COUNTRY •
UGANDA
Last Update: 2 Oct 2023 8:15 GMT+0
The Uganda 10Y Government Bond has a 15.734% yield.
10 Years vs 2 Years bond spread is 572.4 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 9.50% (last modification in August 2023).
The Uganda credit rating is B, according to Standard & Poor's agency.
If data are not all visible, swipe table left
Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
3 months | 8.094% | 0.0 bp | -11.2 bp | 28 Aug | |||||
6 months | 8.752% | 0.0 bp | 0.0 bp | 02 Oct | |||||
1 year | 9.248% | +0.1 bp | -77.7 bp | 91.53 | -0.01 % | +0.70 % | 02 Oct | ||
2 years | 10.010% | +0.1 bp | -155.9 bp | 82.63 | 0.00 % | +2.85 % | 04 Sep | ||
3 years | 13.700% | -25.8 bp | -46.1 bp | 68.03 | +0.68 % | +1.22 % | 02 Oct | ||
5 years | 14.797% | +10.9 bp | -55.2 bp | 50.16 | -0.48 % | +2.43 % | 02 Oct | ||
10 years | 15.734% | -31.4 bp | -31.0 bp | 23.19 | +2.75 % | +2.70 % | 02 Oct | ||
15 years | 16.319% | +10.8 bp | -21.9 bp | 10.36 | -1.33 % | +2.88 % | 02 Oct |
Last Update: 2 Oct 2023 8:15 GMT+0
Uganda Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (9.50%) |
||
---|---|---|---|---|---|
1 year | 5 years | ||||
10 years | 15.734% | 623.4 bp | |||
5 years | 14.797% | 529.7 bp | |||
1 year | 9.248% | -25.2 bp |
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
2Y vs 1Y | 76.2 bp | Normal Convexity in Short-Term Maturities | ||
5Y vs 2Y | 478.7 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 572.4 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Uganda Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Uganda Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
B
|
negative |
Moody's Investors Service |
B2
|
negative |
Fitch Ratings |
B+
|
negative |
DBRS |
-
|
- |
Uganda Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
Interest Rates | Value | |
---|---|---|
Central Bank Rate | 9.50% |
Uganda 10Y Bond Yield Spread
The Uganda 10Y Government Bond has a 15.734% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, means that the 10Y Bond Yield is higher than the corresponding foreign bond. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
If data are not all visible, swipe table left
Uganda 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 1497.2 bp | -45.5 bp | -74.3 bp | Compare | |
China 10Y | 1302.8 bp | -39.7 bp | -14.2 bp | Compare | |
Germany 10Y | 1287.2 bp | -63.6 bp | -88.6 bp | Compare | |
France 10Y | 1231.3 bp | -65.9 bp | -94.7 bp | Compare | |
Spain 10Y | 1178.2 bp | -70.2 bp | -96.7 bp | Compare | |
Canada 10Y | 1166.5 bp | -78.5 bp | -146.2 bp | Compare | |
Australia 10Y | 1122.2 bp | -78.4 bp | -158.5 bp | Compare | |
United Kingdom 10Y | 1120.9 bp | -43.7 bp | -137.0 bp | Compare | |
United States 10Y | 1111.4 bp | -75.3 bp | -145.7 bp | Compare | |
Italy 10Y | 1094.2 bp | -87.5 bp | -102.5 bp | Compare | |
India 10Y | 852.4 bp | -34.9 bp | -20.5 bp | Compare | |
Brazil 10Y | 402.3 bp | -87.3 bp | +87.9 bp | Compare | |
Russia 10Y | 272.4 bp | -125.4 bp | -302.0 bp | Compare |
Uganda Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
15 years | 16.319% | 10.36 | 15.85 | 26.84 | 37.82 | 48.81 | 59.80 | ||
10 years | 15.734% | 23.19 | 28.08 | 37.84 | 47.60 | 57.37 | 67.13 | ||
5 years | 14.797% | 50.16 | 53.53 | 60.26 | 67.00 | 73.74 | 80.47 | ||
3 years | 13.700% | 68.03 | 70.37 | 75.03 | 79.70 | 84.37 | 89.03 | ||
1 year | 9.248% | 91.53 | 92.45 | 94.28 | 96.11 | 97.94 | 99.77 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |