June 2023 Bank Of Uganda Treasury Bond Auction – 3-Year and 15-Year Bonds Reopened
Looking to invest in treasury bonds this month? June 2023 brings another opportunity to earn safe, fixed returns from the government. The Bank of Uganda is reopening two treasury bonds — one for short- to medium-term planners and another for long-term investors.
What Bonds Are Being Offered?
On Wednesday, June 14, 2023, Bank of Uganda will reopen the following bonds:
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UG12G2905259 – 14.000% Government of Uganda Treasury Bond due 29-May-2025 (3-Year Reopening)
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UG12K1405378 – 16.000% Government of Uganda Treasury Bond due 14-May-2037 (15-Year Reopening)
| Bond Term | ISIN | Coupon Rate | Maturity Date | Offering Amount | Withholding Tax |
|---|---|---|---|---|---|
| 3-Year | UG12G2905259 | 14.000% | 29-May-2025 | UGX 150 billion | 20% |
| 15-Year | UG12K1405378 | 16.000% | 14-May-2037 | UGX 250 billion | 10% |
Auction Details
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Auction Date: Wednesday, June 14, 2023
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Settlement Date: Thursday, June 15, 2023 (by 12:00 PM)
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Minimum Investment:
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UGX 100,000 for non-competitive bids
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UGX 200.1 million for competitive bids (submitted through a Primary Dealer Bank)
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Coupon Payments: Interest paid every 6 months
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Allotment: All successful bids are priced at one cut-off price, based on the highest accepted yield
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Deadline to Submit Bids: 10:00 AM on auction day
Why These Bonds Matter
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The 3-year bond offers a solid return and is ideal if you’re planning for something soon — like tuition, land, or a short-term business plan.
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The 15-year bond is excellent for long-term goals such as retirement, legacy planning, or a child’s future education.
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These bonds provide government-guaranteed interest payments every 6 months — meaning predictable income and peace of mind.
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You can start investing from as low as UGX 100,000 — no need for a broker or complex forms.
How to Invest with Level Africa
With Level Africa, you can invest in treasury bonds directly from your phone or laptop — quickly, securely, and with full support.
Here’s how:
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Create an account on Level Africa
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Complete KYC with your ID or passport
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Go to Treasury Bonds under Products
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Choose bonds listed (including reopened 3Y or 20Y bonds)
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Fund your Level wallet
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Buy bonds — instantly, if marked “Available”
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Track interest and returns from your dashboard
Final Thoughts
The June 2023 auction is another reminder of why treasury bonds remain one of Uganda’s safest and most rewarding investment options. Whether you’re investing for a few years or a few decades, now’s a great time to start.
Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.