Treasury Bills on Offer

In this auction (Issue No. 1216), the Government is offering a total of UGX 355 billion across three maturities:

• 91-Day Treasury Bill (UG11B2201264) – UGX 25 billion

• 182-Day Treasury Bill (UG11C2304264) – UGX 75 billion

• 364-Day Treasury Bill (UG11E2210269) – UGX 255 billion

Key Auction Dates

• Auction Date: Wednesday, 22 October 2025

• Settlement Date: Thursday, 23 October 2025

• Maturity Dates:

  • 91-Day → 22 January 2026

  • 182-Day → 23 April 2026

  • 364-Day → 22 October 2026

How to Participate

• Minimum Investment

  • Non-Competitive Bids (via any commercial bank): UGX 100,000 (in multiples)

  • Competitive Bids (Primary Dealers only): UGX 200,100,000

• Submission Deadline
  All bids must reach the Bank of Uganda by 10:00 AM on Wednesday, 22 October 2025 through the Central Securities Depository (CSD).

• Primary Dealer Banks
  ABSA Bank, Citi Bank, Centenary Bank, DFCU Bank, Equity Bank, Housing Finance Bank, Stanbic Bank, and Standard Chartered Bank.

How the Auction Works

• Competitive Bids – Placed by Primary Dealers, quoting a specific price/yield.

• Non-Competitive Bids – For individuals and institutions; accepted at the auction’s cut-off price.

• All successful bidders receive allocations at the same cut-off yield.

Why This Auction Matters

Treasury Bills remain one of the safest ways to invest in Uganda, backed by the Government. They offer predictable returns and short maturities (3 months to 1 year) for investors seeking low-risk options.

👉 Want to stay updated on auction dates and results?

• Join our WhatsApp Group

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Final Thoughts

The October 2025 Treasury Bills Auction gives investors another chance to earn secure returns with as little as UGX 100,000. Whether you choose the 91-, 182-, or 364-day option, this auction is an opportunity to grow your money with government-backed stability.

FAQs

1. What is the minimum amount to invest in this auction?
UGX 100,000 for non-competitive bids through commercial banks.

2. When do these treasury bills mature?
Between January and October 2026, depending on the tenor.

3. Who can buy treasury bills?
Individuals and institutions through any commercial bank.

4. How are rates determined?
By auction bids; the cut-off yield sets the return for non-competitive bidders.

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

The post October 2025 Treasury Bills Auction – Bank of Uganda Invitation (Issue No. 1216) appeared first on Level Africa.

How Treasury Bill Auctions Work

• Auction Day: Every second Wednesday.

• Settlement Day: The next day (Thursday).

• Tenors Available: 91 days, 182 days, 364 days.

• Minimum Investment: UGX 100,000 (non-competitive bids).

• Competitive vs Non-Competitive Bids:

  • Competitive → Placed by Primary Dealer banks.

  • Non-Competitive → For individuals, accepted at the auction cut-off price.

Treasury Bills Auction Dates – July to December 2025

Here are the confirmed auction dates for Treasury Bills in the second half of 2025:

• July 2025: 2, 16, 30

• August 2025: 13, 27

• September 2025: 10, 24

• October 2025: 8, 22

• November 2025: 5, 19

• December 2025: 3, 17, 31

(Settlement is always the next day, Thursday)

Why This Calendar Matters

1. Plan Ahead – You need to submit your application to your bank before the Wednesday 10:00 AM deadline.

2. Time Your Investment – If you want to roll over treasury bills, these dates help you align maturities.

3. Stay Updated – Auction results determine the cut-off yields, which set your actual return.

Stay Updated With Auction Results

Want to know the latest treasury bill rates after each auction? Join the Level Africa community to get updates straight to your phone:

• Join our WhatsApp Group

• Follow our WhatsApp Channel

Final Thoughts

The Bank of Uganda Treasury Bills Auction Calendar 2025 makes it easy for investors to plan and participate in upcoming auctions. With auctions every two weeks, you can choose the right tenor (91, 182, or 364 days) and start building short-term returns safely.

Want to learn how treasury bills work and how to buy them? Check out our guides:

• What Are Treasury Bills in Uganda?

• How to Buy Treasury Bills in Uganda – Step-by-Step

FAQs

1. How often are treasury bill auctions held in Uganda?
Every two weeks, usually on Wednesdays.

2. What is the minimum amount I can invest?
UGX 100,000 through a non-competitive bid.

3. Where can I find auction results?
The Bank of Uganda publishes results after every auction, and we share updates in the Level Africa community.

4. Do the dates ever change?
Yes, the Bank of Uganda can reschedule auctions if needed.

5. Which maturities are available?
91-day, 182-day, and 364-day treasury bills.

The post Bank of Uganda Treasury Bills Auction Calendar 2025 appeared first on Level Africa.

How Treasury Bill Interest Rates Are Set

• Treasury bill rates are determined during Bank of Uganda auctions.

• Investors place bids through commercial banks.

• The final rate (called the cut-off yield) is the highest rate accepted at the auction.

• Non-competitive bids (most individuals) are automatically accepted at this cut-off yield.

This means your return depends on the most recent auction results.

Treasury Bills Interest Rates in Uganda Today

As of September, the latest Bank of Uganda auction delivered the following indicative rates:

• 91-Day Treasury Bill: ~10.3% annualized yield

• 182-Day Treasury Bill: ~13.4% annualized yield

• 364-Day Treasury Bill: ~15.2% annualized yield

For the most recent auction results and upcoming rates:

• Join our WhatsApp Group

• Follow our WhatsApp Channel

Why Treasury Bill Rates Change

1. Government Borrowing Needs – Higher borrowing can push rates up.

2. Investor Demand – If many investors bid, rates may fall.

3. Inflation Trends – Rising inflation usually leads to higher yields.

4. Monetary Policy – Bank of Uganda policy rates also influence T-bill yields.

How to Check Treasury Bill Rates Yourself

• Visit the Bank of Uganda website (auction results are published after every auction).

• Ask your commercial bank for current yields.

• Follow Level Africa updates via our community channels.

Treasury Bill Rates vs Other Investments

Final Thoughts

Treasury bill interest rates in Uganda today remain competitive compared to most savings accounts and fixed deposits. While rates vary at each auction, the 91-day, 182-day, and 364-day options all provide safe, predictable returns for investors.

👉 Want the latest auction rates as soon as they’re released?

• Join our WhatsApp Group

• Follow our WhatsApp Channel

FAQs

1. What is the interest rate on treasury bills in Uganda today?
It changes at every auction, but recent results show 10–16% annualized yields depending on tenor.

2. How often are treasury bill rates updated?
Every two weeks after Bank of Uganda auctions.

3. Which treasury bill pays the most?
The 364-day bill typically offers the highest yield.

4. Can treasury bill rates fall?
Yes. If demand is high or government borrowing needs are low, yields can decrease.

5. How can I get notified of treasury bill rate changes?
Follow auction results on the Bank of Uganda website or join the Level Africa WhatsApp community.

The post Treasury Bills Interest Rates in Uganda Today (Updated 2025) appeared first on Level Africa.

Treasury Bills Are Sold Through Auctions

Treasury bills are issued by the Government of Uganda through the Bank of Uganda. Every two weeks, the Bank holds an auction where investors can buy bills with maturities of 91 days, 182 days, or 364 days.

To participate, you must go through a commercial bank. There are two types of bids:

• Competitive Bids → Placed by Primary Dealer banks (Stanbic, Standard Chartered, ABSA, Centenary, Equity, etc.). These specify the yield they want.

• Non-Competitive Bids → For individuals and institutions. These are accepted in full at the cut-off price.

Minimum Amount for Treasury Bills in Uganda

• Non-Competitive Bids (for individuals):
  Minimum = UGX 100,000, in multiples of 100,000.
  Example: You can invest UGX 100,000, 200,000, 500,000, or more.

• Competitive Bids (for Primary Dealers):
  Minimum = UGX 200,100,000.

For most Ugandan investors, the UGX 100,000 non-competitive bid is the realistic entry point.

Why the UGX 100,000 Minimum Matters

1. Accessibility – Anyone can start small without needing millions.

2. Flexibility – You can increase in multiples of UGX 100,000 depending on your budget.

3. Beginner-Friendly – A low entry point makes treasury bills a great first step into government securities.

Example: Investing the Minimum

If you invest UGX 100,000 in a 364-day treasury bill at a 15% yield:

• Purchase Price ≈ UGX 87,000

• Face Value = UGX 100,000

• Profit = UGX 13,000 (before tax)

• After 20% tax = UGX 10,400 net profit

This may seem small, but it shows how affordable treasury bills are — and how you can scale up over time.

Treasury Bills vs Bonds Minimum Investment

Both securities are accessible, but treasury bills are more popular with small savers because they mature quickly.

Final Thoughts

The minimum amount to buy treasury bills in Uganda is UGX 100,000, making them one of the most accessible investments in the country. Whether you want to test the waters or invest larger sums, treasury bills are a safe, government-backed option.

Stay updated with treasury bill auctions and results:

• Join our WhatsApp Group

• Follow our WhatsApp Channel
  

FAQs

1. What is the minimum amount to buy treasury bills in Uganda?
UGX 100,000 for non-competitive bids.

2. Can I invest less than UGX 100,000?
No. The minimum is UGX 100,000, in multiples of 100,000.

3. Do treasury bonds also have the same minimum?
Yes, UGX 100,000, but bonds are longer-term.

4. How often can I invest in treasury bills?
Every two weeks, during Bank of Uganda auctions.

5. Can I invest in treasury bills using Mobile Money?
Some banks allow funding via Mobile Money. Always check with your bank first.

The post Minimum Amount to Buy Treasury Bills in Uganda appeared first on Level Africa.

Treasury Bills Work on a Discount Basis

Unlike bonds (which pay interest every six months), treasury bills are sold at a discount and redeemed at face value.

• You buy the bill at less than its face value.

• At maturity, you receive the full face value.

• The difference is your profit (return).

Formula:

Step 1: Identify the Face Value

The face value is the amount you will receive at maturity. In Uganda, this is usually in multiples of UGX 100,000.

Example: You apply for a UGX 1,000,000 treasury bill.

Step 2: Apply the Auction Discount Rate

The Bank of Uganda auction determines the discount rate (cut-off yield).

Example: The 364-day auction cut-off yield is 15%.

• Purchase Price = Face Value ÷ (1 + (Yield × Days/365))

• Purchase Price = 1,000,000 ÷ (1 + (0.15 × 364/365))

• Purchase Price ≈ UGX 869,565

Step 3: Calculate Your Profit

• Face Value: UGX 1,000,000

• Purchase Price: UGX 869,565

• Profit = UGX 130,435

Step 4: Deduct Withholding Tax

All treasury bill returns are subject to 20% withholding tax.

• Tax = 20% × 130,435 = UGX 26,087

• Net Profit = UGX 104,348

Step 5: Work Out Your Effective Annual Yield

Even if you invest in a shorter tenor (91 or 182 days), you can calculate the effective annual yield by annualizing the return.

Example: 182-day bill at 12% yield

• Face Value = 1,000,000

• Purchase Price ≈ UGX 941,176

• Profit = UGX 58,824 (before tax)

• Effective Yield ≈ 12% per year

Quick Reference – Typical Treasury Bill Yields

• 91-Day Bill: 10–12% annualized

• 182-Day Bill: 12–14% annualized

• 364-Day Bill: 14–16% annualized

Want to see updated rates and auction results?

• Join our WhatsApp Group

• Follow our WhatsApp Channel

   

Final Thoughts

Calculating treasury bill returns in Uganda comes down to understanding the discount formula and factoring in withholding tax. Once you know the face value, the auction yield, and the tenor, you can work out exactly what you’ll earn.

Treasury bills remain one of the safest and most transparent investments for Ugandans looking for short-term returns.

FAQs

1. How much do I need to invest in treasury bills in Uganda?
The minimum is UGX 100,000 for non-competitive bids.

2. Do I get monthly interest on treasury bills?
No. You buy at a discount and receive the face value at maturity.

3. How is withholding tax applied on treasury bills?
20% of your profit is deducted automatically.

4. How can I quickly calculate treasury bill returns?
Use the formula or a simple calculator: Return = Face Value – Purchase Price.

5. Which treasury bill has the highest return?
The 364-day bill usually offers the highest effective yield.

The post How to Calculate Returns on Treasury Bills in Uganda appeared first on Level Africa.

What Are Treasury Bills?

• Short-term government securities issued by the Bank of Uganda.

• Maturities: 91 days, 182 days, or 364 days.

• Bought at a discount and redeemed at face value at maturity.

• Example: Pay UGX 900,000 for a bill with a face value of UGX 1,000,000 → Earn UGX 100,000 profit at maturity.

• Best for: Short-term savers who want predictable returns.

What Are Unit Trusts?

• Collective investment schemes regulated by the Capital Markets Authority (CMA).

• Pool money from multiple investors to buy a diversified portfolio (money market instruments, bonds, equities).

• Managed by professional fund managers (e.g., Sanlam, UAP Old Mutual, ICEA Lion, Xeno).

• Example: You invest UGX 500,000 in a money market fund. The fund invests in treasury bills, bonds, and deposits. Your returns are shared with other investors.

• Best for: People who want convenience, diversification, and professional management.

Unit Trusts vs Treasury Bills – Key Differences

Which Should You Choose?

• Choose Treasury Bills if:

  • You want a guaranteed, fixed return.

  • You’re saving for a short-term need (school fees, business cash flow).

  • You’re comfortable applying through a bank and waiting until maturity.

• Choose Unit Trusts if:

  • You want flexibility and the option to withdraw anytime.

  • You prefer professional fund managers to handle your investments.

  • You want exposure to a mix of assets (not just government securities).

Tax Considerations

• Treasury Bills: Profit is subject to 20% withholding tax.

• Unit Trusts: Returns are also taxed, but money market funds often quote net-of-tax yields.

Final Thoughts

Both unit trusts and treasury bills are safe, regulated, and accessible investments in Uganda. The choice depends on your goals:

• Treasury bills are best for short-term, predictable returns.

• Unit trusts offer flexibility, diversification, and professional management.

Stay updated with investment insights, auction dates, and performance trends:

• Join our WhatsApp Group

• Follow our WhatsApp Channel

FAQs

1. Are unit trusts safer than treasury bills in Uganda?
Treasury bills are backed by the government and are the safest. Unit trusts are also safe but depend on the fund manager’s performance.

2. Which pays more — unit trusts or treasury bills?
It depends. Treasury bills have fixed rates, while unit trust returns vary with the market.

3. Can I invest in both?
Yes. Many investors use treasury bills for short-term goals and unit trusts for flexibility.

4. What is the minimum amount for each?
UGX 100,000 for treasury bills, as low as UGX 10,000 for unit trusts.

5. Which is better for long-term investors?
Unit trusts are better because of flexibility and diversification, while treasury bills are more for short-term savings.

The post Unit Trusts vs Treasury Bills in Uganda – Which Is Better for You? appeared first on Level Africa.

What Are Treasury Bills?

• Short-term securities issued for 91 days, 182 days, or 364 days.

• Bought at a discounted price and redeemed at face value at maturity.

• Example: Buy a UGX 1,000,000 bill at UGX 900,000 → Get UGX 1,000,000 at maturity → Profit UGX 100,000 (before tax).

• Best for short-term savers or people who want to park funds safely for a few months.

What Are Treasury Bonds?

• Long-term securities issued for 2, 3, 5, 10, 15, or even 20+ years.

• Pay semi-annual coupon interest (every six months) plus full principal at maturity.

• Example: Buy a UGX 1,000,000 bond at 15% coupon → Earn UGX 75,000 every six months, plus UGX 1,000,000 at the end.

• Best for long-term investors who want predictable income over time.

Treasury Bills vs Bonds – Key Differences

Which Should You Choose?

• Choose Treasury Bills if:

  • You want to invest for 3–12 months.

  • You need your money back quickly.

  • You want to test government securities with a small amount.

• Choose Treasury Bonds if:

  • You’re investing for the long term (2+ years).

  • You want regular cash flow from coupon payments.

  • You’re building wealth for retirement or future projects.

Taxes on Treasury Bills and Bonds

• Treasury Bills: Profit is taxed at 20% withholding tax, deducted automatically.

• Treasury Bonds: Coupon interest is also subject to 20% withholding tax.

Final Thoughts

Both treasury bills and bonds are safe investments backed by the Government of Uganda. The right choice depends on your goals: bills for short-term growth, bonds for long-term wealth building.

Want to stay updated on auction dates, rates, and results?

• Join our WhatsApp Group

• Follow our WhatsApp Channel

FAQs

1. Are treasury bills or bonds better in Uganda?
Neither is “better” — it depends on your goals. Bills are short-term, bonds are long-term.

2. Can I invest in both treasury bills and bonds?
Yes. Many investors use bills for short-term goals and bonds for long-term wealth.

3. What is safer — treasury bills or bonds?
Both are government-backed and very safe.

4. Which pays more — treasury bills or bonds?
Bonds usually pay higher yields, but your money is locked for longer.

5. What is the minimum to invest in government securities in Uganda?
UGX 100,000, whether in bills or bonds.

The post Treasury Bills vs Bonds in Uganda – Which Is Right for You? appeared first on Level Africa.

Step 1: Understand the Basics

Treasury bills are short-term government securities with three maturities:

• 91 days (3 months)

• 182 days (6 months)

• 364 days (1 year)

You don’t receive monthly interest. Instead, you buy the bill at a discounted price and get the full face value at maturity. The difference is your profit.

Step 2: Choose a Commercial Bank

You cannot buy treasury bills directly from the Bank of Uganda as an individual. Instead, you must go through a commercial bank.

• Primary Dealer banks (Stanbic, Standard Chartered, ABSA, Centenary, Equity, etc.) can place bids directly with the Bank of Uganda.

• Other commercial banks can also handle non-competitive bids for their customers.

Step 3: Decide Between Competitive or Non-Competitive Bids

• Competitive Bids: Only Primary Dealer banks can place these. They specify the exact yield they want.

• Non-Competitive Bids: Individuals and institutions use this option. All non-competitive bids are accepted at the auction’s cut-off price.

For most retail investors, non-competitive bids are the way to go.

Step 4: Meet the Minimum Investment

• Non-Competitive Bid Minimum: UGX 100,000 (and in multiples of UGX 100,000).

• Competitive Bid Minimum: UGX 200,100,000 (only for Primary Dealers).

This means you can get started with as little as UGX 100,000 through your bank.

Step 5: Submit Your Application Before the Deadline

• Fill out the treasury bill application form at your bank.

• Submit it along with your funds before the deadline.

• Deadlines are usually Wednesday at 10:00 AM on auction weeks.

Step 6: Wait for the Auction Results

• The Bank of Uganda announces results the same day.

• If your bid is successful, your account will be debited and you’ll receive a treasury bill certificate.

• At maturity, the bank credits your account with the face value of the bill.

Want to stay updated on auction dates and results?

• Join our WhatsApp Group

• Follow our WhatsApp Channel

   

Example: How to Buy a 364-Day Treasury Bill

1. You walk into your bank and request to buy a 364-day treasury bill.

2. You fill in an application for UGX 1,000,000.

3. Suppose the auction cut-off yield is 15%. You will pay about UGX 870,000.

4. After one year, you’ll receive UGX 1,000,000.

5. Your profit (before tax) is UGX 130,000.

Withholding Tax on Treasury Bills

All treasury bill profits are subject to 20% withholding tax. The bank deducts this automatically.

Example:
Profit: UGX 130,000
Tax: UGX 26,000
Net Return: UGX 104,000

Final Thoughts

Buying treasury bills in Uganda is easier than many people think. With as little as UGX 100,000, you can take part in a safe, short-term government-backed investment.

👉 Stay ahead with updates on treasury bill auctions and results:

• Join our WhatsApp Group

• Follow our WhatsApp Channel

   

FAQs

1. What is the minimum amount to buy treasury bills in Uganda?
UGX 100,000, through non-competitive bids.

2. Can I buy treasury bills directly from the Bank of Uganda?
No. You must go through a commercial bank.

3. How long does it take to receive my money back?
It depends on the maturity: 91, 182, or 364 days.

4. Do treasury bills pay monthly interest?
No. They are bought at a discount and redeemed at face value.

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

The post How to Buy Treasury Bills in Uganda – Step-by-Step appeared first on Level Africa.

Understanding How Treasury Bills Work

Treasury bills are short-term government securities. When you invest in one, you are lending money to the government for a set period. In return, the government promises to pay you back more than you invested.

Unlike treasury bonds (which pay interest every six months), treasury bills work on a discount system:

• You buy a treasury bill at less than its face value.

• At maturity, you receive the full face value.

• The difference is your profit (your return).

Example:
You buy a 364-day treasury bill with a face value of UGX 1,000,000 at UGX 870,000.
At maturity, you receive UGX 1,000,000.
Your profit is UGX 130,000 before tax.

The 91-Day Treasury Bill (3 Months)

• Tenor: 3 months.

• Best for: Investors who want to park money short-term, e.g., for school fees or business cash flow.

• Returns: Typically the lowest yield of the three, but still higher than a savings account.

• Liquidity: Very high, since you get your money back quickly.

The 182-Day Treasury Bill (6 Months)

• Tenor: 6 months.

• Best for: Investors who can wait half a year and want better returns than the 91-day option.

• Returns: Usually higher than 91-day bills, with moderate annual yields.

• Liquidity: Medium — your money is tied up for half a year.

The 364-Day Treasury Bill (1 Year)

• Tenor: 1 year.

• Best for: Investors comfortable locking funds for a full year.

• Returns: Typically the highest yields of all treasury bills, sometimes above 15% effective annual rate.

• Liquidity: Lower than the 91 or 182-day bills, but higher profit potential.

How Auctions Decide Treasury Bill Rates

The Bank of Uganda sells treasury bills through auctions held every two weeks.

• Competitive Bids: Submitted by Primary Dealer banks (like Stanbic, Standard Chartered, ABSA, Centenary, Equity). They specify the rate they want.

• Non-Competitive Bids: Available to individuals and institutions through commercial banks. These are automatically accepted at the auction’s cut-off price.

👉 Want to stay updated on auction dates and results?

• Join our WhatsApp Group

• Follow our WhatsApp Channel

Withholding Tax on Treasury Bills in Uganda

All profits from treasury bills are subject to 20% withholding tax. The tax is automatically deducted before you receive your returns.

Example:
If your profit is UGX 100,000, you’ll receive UGX 80,000 after tax.

Treasury Bills vs Treasury Bonds

Final Thoughts

Treasury bills are a simple, safe, and short-term way to invest your money in Uganda. Whether you choose the 91-day, 182-day, or 364-day option, the main advantage is predictable returns backed by the Government of Uganda.

👉 Don’t miss updates on auction dates, results, and rates:

• Join our WhatsApp Group

• Follow our WhatsApp Channel

FAQs

1. What is the minimum amount to invest in treasury bills in Uganda?
UGX 100,000, through non-competitive bids at commercial banks.

2. Which treasury bill option has the highest return?
The 364-day bill typically offers the highest yield.

3. How often are treasury bill auctions held in Uganda?
Every two weeks, according to the Bank of Uganda auction calendar.

4. Do treasury bills pay monthly interest?
No. They are bought at a discount and redeemed at full value.

5. Which is better — 91-day or 364-day treasury bills?
It depends on your goal. The 91-day option is more liquid, while the 364-day option usually pays more.

The post How Treasury Bills Work in Uganda – 91, 182, and 364-Day Options appeared first on Level Africa.

What Are Treasury Bills in Uganda?

A treasury bill is a short-term debt instrument issued by the Government of Uganda through the Bank of Uganda. Unlike bonds, which last for years, treasury bills mature in:

• 91 days (3 months)

• 182 days (6 months)

• 364 days (1 year)

When you buy a treasury bill, you don’t receive regular interest payments like with bonds. Instead, you buy it at a discounted price and get the full face value when it matures. The difference between what you paid and what you receive is your profit.

Example:
If you buy a UGX 1,000,000 treasury bill at UGX 900,000, you’ll receive UGX 1,000,000 at maturity. The UGX 100,000 difference is your return.

How Treasury Bill Auctions Work in Uganda?

Treasury bills are only sold through Bank of Uganda’s bi-weekly auctions. Here’s how it works:

1. Auction Announcements – Bank of Uganda publishes auction calls on its website and in newspapers.

2. Primary Dealers – Only certain banks (like Stanbic, Standard Chartered, Centenary, Equity, ABSA, etc.) are licensed to submit competitive bids directly to the Bank of Uganda.

3. Non-Competitive Bids – Individuals and institutions can place bids through any commercial bank. These are accepted in full at the cut-off price.

4. Minimums –

   • Competitive bids (for Primary Dealers only): UGX 200,100,000

   • Non-competitive bids (for individuals): UGX 100,000

Why Treasury Bills Matter

1. Safe Investment – Backed by the Government of Uganda.

2. Short-Term Commitment – Ideal if you don’t want to lock money away for years.

3. Predictable Returns – You know your profit upfront at purchase.

4. Accessible – You can start with UGX 100,000 through a commercial bank.

Treasury Bills vs Bonds in Uganda

Treasury Bills Interest Rates in Uganda

Rates change depending on demand at each auction. As of 2025:

• 91-day treasury bills yield around 10–12% annually.

• 182-day treasury bills yield between 12–14%.

• 364-day treasury bills can exceed 15%.

Want to stay updated on Treasury Bill auctions and results?
Join the Level Africa Investment Community where we share the latest Bank of Uganda auction dates, interest rates, and insights.

• Join our WhatsApp Channel

• Join our WhatsApp Community Group

How to Buy Treasury Bills in Uganda

You cannot buy treasury bills through Level Africa. To participate, you need to go through a commercial bank:

1. Visit your bank branch and ask about investing in treasury bills.

2. Fill out the forms for a non-competitive bid (minimum UGX 100,000).

3. Submit before the auction deadline (usually 10 AM on Wednesdays).

4. If successful, your money will be debited, and you’ll receive a treasury bill certificate.

Taxes on Treasury Bills in Uganda

Returns are subject to 20% withholding tax, deducted automatically before you receive your profit.

Final Thoughts

Treasury bills are a great option for short-term investors who want safety and predictable returns. While you can only buy them directly through commercial banks, Level Africa provides you with updates, analysis, and advisory services to help you invest with confidence.

Start Now – Create an Account on Level Africa to explore government bonds and other regulated investment opportunities.

Join our community of like-minded investors today – Building Wealth With Level Africa

Stay updated by following our WhatsApp Channel

FAQs

1. What is the minimum amount to invest in treasury bills in Uganda?
UGX 100,000 through non-competitive bids at commercial banks.

2. Can I buy treasury bills on Level Africa?
No. Treasury bills are issued only through the Bank of Uganda. Level Africa provides education, analysis, and paid investment advisory to help you through the process.

3. How often are treasury bill auctions held?
Every two weeks, according to the Bank of Uganda’s auction calendar.

4. What is the difference between a treasury bill and a bond?
Bills are short-term, discounted securities, while bonds are long-term and pay interest coupons.

The post Treasury Bills in Uganda: A Simple Guide for First-Time Investors 2025 appeared first on Level Africa.