November 20 – November 27, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling clawed back some ground in thin trade with the money markets awash with liquidity. The home unit held steady in the range of 3,680/3,700. In the fixed income space, yields for a 3 year and 15 year printed at 15.50% and 15:30%, indicating an inverted yield curve. Going forward, the broad assumption is that the government additional funding requirements that has been approved