April 2021 Bank Of Uganda Treasury Bond Auction – 2-Year and 5-Year Bonds Reopened
In April 2021, the Bank of Uganda reopened two treasury bonds — one short-term and one medium-term — offering investors a simple, low-risk way to earn reliable income. Whether you’re planning for near-term needs or mid-range goals, here’s what you need to know about this auction.
What Bonds Were Offered?
On Wednesday, April 14, 2021, Bank of Uganda auctioned the following government bonds:
- UG0000001244 – 11.000% Government of Uganda Treasury Bond due 13-Apr-2023 (2-Year Reopening)
- UG12J2708269 – 16.625% Government of Uganda Treasury Bond due 27-Aug-2026 (5-Year Reopening)
| Bond Term | ISIN | Coupon Rate | Maturity Date | Offering Amount | Withholding Tax |
|---|---|---|---|---|---|
| 2-Year | UG0000001244 | 11.000% | 13-Apr-2023 | UGX 200 billion | 20% |
| 5-Year | UG12J2708269 | 16.625% | 27-Aug-2026 | UGX 250 billion | 20% |
These are reopening bonds, meaning they had been previously issued and were made available again for new investment.
Auction Details
- Auction Date: Wednesday, April 14, 2021
- Settlement Date: Thursday, April 15, 2021 (by 12:00 PM)
- Minimum Investment:
- UGX 100,000 for non-competitive bids
- UGX 200.1 million for competitive bids via Primary Dealer Banks
- Bidding Deadline: 10:00 AM on auction day
- Coupon Payments: Paid every 6 months until maturity
- Allotment Method: All successful bids were awarded at the same cut-off price (the lowest price corresponding to the highest accepted yield)
Why These Bonds Matter
- The 2-year bond is ideal for people who want to earn stable returns quickly — perfect for saving toward school fees, business capital, or travel.
- The 5-year bond offers a higher return and suits mid-term goals like purchasing land, building a house, or funding a business expansion.
- Both bonds provide fixed interest every 6 months, and your original investment is fully returned at maturity.
- Starting at just UGX 100,000, these investments are open to nearly anyone looking to grow their money safely.
How to Invest with Level Africa
With Level Africa, you don’t need a broker, paperwork, or bank queues.
Here’s how to start investing:
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Create an account on Level Africa
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Complete KYC with your ID or passport
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Go to Treasury Bonds under Products
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Choose bonds listed (including reopened 3Y or 20Y bonds)
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Fund your Level wallet
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Buy bonds — instantly, if marked “Available”
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Track interest and returns from your dashboard
Final Thoughts
The April 2021 auction gave investors a strong pair of options for growing their money with confidence. Whether you’re investing for a few years or laying a foundation for the next five, government bonds remain one of the most reliable tools for building financial security.
Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.