January 2022 Bank Of Uganda Treasury Bond Auction – 3-Year and 15-Year Bonds Reopened
To kick off 2022, Bank of Uganda reopened two treasury bonds — one short-term and one long-term — giving investors a fresh opportunity to earn fixed interest through safe, government-backed investments. Whether you’re saving for something in the near future or building long-term wealth, these bonds offer flexible options.
What Bonds Are Being Offered?
On Thursday, January 27, 2022, the following bonds were auctioned:
- UG0000001517 – 17.000% Government of Uganda Treasury Bond due 16-Jan-2025 (3-Year Reopening)
- UG12K0811352 – 16.250% Government of Uganda Treasury Bond due 08-Nov-2035 (15-Year Reopening)
| Bond Term | ISIN | Coupon Rate | Maturity Date | Offering Amount | Withholding Tax |
|---|---|---|---|---|---|
| 3-Year | UG0000001517 | 17.000% | 16-Jan-2025 | UGX 200 billion | 20% |
| 15-Year | UG12K0811352 | 16.250% | 08-Nov-2035 | UGX 300 billion | 10% |
These bonds were previously issued and are now available again through this reopening auction
Auction Details
- Auction Date: Thursday, January 27, 2022
- Settlement Date: Friday, January 28, 2022 (by 12:00 PM)
- Minimum Investment:
- UGX 100,000 for non-competitive bids
- UGX 200.1 million for competitive bids (submitted via Primary Dealer Banks)
- Coupon Payments: Interest paid every 6 months until maturity
- Bidding Deadline: 10:00 AM on auction day
- Allotment Method: All successful bids (both competitive and non-competitive) are awarded at a single cut-off price based on the highest accepted yield
Why These Bonds Matter
- The 3-year bond is ideal for medium-term goals like school fees, building a business fund, or personal projects.
- The 15-year bond is well-suited for long-term planning such as retirement savings, wealth preservation, or children’s education.
- With fixed coupon payments and guaranteed principal return, these bonds offer a low-risk way to grow your money.
- Open to all investors starting from just UGX 100,000.
How to Invest with Level Africa
Investing in treasury bonds is now easier than ever — no forms, no queues, no stress.
Steps to get started:
-
Create an account on Level Africa
-
Complete KYC with your ID or passport
-
Go to Treasury Bonds under Products
-
Choose bonds listed (including reopened 3Y or 20Y bonds)
-
Fund your Level wallet
-
Buy bonds — instantly, if marked “Available”
-
Track interest and returns from your dashboard
Final Thoughts
The January 2022 auction launched the year with two solid opportunities for Ugandans to earn consistent, government-backed returns. Whether you’re investing for 3 or 15 years, bonds remain a reliable foundation for your financial goals.
Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.