Structure of Interest Rates (Annual percentage Rates)

Dec06

Jan07

Feb07

Mar07

Apr07

May07

Jun07

15.30

16.19

16.35

15.45

15.39

15.25

15.60

16.30

17.19

17.35

16.45

16.39

16.25

16.60

9.34

10.05

9.54

9.27

9.07

9.05

9.43

11.60

11.09

10.92

10.89

11.20

12.41

Bank of Uganda
(End month)

Central Bank rate

Rediscount rate
Bank rate to
Commercial Banks

Treasury Bills (Monthly Average Annualised Discount rate)

35 Days
63 Days
91 Days
182 Days
273 Days
364 Days

10.34

10.92

11.07

10.99

10.87

10.62

10.77

11.99

Commercial Banks' (Weighted Average)

a) Shillings
Deposit Rates (WARD)

2.74

2.66

2.66

2.54

2.74

2.63

2.79

Demand deposits

1.14

1.26

1.16

1.17

1.14

1.14

1.20

Savings deposits

2.02

2.17

2.23

2.08

2.12

2.15

2.79

9.12

8.80

10.44

9.26

8.10

9.57

9.80

18.91

18.93

18.83

19.17

18.85

19.70

19.38

Demand deposits

1.16

1.21

1.19

1.21

1.22

1.21

1.21

Savings deposits

1.53

1.54

1.45

1.49

1.47

1.48

1.48

Time Fixed Deposits

5.25

5.04

4.95

4.97

5.06

5.25

6.22

9.23

10.45

9.88

9.72

9.72

10.07

9.19

Time Deposits
7-12 months

Lending Rates

b) Foreign Currency

Lending Rates

Structure of Interest Rates (Annual percentage Rates)

Jul07

Aug07

Sep07

Oct07

Nov07

Dec07

Jan08

15.60

13.39

13.76

13.48

13.35

13.68

14.09

16.60

14.39

14.76

14.48

14.35

14.68

15.09

91 Days

9.43

7.20

7.63

7.36

7.31

7.76

8.43

182 Days

12.41

10.13

10.28

10.93

11.77

Bank of Uganda
(End month)

Central Bank rate

Rediscount rate
Bank rate to
Commercial Banks

Treasury Bills (Monthly Average Annualised Discount rate)

35 Days
63 Days

9.60

9.60

273 Days

364 Days

11.99

10.47

10.47

10.36

10.34

11.42

12.13

Commercial Banks' (Weighted Average)

a) Shillings
Deposit Rates (WARD)

2.70

1.26

1.53

1.55

1.73

1.77

2.76

Demand deposits

1.16

1.08

1.29

1.24

1.31

1.27

1.26

Savings deposits

1.61

2.03

2.60

2.67

2.70

2.66

2.61

8.31

8.96

9.00

9.03

9.79

10.08

11.00

19.41

19.68

18.98

19.86

18.29

18.20

19.40

Time Deposits
7-12 months

Lending Rates

b) Foreign Currency

Demand deposits

1.17

1.09

1.42

1.40

1.33

1.31

1.24

Savings deposits

0.98

0.95

0.98

1.10

1.17

0.99

1.53

Time Fixed Deposits

4.27

4.12

3.98

3.89

3.46

3.74

4.68

10.63

10.81

10.88

9.81

9.96

14.87

8.99

Lending Rates

Structure of Interest Rates (Annual percentage Rates)

Feb08

Mar08

Apr08

May08

Jun08

Jul08

Aug08

13.87

13.99

13.91

15.01

15.17

15.45

15.40

14.87

14.99

14.91

16.01

16.17

16.45

16.40

91 Days

7.94

7.92

7.81

7.86

8.17

8.57

8.26

182 Days

11.21

11.39

12.64

12.81

13.03

12.80

12.18

11.33

11.72

12.47

12.24

12.75

12.71

12.55

1.95

2.42

2.25

Demand deposits

1.20

1.40

1.16

1.33

1.29

1.29

1.30

Savings deposits

2.60

2.59

2.58

2.51

2.10

2.10

2.08

11.08

9.98

11.03

11.54

10.85

10.85

10.85

19.48

20.08

21.22

19.92

20.18

22.01

23.34

Demand deposits

1.34

1.14

1.00

1.00

0.99

1.09

Savings deposits

1.52

1.49

1.51

1.49

1.49

1.49

Time Fixed Deposits

4.63

3.92

3.32

4.31

4.31

4.31

10.32

9.68

9.58

9.56

10.78

9.33

Bank of Uganda
(End month)

Central Bank rate

Rediscount rate
Bank rate to
Commercial Banks

Treasury Bills (Monthly Average Annualised Discount rate)

35 Days
63 Days

273 Days
364 Days

Commercial Banks' (Weighted Average)

a) Shillings
Deposit Rates (WARD)

2.44

2.72

1.77

1.83

Time Deposits
7-12 months

Lending Rates

b) Foreign Currency

Lending Rates

1.05
1.49

4.25

9.80

Structure of Interest Rates (Annual percentage Rates)

sep08

oct08

Nov08

Dec08

Jan09

15.19

16.04

16.75

18.42

18.42

16.19

17.04

17.75

19.42

19.42

91 Days

8.07

9.17

9.46

11.39

11.39

182 Days

12.34

12.80

13.35

14.20

14.20

12.77

13.75

14.1209

15.08

15.08

2.11

2.47

2.40

Bank of Uganda
(End month)

Central Bank rate

Rediscount rate
Bank rate to
Commercial Banks

Treasury Bills (Monthly Average Annualised Discount rate)

35 Days
63 Days

273 Days
364 Days

Commercial Banks' (Weighted Average)

a) Shillings
Deposit Rates (WARD)

1.92

1.85

Demand deposits

1.26

1.57

1.20

1.45

1.37

Savings deposits

2.06

2.10

2.14

2.19

2.23

9.08

8.66

11.50

11.62

11.23

21.23

20.16

19.38

19.00

18.92

Demand deposits

1.19

1.07

1.31

1.05

1.01

Savings deposits

1.51

1.46

1.49

1.38

1.45

Time Fixed Deposits

3.84

4.06

6.38

3.72

3.55

9.38

9.15

9.39

8.49

10.63

Time Deposits
7-12 months

Lending Rates

b) Foreign Currency

Lending Rates

TREASURY BOND INTEREST RATES

---------------New Bond
Issue date
----------------

---------------- ----------------- ---------------- --------------------Duration

Weighted
Yield to
(Tenor)
Average
Maturity (YTM)
Price (WAP)
---------------- ----------------- ---------------- ---------------------

14-Jan-04

2 YEARS

83.018

20.808

25-Feb-04

3 YEARS

87.819

15.478

24-Mar-04

5 YEARS

92.590

12.802

19-May-04

10 YEARS

86.608

13.477

30-Jun-04

2 YEARS

93.758

13.672

6-Oct-04

3 YEARS

87.354

15.696

27-Jan-05

2 YEARS

91.993

14.769

20-Apr-05

3 YEARS

86.625

16.040

15-Jun-05

2 YEARS

92.152

14.669

27-Jul-05

3 YEARS

87.769

15.501

21-Sep-05

3 YEARS

88.233

15.286

11-Jan-06

2 YEARS

95.130

12.838

8-Feb-06

3 YEARS

91.113

13.978

9-Mar-06

3 YEARS

92.222

13.488

5-Apr-06

2 YEARS

95.865

12.397

31-May-06

5 YEARS

87.711

14.271

28-Jun-06

3 YEARS

93.750

12.825

23-Aug-06

3 YEARS

94.099

12.676

20-Sep-06

2 YEARS

94.208

13.396

18-Oct-06

2 YEARS

94.771

13.054

15-Nov-06

3 YEARS

94.210

12.628

13-Dec-06

2 YEARS

92.975

14.155

2-May-07

3 YEARS

93.716

12.840

26-Jul-07

5 YEARS

92.021

12.968

22-Aug-07

3 YEARS

92.486

13.372

19-Sep-07

2 YEARS

95.801

12.435

17-Oct-07

2 YEARS

95.966

12.337

14-Nov-07

5 YEARS

88.374

14.066

29-Nov-07

3 YEARS

91.033

14.013

12-Dec-07

2 YEARS

93.409

13.887

9-Jan-08

2 YEARS

93.345

13.926

5-Mar-08

3 YEARS

92.079

13.550

3-Apr-08

2 YEARS

93.127

14.061

30-Apr-08

3 YEARS

92.601

13.322

14-May-08

3 YEARS

91.479

13.815

28-May-08

2 YEARS

92.510

14.445

25-Jun-08

3 YEARS

89.107

14.883

20-Aug-08

3 YEARS

89.564

14.674

17-Sep-08

3 YEARS

87.939

15.422

12-Nov-08

3 YEARS

83.888

17.365

4-Feb-09

2 YEARS

86.233

18.550

1-Apr-09

3 YEARS

92.494

13.369

29-Apr-09

3 YEARS

91.346

13.874

27-May-09

3 YEARS

90.029

14.464

22-Jul-09

2 YEARS

92.713

14.318

19-Aug-09

3 YEARS

91.119

13.975

16-Sep-09

5 YEARS

88.161

14.131

14-Oct-09

2YEARS

96.100

12.257

11-Nov-09

10 YEARS

80.919

14.701

6-Jan-10

3 YEARS

96.717

11.576

3-Feb-10

10 YEARS

91.916

12.435

3-Mar-10

5 YEARS

107.748

8.801

28-Apr-10

3 YEARS

102.890

9.127

23-Jun-10

2 YEARS

103.103

8.285

21-Jul-10

10 YEARS

101.341

10.778

18-Aug-10

5 YEARS

105.3

9.405

15-Sep-10

2 YEARS

102.8

8.449

29-Sep-10

3 YEARS

101.7

9.589

13-Oct-10

2 YEARS

102.0

8.882

27-Oct-10

3 YEARS

99.0

10.639

8-Dec-10

5 YEARS

95.6

11.943

5-Jan-11

3 YEARS

95.6

12.054

2-Feb-11

10 YEARS

87.8

13.227

3-Mar-11

3 YEARS

96.6

11.617

30-Mar-11

2 YEARS

98.2

11.049

27-Apr-11

3 YEARS

94.4

12.542

27-Apr-11

5 YEARS

92.8

12.748

25-May-11

2 YEARS

95.3

12.735

22-Jun-11

2 YEARS

92.4

14.530

20-Jul-11

3YEARS

91.3

15.209

17-Aug-11

3 YEARS

87.2

15.777

14-Sep-11

3 YEARS

91.9

16.037

14-Sep-11

5 YEARS

80.2

16.736

12-Oct-11

3 YEARS

72.1

23.782

Source: Bank of Uganda