July 2025 Bank Of Uganda Treasury Bond Auction – 3, 10, and 20-Year Bonds Up for Grabs

The first Treasury Bond auction of the new financial year is here. On Wednesday, July 9, 2025, the Bank of Uganda is offering one new 3-year bond and reopening two long-term options — giving you a choice whether you want to invest short, medium, or long term.

Here’s everything you need to know about the upcoming auction and how to invest through Level Africa.

What Bonds Are Being Offered?

On July 9, 2025, Bank of Uganda is auctioning:

Auction Details

• Auction Date: Wednesday, July 9, 2025

• Settlement Date: Thursday, July 10, 2025 (T+1)

• Coupon Interest Payments: Every 6 months

• Minimum Investment:

  • UGX 100,000 for non-competitive bids

  • UGX 200,100,000 for competitive bids

• Bid Submission Deadline: 10:00 AM on auction day

• How Bids Are Priced:

  • 3-Year Bond: Bids submitted in yield to maturity (e.g., 14.125%)

  • 10-Year & 20-Year Bonds: Bids quoted as price per 100 (e.g., 99.125)

• Cut-Off Yield: All successful investors get the same rate — the auction’s highest accepted yield

Who Can Invest?

• Anyone with a CDS account — including individuals, companies, and foreigners

• If you’re bidding competitively (above UGX 200M), bids must go through a Primary Dealer Bank (e.g., Absa, Stanbic, Standard Chartered)

Why This Auction Matters

• The new 3-year bond offers flexibility for short-term investors

• The 10-year bond is great for building wealth through medium-term goals like tuition or housing

• The 20-year bond offers consistent income and is ideal for retirement, legacy planning, or long-term projects

• Interest is paid every 6 months, directly to your account

How to Invest with Level Africa

With Level Africa, you can buy treasury bonds without paperwork or going through banks.

Here’s how to get started:

1. Create an account on Level Africa

2. Upload your National ID or Passport (KYC)

3. Go to “Treasury Bonds” under Products

4. Choose a bond that matches your investment goals

5. Deposit funds into your wallet

6. Place your order — instantly if marked “Available”

7. Track your bond and earnings from your dashboard

Final Thoughts

This July 2025 auction is a powerful opportunity to start or grow your fixed-income portfolio. Whether you’re investing for 3 years or 20, these bonds offer government-backed returns and peace of mind.

Start Now – Create an Account on Level Africa

Join our community of like minded investors like yourself today Building Wealth With Level Africa.

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Frequently Asked Questions About Treasury Bonds in Uganda

What are government bonds?

Government bonds are a way to lend money to the Government of Uganda. In return, the government pays you a fixed interest rate every 6 months and gives back your full investment at the end of the bond’s term.

How do treasury bonds work in Uganda?

You buy a bond (e.g. 3, 5, or 10 years), the government pays you interest every 6 months, and you get your full capital back when the bond matures. All bonds are issued and regulated by the Bank of Uganda.

What is the minimum amount to invest in government bonds?

You can start investing with UGX 100,000 using a non-competitive bid. No broker is needed when using platforms like Level Africa.

How can I buy government bonds in Uganda?

You need a Central Depository System (CDS) account or a digital investment platform like Level Africa.
Steps:

1. Create an account on Level Africa
2. Upload your National ID or Passport (KYC)
3. Go to “Treasury Bonds” under Products
4. Choose a bond that matches your investment goals
5. Deposit funds into your wallet
6. Place your order — instantly if marked “Available”
7. Track your bond and earnings from your dashboard

What are the current treasury bond interest rates in Uganda (2025)?

Rates vary by bond type and auction results. For example:

• 2-Year bond: around 15.75%
• 10-Year bond: around 16.25%
• 20-Year bond: up to 18.50%
  All rates are set during each auction by the Bank of Uganda.

Are treasury bonds safe in 2025?

Yes. Treasury bonds are backed by the Government of Uganda and are considered among the safest investments, especially for long-term or retirement goals.

Do government bonds pay interest?

Yes. Interest is called a coupon and is paid out every 6 months. You receive it directly to your wallet or bank account.

Can I sell a bond before it matures?

Yes, bonds are transferable and can be rediscounted if you need to exit early, although the resale price depends on current market rates.

How do interest rates affect bonds?

If new bond rates go up, the value of existing bonds on the market may go down (and vice versa). However, if you hold your bond until maturity, you still get your full investment and all promised interest.

What’s the difference between treasury bonds and treasury bills?

• Treasury bonds: Long-term (2–25 years), pay interest every 6 months
• Treasury bills: Short-term (91–364 days), sold at a discount and paid back in full at maturity

Can individuals buy Bank of Uganda treasury bonds?

Yes. Both individuals and institutions can invest. Many Ugandans now use Level Africa to access bonds directly with no paperwork.

How often are treasury bonds auctioned in Uganda?

Typically, every 28 days. The auction calendar is published annually by the Bank of Uganda, and Level Africa notifies you ahead of each sale.

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