 0.69
- points, the average spread
- A month ago
- 11.72%
- up 2.72 points since
The mid over the past year
Between 11.69% and 15.65% over 232 quoted days, from 15 October 2025 — a range of 3.95 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
- 14.00% · CENTENARY
- the lowest bid, so the highest price
- If you are buying
- 14.70% · ABSA
- the highest ask, so the lowest price
| Bank | Bid · it buys | Ask · it sells | Mid | Spread |
|---|---|---|---|---|
| ABSA | 15.20% | 14.70% | 14.95% | 0.50 |
| CENTENARY | 14.00% | 13.50% | 13.75% | 0.50 |
| CITI | 15.00% | 14.00% | 14.50% | 1.00 |
| DFCU | 14.00% | 13.50% | 13.75% | 0.50 |
| HFBU | 15.00% | 14.00% | 14.50% | 1.00 |
| STANBIC | 15.00% | 14.50% | 14.75% | 0.50 |
| STANCHART | 15.30% | 14.50% | 14.90% | 0.80 |
| Average of 7 | 14.79% | 14.10% | 14.44% | 0.69 |
Spread is bid less ask, in percentage points: what a round trip through one bank costs.
Bonds at this tenor
Nothing currently on issue matches this tenor.
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 →1.73 points above the 364-day and 0.44 points below the 3-year.
Lending for two 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