Bonds & bills / Tenors
The 5-year today
What the banks that trade government paper are quoting for about five years' lending to the government, averaged into one mid, and how that has moved.
- 15.82%
- average of the banks’ quotes, 16 Oct 2026
- Banks quoting
- 7
- of 8 that quoted it in the past month
- Bid to ask
- 0.61
- points, the average spread
- A month ago
- 13.67%
- up 2.15 points since
The mid over the past year
Between 13.67% and 16.08% over 232 quoted days, from 15 October 2025 — a range of 2.41 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
- 15.00% · CENTENARY
- the lowest bid, so the highest price
- If you are buying
- 15.85% · ABSA
- the highest ask, so the lowest price
| Bank | Bid · it buys | Ask · it sells | Mid | Spread |
|---|---|---|---|---|
| ABSA | 16.35% | 15.85% | 16.10% | 0.50 |
| CENTENARY | 15.00% | 14.50% | 14.75% | 0.50 |
| CITI | 16.25% | 15.75% | 16.00% | 0.50 |
| DFCU | 16.00% | 15.50% | 15.75% | 0.50 |
| HFBU | 16.50% | 15.50% | 16.00% | 1.00 |
| STANBIC | 16.25% | 15.75% | 16.00% | 0.50 |
| STANCHART | 16.50% | 15.75% | 16.13% | 0.75 |
| Average of 7 | 16.12% | 15.51% | 15.82% | 0.61 |
Spread is bid less ask, in percentage points: what a round trip through one bank costs.
Bonds at this tenor
| Bond | Matures | Coupon | Yield |
|---|---|---|---|
| 5-year bondUG12H0108300 | 1 Aug 2030 | 15.28% |
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 →0.94 points above the 3-year and 1.08 points below the 10-year.
Lending for five 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