Exciting Opportunity: 10- & 20-Year Treasury Bonds Auction

Level Africa invites you to explore a secure, long-term investment opportunity in the upcoming 10- and 20-Year Treasury Bonds auction by the Bank of Uganda.

Why This Auction Matters

The 10-year bond (Maturing June 22, 2034) and the 20-year bond (Maturing June 18, 2043) offer competitive coupon rates of 14.25% and 15%, respectively, providing attractive returns on your investment.

With coupon payments starting as early as January 2025, this is a great chance to secure regular income while benefiting from Uganda’s high-yield investment environment.

What Makes These Bonds Attractive?

1. High Yield-to-Maturity (YTM):
   • Previous auctions have seen yields as high as 16.875% (20-year bond) and 16.25% (10-year bond), signaling the potential for favorable rates in this auction.
2. Discounted Investment Entry:
   • For example, if YTM is 16.25%, you could purchase a UGX 100 million bond for just UGX 97 million, giving you immediate value for your money.
3. Quick Cash Flow Returns:
   • Coupon payments begin in January 2025, meaning you could receive ~UGX 6.75 million (net) on a UGX 97 million investment just 1.5 months after the auction.
4. Tax Efficiency:
   • A 10% withholding tax ensures higher net returns compared to other investment options.
5. Government-Backed Security:
   • Treasury bonds are among the safest investments, backed by the government of Uganda.

How to Participate

The auction is scheduled for November 27, 2024, and the settlement date is November 28, 2024. You can bid through non-competitive avenues or primary dealer banks like Stanbic, ABSA, or Standard Chartered.

Investment Example (20-Year Bond):

• Investment Amount: UGX 97 million (Discounted for a face value of UGX 100 million)
• Net Annual Coupon: UGX ~13.5 million (Post-Tax)
• First Payment: UGX ~6.75 million in January 2025
• YTM Potential: ~16.25%

Why Choose Level Africa?

At Level Africa, we simplify the process of investing in bonds and other fixed-income products. Start with as little as UGX 100,000, all from your smartphone or laptop in under 5 minutes.

Don’t miss this opportunity to grow your wealth with secure, low-risk Treasury Bonds.

Get Started Today!

Visit www.level.africa to learn more about how you can participate in this auction and other investment opportunities.

Your future is waiting—let’s grow your wealth together.