July 2025 Bank Of Uganda Treasury Bond Auction Results – What Investors Need to Know

On July 9, 2025, the Bank of Uganda conducted a treasury bond auction for three types of bonds — a new 3-year bond and two reopenings of 10-year and 20-year bonds. These auctions are part of Uganda’s ongoing strategy to raise capital from the public in exchange for interest-bearing securities.

Here’s a simplified breakdown of what happened, what it means, and what investors should take away from this month’s bond activity.

What Bonds Were Auctioned?

The following bonds were offered in this auction:

UG12G0607287 – 15.550% 3-Year Bond (New), maturing 06-Jul-2028
UG12K0811352 – 16.250% 10-Year Bond (Re-opening), maturing 08-Nov-2035
UG12L1806433 – 15.000% 20-Year Bond (Re-opening), maturing 18-Jun-2043

These bonds vary in how long you invest your money and how much interest (return) you receive. The longer the term, the higher the rate tends to be — but the longer you wait to access your principal.

What Were the Final Yields?

Bond Term	Maturity	Cut-off Yield (Interest Rate)	Amount Raised
3-Year (New)	06-Jul-2028	15.55%	UGX 230 billion
10-Year (Re-opening)	08-Nov-2035	17.10%	UGX 330 billion
20-Year (Re-opening)	18-Jun-2043	17.90%	UGX 430 billion

The cut-off yield is the interest rate you earn if your bid is accepted. These are strong returns — especially for long-term investors.

Key Takeaways from This Auction

Investor Demand Was High: For example, the government offered UGX 330 billion in the 10-year bond but received over UGX 1.17 trillion in competitive bids.
Short-term or long-term — returns were solid: The 3-year bond gave a strong 15.55% yield, which is attractive for lower-risk, shorter-term investment. Meanwhile, the 20-year bond offered a higher 17.90% for long-term planners.
Treasury bonds continue to attract strong interest in Uganda, as they remain one of the safest investment options that beat traditional savings accounts or fixed deposits.

Real-Life Example – What Could You Earn?

If you invested UGX 1,000,000 in the 10-year bond at 17.10%:

You’d receive UGX 171,000 per year, paid in two instalments (every 6 months).
Over 10 years, that’s UGX 1,710,000 in interest.
At the end of 10 years, you get your UGX 1,000,000 back — all without lifting a finger.

How to Invest in Bonds Through Level Africa

Getting started is easier than ever with Level Africa. No banks, no paperwork, no delays.

Here’s how to participate:

Create an Account on Level Africa
Upload Your ID to complete KYC
Go to Treasury Bonds under products
Choose a bond that matches your financial goal
Deposit funds into your Level Africa wallet
Place your order (before the auction or choose from “Available” bonds for instant purchase)
Track your interest and portfolio in real-time

For auction participation, ensure your wallet is funded and KYC completed at least 2 days before the auction date. A UGX 25,000 processing fee applies.

Final Thoughts

The July 2025 bond auction reflects a healthy demand for government securities. With yields ranging from 15.55% to 17.90%, treasury bonds remain one of the best ways to grow your money safely in Uganda.

Whether you’re saving for a child’s education, retirement, or just want consistent income — bonds can help you get there.

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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Want to know what’s coming next?
Read about the upcoming bond auction in August → August 2025 Bank of Uganda Treasury Bond Auction – What You Should Know