Record-Breaking Auction Results: Retail Investors Drive Demand for Treasury Bonds
June 11, 2025
Breaking News: The results from today's auction are in! Congratulations to everyone who participated in the final Treasury Bonds auction for the 2024-2025 financial year.
What’s particularly interesting is the growing appetite for treasury bonds, especially among retail investors. In today’s Auction of the 15-year treasury bond, over Ugx 20 billion has been invested by retail participants and a total of over UGX 29 Billion.
Additionally, the 5-year treasury bond has attracted nearly UGX 7 billion, further demonstrating the increasing interest in treasury investments.
Remarkably, the 15-year treasury bond, which will pay a coupon on July 10th, has been issued at a slight discount. While it may be modest, it represents a significant opportunity, especially for a bond with a coupon rate payment set for July 10th (29 days from now).
The yield cutoff stands at an impressive 17.795% (Better than the private offering yield), making it nearly as competitive as the private offering we had in May, which was exclusively subscribed by primary dealer banks and NSSF. The government has successfully raised over UGX 1 Trillion in this auction which brings this financial borrowings from Domestic Market to over 26 Trillion UGX.
Congratulations to everyone Who Invested! This concludes the treasury bond auctions for this financial year. We have a treasury bill auction scheduled in two weeks, but for treasury bonds, this is the last opportunity for the financial year before a new calendar is released. For those looking to purchase treasury bonds, particularly those that will pay in July, you will need to buy them on the secondary market.
Thank you.
Hello Alex, Many thanks for the great work. Is there a schedule for when these bonds are put on the market in a calendar year, for purposes of planning, and for one not to miss out.