August 6 – August 13, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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The Uganda Shilling was slightly firmer on account of subdued demand from the main players in the market. Trading held in a narrow range of 3525/35.In the fixed income market, governments bonds were relatively stable with the yield on 15 year bond dropping 9 basis points to 14.400% as some speculative bids were discarded in order to keep rates under control, while the 3 year bond yield edged up by