What is a Bond?
In finance, a bond is a type of security under which the issuer owes the holder a debt, and is obliged depending on the terms to provide cash flow to the creditor.
Best Bonds In Uganda
Are bonds a good investment in Uganda?
Low risk: The risk of losing your money is lower than other investments such as stocks because it is guaranteed by the
The Bank of Uganda has a good track record of paying its debts to bond investors.
What is the interest rate on bonds in Uganda?
The Uganda 10 Years Government Bond has a 15.774% yield (last update 26 Oct 2023 23:15 GMT+0). Yield changed from -10.7 bp
during last week, -37.6 bp during last month, and -310.4 bp during last year.
How much do I need to invest in bonds in Uganda?
What is the minimum amount I need to buy a Treasury bill/bond? The minimum amount needed to buy Treasury Bills/Bonds is UGX. 100,000
(One hundred thousand shillings only) and are issued in multiples of UGX 100,000.
How do bonds work in Uganda?
These are government securities with the longest maturity ranging from periods of 2, 3, 5, 10, and 15 years. Interest on these securities is paid semi-annually and the principal at maturity.