By Diana.N.Kintu
The Bank of Uganda (BoU) has announced a new opportunity for the public to invest in government securities through the latest issuance of Uganda Government Treasury Bills. The public auction, listed as Issue No. 1217, will take place on Wednesday, November 5, 2025, with the settlement date scheduled for Thursday, November 6, 2025.
This offering is part of the government’s ongoing domestic borrowing program under the authority of the Public Finance Management Act, 2015, aimed at mobilising local resources to finance national development priorities and manage short-term liquidity needs.
According to the announcement, the Bank of Uganda is inviting both individual and institutional investors—ranging from private citizens, savings groups, and corporations to commercial banks—to take part in the auction. The Treasury Bills on offer come in three tenures, providing flexible investment options depending on the investor’s financial plans.
The 91-day Treasury Bill has an offer amount of UGX 25 billion, maturing on February 5, 2026. The 182-day Treasury Bill carries an offer of UGX 75 billion, with a maturity date of May 7, 2026, while the 364-day Treasury Bill—the largest offer—totals UGX 255 billion, maturing on November 5, 2026.
Treasury Bills, often referred to as “T-Bills,” are short-term debt instruments issued by the government to raise funds from the public. They are considered one of the safest investment options available, backed by the full faith and credit of the Government of Uganda. Investors earn a return in the form of interest, which is paid upon maturity.
The investment process is simple and accessible to all Ugandans. Interested members of the public are required to open a Central Securities Depository (CSD) account through any commercial bank in Uganda. This electronic account holds and records Treasury Bill investments securely.
Once a CSD account is opened, the investor can place a bid for the Treasury Bill through their commercial bank, specifying the amount they wish to invest. The minimum investment accepted is UGX 100,000, making the opportunity inclusive even for small savers.
If the bid is successful during the auction, the investor’s account is automatically debited to pay for the investment. Upon maturity, the investor receives their initial capital along with interest earned, directly deposited into their bank account.
The central bank emphasised that all bids from primary dealers and commercial banks must be submitted via the CSD system by 10:00 a.m. on Wednesday, November 5, 2025. Late submissions will not be accepted.
By opening up this investment window, the Bank of Uganda aims to deepen financial inclusion and promote a savings and investment culture among Ugandans. Treasury Bills not only offer investors a secure way to grow their savings but also help the government manage short-term financing needs without relying excessively on external borrowing.
The public and interested investors are encouraged to review the official invitation to tender and obtain further details on participation through the Bank of Uganda’s website at www.bou.or.ug.