Bank of Uganda has announced a Treasury Bills auction worth UGX 350 billion, inviting investors to bid for short-term government securities under Issue No. 1232.
The auction will be held on Wednesday, July 8, 2026, while settlement for successful bids is scheduled for Thursday, July 9, 2026.The offer consists of three Treasury Bill tenors. The 91-day Treasury Bill has an offer amount of UGX 15 billion and will mature on October 8, 2026.
In addition, the 182-day Treasury Bill is valued at UGX 35 billion and matures on January 7, 2027. The largest portion of the offer, UGX 300 billion, is in the 364-day Treasury Bill, which will mature on July 8, 2027.
Treasury Bills are short-term government securities issued by the Bank of Uganda on behalf of the Government to finance public expenditure. They are widely regarded as one of the safest investment options because they are backed by the Government.
To participate in the auction, investors are required to open a Central Securities Depository (CSD) account through a licensed commercial bank. Bids are submitted through the same banks before the auction date.
The minimum investment is UGX 100,000, making Treasury Bills accessible to both individual and institutional investors.
Successful bidders will have the investment amount debited from their bank accounts on the settlement date. At maturity, investors receive the full value of their investment together with the interest earned.
The Treasury Bills on offer are identified as follows:
- 91-day Bill: ISIN UG11B0810264
- 182-day Bill: ISIN UG11C0701271
- 364-day Bill: ISIN UG11E0807272
