September 24 – October 1, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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It was a sideways drift for the Uganda shilling with forces of supply and demand in the market nearly equal. Trading held in the range of 3525/35In the fixed income, yields remained flat as high demand at Uganda debt sale continue to defy budget risk, with attractive yields in comparison to peers given that inflation is way below the Central Bank’s target. Yields printed at 6.82%, 8.100% and 9.5