ISSUED UNDER THE PUBLIC FINANCE MANAGEMENT ACT 2015

ISSUE NO 1220
INVITATION TO TENDER

Bank of Uganda invites applications for Uganda Government Treasury Bill securities as follows:

OFFERED AMOUNT:
DETAILS OF OFFERING:
ESN UG1H1900366 91 DAYS 25,000,000,000/--
ESN UG1IC1806269 182 DAYS 75,000,000,000/--
ESN UG1IE1712265 364 DAYS 255,000,000,000/--

AUCTION DATE:
SETTLEMENT DATE:
Wednesday Dec 17, 2025.
Thursday Dec 18, 2025.

MATURITY DATES:
91 DAYS 19-Mar-2026
182 DAYS 15-Hur-2026
364 DAYS 17-Dec-2026

SUBMISSION DEADLINE
Primary Dealer Banks (PDs) and other commercial banks should submit all bids to Bank of Uganda through the Central Securities Depository (CSD) by 10.00am, Wednesday December 17, 2025

MAXIMUM BID AMOUNT:
Minimum Competitive Bid Amount (ONLY BY PRIMARY DEALER BANKS): 200,100,000/--
Minimum Non-Competitive Bid Amount (THROUGH ANY COMMERCIAL BANK): 100,000/--

PRICING AND SUBMISSION OF BIDS:
• Competitive Bids (by PDs): Prices must be expressed with 3 decimal places e.g., 99,999.
• Non-Competitive Bids Accepted in full at the cut-off price up to 200,000,000/= per maturity

ALLOCATION
ALL successful bids (Competitive Bids and Non-Competitive Bids) will be allocated at one price, the lowest auction price per 100 (corresponding to the highest accepted auction yield).

Bank of Uganda reserves the right to increase or reduce the amount offered in the auction and accept or reject any or all applications in part or in whole. This advertisement is also available on Bank of Uganda’s web site: www.bou.or.ug.

PLEASE NOTE THAT ONLY PRIMARY DEALER BANKS ARE ALLOWED TO SUBMIT COMPETITIVE BIDS INTO THE AUCTION, CURRENT PRIMARY DEALER BANKS INCLUDE:

ABSA BANK; CITI BANK; CENTENARY BANK; DFCC BANK; EQUITY BANK; HOUSING FINANCE BANK; STANBIC BANK & STANDARD CHARTERED BANK.a