Bank of Uganda Treasury Bills Auction Results September 2025 Issue No. 1214

The Bank of Uganda has released the results of its treasury bills auction held on Wednesday, 24 September 2025 (Auction No. 1214). Below is a simple breakdown of the performance across the 91-day, 182-day, and 364-day maturities.

Auction Overview

  • Auction Date: Wednesday, 24 September 2025

  • Settlement Date: Thursday, 25 September 2025

  • Maturities Offered: 91 days, 182 days, 364 days

  • Total Amount Offered: UGX 355 billion

 

Treasury Bills Results – 24 September 2025

91-Day Treasury Bill

  • Amount Offered: UGX 25 billion

  • Amount Tendered: UGX 52.74 billion

  • Amount Accepted: UGX 25.61 billion

  • Cut-off Price: 97.214

  • Effective Yield: 12.00%

  • Maturity Date: 25 December 2025

182-Day Treasury Bill

  • Amount Offered: UGX 75 billion

  • Amount Tendered: UGX 85.75 billion

  • Amount Accepted: UGX 11.34 billion

  • Cut-off Price: 94.088

  • Effective Yield: 13.24%

  • Maturity Date: 26 March 2026

364-Day Treasury Bill

  • Amount Offered: UGX 255 billion

  • Amount Tendered: UGX 451.61 billion

  • Amount Accepted: UGX 339.74 billion

  • Cut-off Price: 86.799

  • Effective Yield: 15.25%

  • Maturity Date: 24 September 2026

What These Results Mean

  • High Investor Demand: All maturities were oversubscribed, highlighting continued appetite for safe, short-term investments.

  • Rising Yields: The 91-day bill climbed to a 12% effective yield, while the 364-day remained the most rewarding at 15.25%.

  • Attractive Short-Term Options: Investors continue to favor treasury bills for predictable, government-backed returns.

 

Final Thoughts

The 24 September 2025 Treasury Bills Auction confirms investor confidence, with oversubscription across all maturities. For Ugandans looking to grow their money safely, treasury bills remain one of the most reliable short-term opportunities.

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FAQs

1. Which treasury bill had the highest yield in this auction?
The 364-day bill with an effective yield of 15.25%.

2. Were the bills oversubscribed?
Yes. All three maturities attracted bids far above the amounts offered.

3. What was the minimum investment?
UGX 100,000 for non-competitive bids.

4. When do these treasury bills mature?
In December 2025, March 2026, and September 2026 respectively.

5. How often does the Bank of Uganda hold treasury bill auctions?
Every two weeks, according to the official auction calendar.

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