The Bank of Uganda has recognized Absa Bank Uganda as the Best Performing Primary Dealer Market Maker (PDMM) in Uganda Government Securities for the period October 2024 to September 2025.
The award was presented by Governor Michael Ating-Ego at the Uganda Bankers’ Association meeting held at the Bank of Uganda. The recognition dipicts Absa Bank Uganda’s exceptional contribution to deepening the Government securities market and enhancing its liquidity, efficiency, and overall resilience.
Throughout the review period, Absa Bank Uganda delivered outstanding performance across its core PDMM obligations. The bank maintained strong participation in primary auctions, provided consistent and competitive secondary market quotes, actively engaged in interbank trading, and played a pivotal role in supporting market liquidity and price discovery.
Such performance is instrumental in fostering a well-functioning domestic debt market—one that strengthens Government financing capacity and supports the effective transmission of monetary policy.
The Bank of Uganda commends Absa Bank Uganda on this well-deserved achievement and looks forward to continued collaboration with all PDMMs in advancing Uganda’s financial market development and promoting sustainable economic growth.
