Bonds & bills / Tenors
The 3-year today
What the banks that trade government paper are quoting for about three years' lending to the government, averaged into one mid, and how that has moved.
- 14.88%
- average of the banks’ quotes, 16 Oct 2026
- Banks quoting
- 7
- of 8 that quoted it in the past month
- Bid to ask
- 0.71
- points, the average spread
- A month ago
- 11.90%
- up 2.98 points since
The mid over the past year
Between 11.78% and 15.87% over 232 quoted days, from 15 October 2025 — a range of 4.08 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
- 14.60% · DFCU
- the lowest bid, so the highest price
- If you are buying
- 15.05% · ABSA
- the highest ask, so the lowest price
| Bank | Bid · it buys | Ask · it sells | Mid | Spread |
|---|---|---|---|---|
| ABSA | 15.55% | 15.05% | 15.30% | 0.50 |
| CENTENARY | 14.75% | 14.10% | 14.43% | 0.65 |
| CITI | 15.50% | 14.50% | 15.00% | 1.00 |
| DFCU | 14.60% | 14.00% | 14.30% | 0.60 |
| HFBU | 15.50% | 14.50% | 15.00% | 1.00 |
| STANBIC | 15.25% | 14.75% | 15.00% | 0.50 |
| STANCHART | 15.50% | 14.75% | 15.13% | 0.75 |
| Average of 7 | 15.24% | 14.52% | 14.88% | 0.71 |
Spread is bid less ask, in percentage points: what a round trip through one bank costs.
Bonds at this tenor
| Bond | Matures | Coupon | Yield |
|---|---|---|---|
| 3-year bondUG12G0607287 | 6 Jul 2028 | 13.87% | |
| 3-year bondUG12G0609291 | 6 Sep 2029 | 14.88% |
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 →0.44 points above the 2-year and 0.94 points below the 5-year.
Lending for three 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