The Uganda shilling traded firmer, propped up by end month flows that improved supply levels amid subdued demand. Bid and ask held at 3585/95.In fixed income space, yields turned out flat in a hugely oversubscribed auction. Liquidity levels in the banking system remained high and kept a lid on the rates. Yields printed at 6.662%, 8.298% and 9.591% respectively.In the regional markets the Kenya shilling was on the edge, with markets expecting a weakening bias on anticipated demand from energy sector . Trading was in the range of 114.85/115.05. Meanwhile, CBK held its benchmark lending rate at 7% reflecting a…
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