August 2021 Bank Of Uganda Treasury Bond Auction – 3-Year and 15-Year Bonds Reopened
In August 2021, Bank of Uganda reopened two treasury bonds — one for short-term savers and another for long-term investors. These bonds gave Ugandans another opportunity to earn steady, government-backed interest while planning for different financial goals.
What Bonds Were Offered?
On Wednesday, August 11, 2021, 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 are reopening bonds, meaning they were issued previously and are now available again for new investment.
Auction Details
- Auction Date: Wednesday, August 11, 2021
- Settlement Date: Thursday, August 12, 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: Made every 6 months until maturity
- Allotment Method: All successful bids were awarded at the same cut-off price — based on the highest accepted yield
Why These Bonds Matter
- The 3-year bond is perfect for medium-term planning such as school fees, building a fund for a business, or saving for a house.
- The 15-year bond is well-suited for long-term investment goals like retirement, education, or intergenerational wealth building.
- Bonds offer fixed income, backed by the Government of Uganda, and pay interest every 6 months.
- Starting from UGX 100,000, anyone can begin their investment journey.
How to Invest with Level Africa
Level Africa makes bond investing easy, accessible, and 100% digital.
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 August 2021 bond auction was another chance for Ugandans to grow their wealth through safe and steady government bonds. With fixed returns and wide accessibility, these bonds are ideal for anyone looking to secure their financial future.
Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.