How to Sell a Bond on the Secondary or OTC Market
Part 10/15: A Beginner’s Guide to Investing in Treasury Bonds & Bills
Need to cash out your bond before it matures? No worries! You can sell your bond in the secondary market or Over-the-Counter (OTC) market—where investors, banks, and institutions trade already-issued bonds.
Step 1: Find a Buyer
Since bonds are not traded on a stock exchange in Uganda, you’ll need to find an investor or institution willing to buy your bond.
Impala Market makes this easy! Our platform allows you to list your bond for sale, where buyers and dealers can see it and express interest before you finalize the deal.
Step 2: Get a Price Quote
Bond prices fluctuate based on market demand and interest rates. You may sell your bond at:
A premium (higher price) if market interest rates have fallen.
A discount (lower price) if market interest rates have risen.
Your bank (primary dealer) or Impala Market’s platform will provide pricing guidance.
Step 3: Close the Deal and Transfer the Bond
Once a buyer expresses interest, you can negotiate and finalize the transaction. Your bank will handle the paperwork, and the bond will be transferred from your CDS account to the buyer’s.
Why Sell on the Secondary Market?
Get liquidity – Convert your bond into cash before maturity.
Trade on your terms – Sell at a negotiated price.
Use Impala Market for seamless trading – List your bond, connect with buyers, and close deals faster.
Selling your bond doesn’t have to be complicated. With Impala Market, you can reach more buyers, compare offers, and exit your investment with ease.
This is part of the series A Beginner’s Guide to Investing in Treasury Bills and Bonds.
Want to invest in Africa’s treasury markets? Impala Market helps you track opportunities, compare bond yields, and connect with buyers & sellers in the Over the Counter (OTC) market.
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