• 3-Year Bond (UG12J1301280) – 14.125% maturing 13-Jan-2028

• 10-Year Bond (UG12K2206346) – 14.250% maturing 22-Jun-2034

• 20-Year Bond (UG12L1806433) – 15.000% maturing 18-Jun-2043

If you’re planning to grow your investments through stable, government-backed assets, here’s what you need to know.

What Does “Re-opening” Mean?

These are not new bonds. They’ve been offered before, and now the government is looking to raise more money by offering additional units of the same bonds. If you invest, you’ll be joining an existing group of investors but you’ll still earn the same coupon interest based on your purchase price.

What These Bonds Offer You

3-Year Bond – Short-Term Commitment

• Ideal if you’re planning for expenses in the next 2–3 years.

• Great for school fees, weddings, or land deposits.

• Pays interest every 6 months.

10-Year Bond – Medium-Term Planning

• Good for business expansion, real estate goals, or your children’s secondary or university education.

• More interest than shorter bonds, with regular coupon payments.

20-Year Bond – Long-Term Wealth

• Designed for retirement planning, legacy investments, or long-term wealth preservation.

• Highest return potential over time.

• Suits those building generational wealth.

Deadline to Participate

To join this auction, you must complete your investment steps before Friday, 25 October 2025.

How to Invest in Treasury Bonds Through Primary Dealers (PDs)

1. Choose a Primary Dealer Bank
   Select one of the licensed banks: Absa, Centenary, Citi, DFCU, Equity, Housing Finance, Stanbic, or Standard Chartered.

2. Open an Investment Account
   If you don’t already bank with them, you may need to open an account. They’ll also help you open a CSD (Central Securities Depository) account at the Bank of Uganda in your name.

3. Place Your Bid Through the Bank
   Tell your bank how much you want to invest and in which bond maturity (2-year, 5-year, 15-year, etc.). They will submit the bid on your behalf at the auction.

4. Meet the Minimum Requirement
   The smallest investment allowed is UGX 100,000. Your PD will guide you if they set higher internal minimums.

5. Settlement
   If your bid is successful, your bank (the PD) will debit your account on settlement day (in this case, October 2, 2025) for the committed amount.

6. Earning Returns
   You’ll receive interest every 6 months directly into your bank account, and the full principal at maturity.

How to Invest in Treasury Bonds Through Level Africa

It’s now easier than ever to invest in bonds in Uganda. With Level Africa, everything is done online, securely, and in minutes.

Steps to Get Started:

1. Create an Account on Level Africa

2. Upload your National ID or Passport to complete KYC

3. Deposit money into your Level Africa wallet

4. Choose a bond from the Treasury Bonds section

5. Place your order

6. Bonds marked “Available” can be bought instantly

7. For upcoming auctions, place your order before the deadline

8. Track your returns right from your dashboard

Note: To participate in this auction, complete your KYC and fund your wallet before 25 October 2025.
A one-time UGX 25,000 fee applies to process your bid.

What Happens After You Invest?

Once the auction takes place on 29 October 2025, Bank of Uganda will decide the cut-off yields for each bond based on demand.

If your bid is successful:

• You’ll begin earning interest (coupon payments every 6 months)

• You can track your bond on your Level Africa dashboard

• You’ll get your capital back when the bond matures

Final Thoughts

This is a great opportunity for Ugandans looking for a safe, low-risk, and consistent way to grow their money.

Whether you’re planning for a short-term goal or thinking long-term, this auction gives you multiple options. And with Level Africa, the process is simple, fast, and fully licensed.

Ready to Invest?

Join our community of like-minded investors building wealth with Level Africa.

Stay updated by following our WhatsApp channel and joining our Investor WhatsApp Community.

We’ll walk with you every step of the way.

FAQs – Treasury Bonds in Uganda

What are treasury bonds?
They are long-term loans you give to the government in exchange for fixed interest.

How often is interest paid?
Every 6 months directly to your Level Africa wallet.

What’s the minimum investment?
UGX 100,000 for non-competitive bids on Level Africa.

Is the interest taxed?
Yes. Withholding tax is 10% or 20%, depending on the bond.

Can I sell my bond before maturity?
Yes, on the secondary market — but prices may vary.

How do I know which bond to pick?
Start with your goal: short-term = 2-year, medium-term = 5-year, long-term = 15-year+

The post October 2025 Uganda Treasury Bond Auction: 3, 10 & 20-Year Bonds Now Open appeared first on Level Africa.

If you’re new to investing in bonds, or just tracking Uganda’s economic outlook, here’s what the numbers mean and how you can take advantage.

What Bonds Were Reopened and at What Rates?

Cut-off yield = The interest rate you lock in if your bid is successful during the auction. It’s the real return you’ll earn annually on your investment.

What These Results Tell Us

• Strong demand for long-term bonds: The 15-year bond attracted massive attention — over UGX 2.4 trillion was raised from this one bond alone. It shows Ugandans are thinking long term and prioritizing wealth preservation.

• Higher returns for longer terms: The longer you commit your money, the higher the interest rate. From 15.75% for 2 years to 17.65% for 15 years, the trend is clear.

• Government is raising serious capital: Over UGX 2.7 trillion was raised across the three bonds — an indication of confidence in the safety and returns of government debt.

Real-Life Example – What You Could Have Earned

Let’s say you invested UGX 1,000,000 in the 5-year bond at 16.20%:

• You’d earn UGX 162,000 per year in interest paid out in two parts every 6 months.

• Over 5 years, you’d collect UGX 810,000 in interest.

• At maturity, you get back your original UGX 1,000,000.

All this with minimal risk — the government guarantees to pay you.

How to Invest in Treasury Bonds Through Primary Dealers (PDs)

1. Choose a Primary Dealer Bank
   Select one of the licensed banks: Absa, Centenary, Citi, DFCU, Equity, Housing Finance, Stanbic, or Standard Chartered.

2. Open an Investment Account
   If you don’t already bank with them, you may need to open an account. They’ll also help you open a CSD (Central Securities Depository) account at the Bank of Uganda in your name.

3. Place Your Bid Through the Bank
   Tell your bank how much you want to invest and in which bond maturity (2-year, 5-year, 15-year, etc.). They will submit the bid on your behalf at the auction.

4. Meet the Minimum Requirement
   The smallest investment allowed is UGX 100,000. Your PD will guide you if they set higher internal minimums.

5. Settlement
   If your bid is successful, your bank (the PD) will debit your account on settlement day (in this case, October 2, 2025) for the committed amount.

6. Earning Returns
   You’ll receive interest every 6 months directly into your bank account, and the full principal at maturity.

How to Invest in Treasury Bonds Through Level Africa

It’s now easier than ever to invest in bonds in Uganda. With Level Africa, everything is done online, securely, and in minutes.

Steps to Get Started:

1. Create an Account on Level Africa

2. Upload your National ID or Passport to complete KYC

3. Deposit money into your Level Africa wallet

4. Choose a bond from the Treasury Bonds section

5. Place your order

   • Bonds marked “Available” can be bought instantly

   • For auctions, place your order before the deadline

6. Track your returns right from your dashboard

Note: This particular auction has already closed. But you can prepare early for the next one — complete KYC, fund your wallet, and you’ll be ready when the next invitation is announced.

Final Thoughts

The October auction reminds us of something important: wealth building is a long game. Whether you’re saving for your child’s education, retirement, or a business goal — Treasury Bonds are a solid way to grow your money safely.

And now, thanks to platforms like Level Africa, you don’t need to go through brokers or line up at banks to get started.

Start Now – Create an Account on Level Africa!

Join our community of like-minded investors building wealth with Level Africa.

Stay updated by following our WhatsApp channel and joining our Investor WhatsApp Community.

We’ll walk with you every step of the way.

FAQs – Treasury Bonds in Uganda

What are treasury bonds?
They are long-term loans you give to the government in exchange for fixed interest.

How often is interest paid?
Every 6 months directly to your Level Africa wallet.

What’s the minimum investment?
UGX 100,000 for non-competitive bids on Level Africa.

Is the interest taxed?
Yes. Withholding tax is 10% or 20%, depending on the bond.

Can I sell my bond before maturity?
Yes, on the secondary market — but prices may vary.

How do I know which bond to pick?
Start with your goal: short-term = 2-year, medium-term = 5-year, long-term = 15-year+

The post October 2025 Bank of Uganda Treasury Bond Auction Results & What It Means for You appeared first on Level Africa.

Treasury bonds are long-term debt instruments issued by the Government of Uganda through the Bank of Uganda. When you invest in a treasury bond, you’re lending money to the government in exchange for regular interest payments, and the full amount is repaid at the end of the bond’s term.

Think of it as a handshake deal with the government: you give them money today, and they promise to return it with interest on a fixed schedule.

The government uses these funds for infrastructure, schools, healthcare, and other public needs. Because they are backed by the government, treasury bonds are considered one of the safest investments available in Uganda.

Why Invest in Treasury Bonds in 2025?

If you’re looking for a way to grow your money without taking big risks, treasury bonds could be a smart choice in 2025. Here’s why:

• You earn more than most savings accounts – Some treasury bonds are paying interest of up to 17% per year.
• Your money is safe – The government promises to pay you back, which makes this one of the most secure places to put your savings.
• You choose how long to invest – You can pick bonds that last 2, 3, 5, or even 10 years depending on your goal.
• It helps you reach your goals – Whether you’re saving for school fees, starting a business, or preparing for retirement, treasury bonds help you plan with confidence.

Unlike saving under your mattress or leaving money in an account that pays little interest, treasury bonds help your money grow while staying safe.

2025 Auction Schedule and Key Dates

Treasury bonds are auctioned by the Bank of Uganda roughly twice per month. Each auction offers different tenors — for example, a 3-year bond this month and a 10-year bond next month.

You can view the official auction calendar on the Bank of Uganda website or get alerts directly from our WhatsApp Channel.

Treasury Bond Rates & Returns

Here are some examples of what you could earn from treasury bonds:

• 2-Year Bond – Earns about 14.75% per year
• 5-Year Bond – Earns about 16.25% per year
• 10-Year Bond – Earns about 17.00% per year

These numbers can change slightly each time the government holds a bond auction, but they give you a good idea of what to expect.

Some important terms to know:

• Coupon Rate: This is the fixed interest the government promises to pay you every year. For example, if you buy a bond worth UGX 1,000,000 with a coupon rate of 14%, you will receive UGX 140,000 in interest every year — typically split into two payments of UGX 70,000 each.
• Cut-Off Yield: This is the actual return you’ll earn based on how much you’re paying to get the bond. Let’s say the bond mentioned above has a coupon rate of 14%, but it’s sold at a discount for UGX 950,000. Even though the government still pays UGX 140,000 a year, you’re earning more because you paid less upfront. Your real return — the cut-off yield — might now be closer to 15% or more.

Let’s break it down with examples:

• Example 1: 2-Year Bond
  • Coupon Rate: 14%
  • You buy it for UGX 1,000,000
  • You receive UGX 140,000 per year in interest
  • Cut-off yield = 14% if bought at face value. If you paid UGX 980,000, your cut-off yield rises slightly to reflect the lower cost and same income.
• Example 2: 10-Year Bond
  • Coupon Rate: 17%
  • You buy it for UGX 950,000
  • You still receive UGX 170,000 per year in interest
  • Because you paid less than UGX 1,000,000, your actual return (cut-off yield) is higher than 17%, maybe 18% or more

In summary:

• Coupon rate is what the bond pays.
• Cut-off yield is what you truly earn, based on how much you paid.

Understanding this helps you compare different bonds and make the best investment choice.

How Treasury Bonds Are Bought in Uganda

Traditionally, investing in Treasury Bonds involves going through a Commercial Bank licensed as a Primary Dealer (such as Stanbic, ABSA, dfcu, Centenary, Housing Finance, etc.). The process is:

1. Open a Securities Central Depository (SCD) account with your bank

   • Requires ID, photos, bank details, and signed forms

2. Submit an application to participate in a bond auction before the deadline

   • You choose between competitive (set your own rate) or non-competitive (accept average yield) bidding

3. Fund your purchase through your bank account before auction settlement day

4. Wait for allocation after the auction is completed by Bank of Uganda

5. Receive paper or email confirmations and semi-annual coupon payments into your bank account

6. Track your investment manually through bank or SCD statements

How to Invest in Treasury Bonds Through Level Africa

It’s now easier than ever to invest in treasury bonds in Uganda. With Level Africa, the entire process is digital, secure, and beginner-friendly.

Steps to Get Started:

• Create an Account on Level Africa

• Upload your National ID or Passport to complete KYC

• Deposit money into your Level Africa wallet

• Choose a bond from the Treasury Bonds section

• Place your order

  • Bonds marked “Available” can be bought instantly

  • For upcoming auctions, make sure to place your order before the deadline

• Track your returns from your personal dashboard — no paperwork needed

Note: To participate in auctions, your KYC must be complete and your wallet funded before the deadline.
For the September 2025 auction, the deadline to fund your wallet and complete KYC was Sunday, September 1, and a UGX 25,000 fee applied to process your auction order.

Requirements and Minimum Investment

• Must be 18 years or older
• Valid National ID or Passport
• Minimum investment: UGX 100,000
• No hidden charges, no monthly fees

Risks and Considerations

Even though treasury bonds are very safe, it’s helpful to understand a few things before investing:

• You may not get your money out early: When you buy a bond, you’re agreeing to keep your money locked in until the end date (called maturity). If you want to access your funds earlier, you’d need to sell the bond to another investor — and that may not always be quick or easy.
• Future interest rates might affect your returns: If new bonds are issued in the future with higher interest rates, the bond you bought earlier may become less attractive to other investors. This mainly matters if you plan to sell your bond before it matures.
• Inflation reduces the value of money over time: If the cost of goods and services goes up faster than your bond’s return, your money may not stretch as far. Still, treasury bonds usually perform better than leaving money idle in a savings account.

Frequently Asked Questions

Can I invest from abroad? Yes. As long as you meet the KYC requirements and fund your wallet, you can invest through Level Africa from anywhere.

How do I earn interest? You receive interest semi-annually, and your principal is paid in full at maturity.

Can I access my money early? Not directly, but you can sell your bond on the secondary market. Contact our support for help.

Are the returns taxed? Yes, a withholding tax may apply. It’s typically deducted before payout.

Get Started with Level Africa

Start Now – Create an Account on Level Africa

Join our community of like minded investors like yourself today Building Wealth With Level Africa.

Stay updated by following our WhatsApp channel.

Frequently Asked Questions About Treasury Bonds in Uganda

What are government bonds?

Government bonds are a way to lend money to the Government of Uganda. In return, the government pays you a fixed interest rate every 6 months and gives back your full investment at the end of the bond’s term.

How do treasury bonds work in Uganda?

You buy a bond (e.g. 3, 5, or 10 years), the government pays you interest every 6 months, and you get your full capital back when the bond matures. All bonds are issued and regulated by the Bank of Uganda.

What is the minimum amount to invest in government bonds?

You can start investing with UGX 100,000 using a non-competitive bid. No broker is needed when using platforms like Level Africa.

What are the current treasury bond interest rates in Uganda (2025)?

Rates vary by bond type and auction results. For example:

• 2-Year bond: around 15.75%
• 10-Year bond: around 16.25%
• 20-Year bond: up to 18.50%
  All rates are set during each auction by the Bank of Uganda.

Are treasury bonds safe in 2025?

Yes. Treasury bonds are backed by the Government of Uganda and are considered among the safest investments, especially for long-term or retirement goals.

Do government bonds pay interest?

Yes. Interest is called a coupon and is paid out every 6 months. You receive it directly to your wallet or bank account.

Can I sell a bond before it matures?

Yes, bonds are transferable and can be rediscounted if you need to exit early, although the resale price depends on current market rates.

How do interest rates affect bonds?

If new bond rates go up, the value of existing bonds on the market may go down (and vice versa). However, if you hold your bond until maturity, you still get your full investment and all promised interest.

What’s the difference between treasury bonds and treasury bills?

• Treasury bonds: Long-term (2–25 years), pay interest every 6 months
• Treasury bills: Short-term (91–364 days), sold at a discount and paid back in full at maturity

Can individuals buy Bank of Uganda treasury bonds?

Yes. Both individuals and institutions can invest. Many Ugandans now use Level Africa to access bonds directly with no paperwork.

How often are treasury bonds auctioned in Uganda?

Typically, every 28 days. The auction calendar is published annually by the Bank of Uganda, and Level Africa notifies you ahead of each sale.

The post Bank of Uganda Treasury Bonds 2025: Rates, Terms & How to Invest appeared first on Level Africa.