June 2022 Bank Of Uganda Treasury Bond Auctions – Mid-Year Investment Opportunities
In June 2022, the Bank of Uganda held two separate auctions — a scheduled and a non-calendar auction — giving investors multiple options to grow their wealth through safe, government-backed bonds. With maturities ranging from 2 to 20 years, there was something for every investment goal.
Mid-June Auction – June 15, 2022
Bank of Uganda reopened the following bonds:
- UG12J0605277 – 16.000% Government of Uganda Treasury Bond due 06-May-2027 (5-Year Reopening)
- UG12L0111405 – 17.500% Government of Uganda Treasury Bond due 01-Nov-2040 (20-Year Reopening)
| Bond Term | ISIN | Coupon Rate | Maturity Date | Offering Amount | Withholding Tax |
|---|---|---|---|---|---|
| 5-Year | UG12J0605277 | 16.000% | 06-May-2027 | UGX 150 billion | 20% |
| 20-Year | UG12L0111405 | 17.500% | 01-Nov-2040 | UGX 250 billion | 10% |
End-of-Month Non-Calendar Auction – June 29, 2022
This special reopening auction offered a wider mix of bonds across short, medium, and long-term tenors:
- UG12F0709234 – 10.000% Treasury Bond due 07-Sep-2023 (2-Year)
- UG12J0605277 – 16.000% Treasury Bond due 06-May-2027 (5-Year)
- UG12K0403325 – 16.375% Treasury Bond due 04-Mar-2032 (10-Year)
- UG12K0811352 – 16.250% Treasury Bond due 08-Nov-2035 (15-Year)
- UG12L0111405 – 17.500% Treasury Bond due 01-Nov-2040 (20-Year)
| Bond Term | ISIN | Coupon Rate | Maturity Date | Offering Amount | Withholding Tax |
| 2-Year | UG12F0709234 | 10.000% | 07-Sep-2023 | UGX 100 billion | 20% |
| 5-Year | UG12J0605277 | 16.000% | 06-May-2027 | UGX 120 billion | 20% |
| 10-Year | UG12K0403325 | 16.375% | 04-Mar-2032 | UGX 150 billion | 10% |
| 15-Year | UG12K0811352 | 16.250% | 08-Nov-2035 | UGX 180 billion | 10% |
| 20-Year | UG12L0111405 | 17.500% | 01-Nov-2040 | UGX 230 billion | 10% |
Why These Bonds Matter
- The 2-Year bond is perfect for short-term goals like emergency funds, tuition, or travel.
- 5-Year and 10-Year bonds offer strong interest rates for medium-term goals such as land, business capital, or property down payments.
- 15-Year and 20-Year bonds are ideal for retirement planning, wealth preservation, and creating generational value.
- All bonds offer fixed interest every 6 months, and your full investment is repaid at the end of the term.
- With entry points starting from UGX 100,000, anyone can begin investing.
How to Invest with Level Africa
Level Africa simplifies the investment process — no bank queues, no paperwork.
Steps to invest:
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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 June 2022 bond auctions delivered one of the most comprehensive offerings of the year. Whether you’re investing short-term or decades ahead, these treasury bonds offered flexible, reliable, and secure investment options backed by the Government of Uganda.
Start Now – Create an Account on Level Africa
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