The 15-year upcoming Treasury Bonds Auction.
Feb 10, 2025
Friends,
Next week Feb 19, 2025, the Bank of Uganda will be auctioning off three treasury bonds with the aim of raising approximately UGX 990 billion, as announced in the call for auction.
The Breakdown
UG12G0907265: 2-Year Treasury bond with a coupon rate of 13.5% and WHT of 20% Maturing in July 2026.
UG0000001533: 5-Year Treasury bond with a coupon rate of 14.25% and WHT of 10% maturing in August 2029.
Yes, this 5-year bond has a withholding tax of 10% because it’s a reopened bond which was first issued in 2014 as a 15-year bond, and the Treasury re-opened it as a 5-year bond in this calendar year.
UG12K2306393: 15-Year Treasury bond with a coupon rate of 15.8% and WHT of 10% maturing in June 2039.
Thanx for the heads up chif🙏🏼