Uganda government bonds · auction 28 Oct 2026 · UGX
Uganda bond auction, 28 Oct 2026: 25-year at 18.48%
7 bond lines from the Bank of Uganda (for the Ministry of Finance)’s own results. Rates are the yield at the cut-off price, percent per annum. Information, not advice.
Headline: 25-year bond
18.48%
Largest amount accepted at this auction
Change vs previous 25-year sale
+222.5 bp
16.25% on 23 Sep 2026
Accepted
UGX 3,568.4bn
Against UGX 2,550.0bn on offer
Bid cover
1.52×
Bids of UGX 5,427.8bn ÷ accepted
Results
Every line, 7 in all
Amounts in UGX millions. Change is in basis points (100 bp = 1 percentage point) from the previous sale of the same tenor, whenever it was. Bid cover is bids received divided by the amount accepted.
- 2-year
- Rate
- 16.000%
- Previous
- 12.000% 2026-09-23
- Change, bp
- +400
- Offered, UGXm
- 250,000
- Bids, UGXm
- 550,342
- Accepted, UGXm
- 193,342
- Bid cover
- 2.85×
- Source
- notice
- 3-year
- Rate
- 16.800%
- Previous
- 14.000% 2026-10-07
- Change, bp
- +280
- Offered, UGXm
- 350,000
- Bids, UGXm
- 484,144
- Accepted, UGXm
- 202,354
- Bid cover
- 2.39×
- Source
- notice
- 5-year
- Rate
- 16.800%
- Previous
- 13.740% 2026-09-23
- Change, bp
- +306
- Offered, UGXm
- 350,000
- Bids, UGXm
- 484,144
- Accepted, UGXm
- 202,354
- Bid cover
- 2.39×
- Source
- notice
- 10-year
- Rate
- 17.925%
- Previous
- 16.850% 2026-10-07
- Change, bp
- +107.5
- Offered, UGXm
- 450,000
- Bids, UGXm
- 899,621
- Accepted, UGXm
- 552,221
- Bid cover
- 1.63×
- Source
- notice
- 15-year
- Rate
- 17.925%
- Previous
- 15.250% 2026-09-23
- Change, bp
- +267.5
- Offered, UGXm
- 450,000
- Bids, UGXm
- 899,621
- Accepted, UGXm
- 552,221
- Bid cover
- 1.63×
- Source
- notice
- 20-year
- Rate
- 18.475%
- Previous
- 16.925% 2026-10-07
- Change, bp
- +155
- Offered, UGXm
- 350,000
- Bids, UGXm
- 1,054,966
- Accepted, UGXm
- 932,966
- Bid cover
- 1.13×
- Source
- notice
- 25-year
- Rate
- 18.475%
- Previous
- 16.250% 2026-09-23
- Change, bp
- +222.5
- Offered, UGXm
- 350,000
- Bids, UGXm
- 1,054,966
- Accepted, UGXm
- 932,966
- Bid cover
- 1.13×
- Source
- notice
| Bond | Rate | Previous | Change, bp | Offered, UGXm | Bids, UGXm | Accepted, UGXm | Bid cover | Source |
|---|---|---|---|---|---|---|---|---|
| 2-year | 16.000% | 12.000% 2026-09-23 | +400 | 250,000 | 550,342 | 193,342 | 2.85× | notice |
| 3-year | 16.800% | 14.000% 2026-10-07 | +280 | 350,000 | 484,144 | 202,354 | 2.39× | notice |
| 5-year | 16.800% | 13.740% 2026-09-23 | +306 | 350,000 | 484,144 | 202,354 | 2.39× | notice |
| 10-year | 17.925% | 16.850% 2026-10-07 | +107.5 | 450,000 | 899,621 | 552,221 | 1.63× | notice |
| 15-year | 17.925% | 15.250% 2026-09-23 | +267.5 | 450,000 | 899,621 | 552,221 | 1.63× | notice |
| 20-year | 18.475% | 16.925% 2026-10-07 | +155 | 350,000 | 1,054,966 | 932,966 | 1.13× | notice |
| 25-year | 18.475% | 16.250% 2026-09-23 | +222.5 | 350,000 | 1,054,966 | 932,966 | 1.13× | notice |
Source notices: bou.or.ug (1) · bou.or.ug (2). Compiled by Afronomics, data updated 2026-10-28. Information, not advice.
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Afronomics (2026). Uganda government bond auction, 28 Oct 2026, compiled from the Bank of Uganda (for the Ministry of Finance). Retrieved 4 November 2026, from https://www.afronomicsfeed.com/markets/bonds/uganda/2026-10-28