Uganda : Bank of Uganda raises $339 million in rare private placement Treasury bond auction

The Bank of Uganda raised 1.3 trillion shillings ($339 million) in a rare private placement Treasury bond auction this week, against a target of 1.5 trillion shillings ($391.6 million). This is the first private placement auction since June 2022. Three, five, ten, fifteen and twenty years were on offer, with bids totaling 2.3 trillion shillings ($600.5 million). The bonds mature between 2026 and 2043.