Kampala, Uganda – The Bank of Uganda has issued guidelines to Ugandans on how to invest in Treasury Bills and Bonds, providing a lucrative opportunity for individuals to grow their wealth while supporting the country’s economic development.
According to the Bank of Uganda, Treasury Bills and Bonds are government securities that allow individuals to lend money to the government for a fixed period, earning interest on their investment.
To invest in Treasury Bills and Bonds, individuals can follow these simple steps:
- Open a bank account with a Commercial Bank licensed by the Bank of Uganda.
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Request your bank to open a Central Securities Depository (CSD) account, also known as an ANKUTO account, which allows investors to buy and hold Treasury Bills and Bonds.
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Access the Auction Calendar on the Bank of Uganda website or through your bank to find information on upcoming auctions and investment opportunities.
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Ensure your bank account has funds equal to or above your desired investment.
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Fill out a bid application form with the amount and period to invest. The minimum bid amount is UGX 100,000.
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Submit your forms to your bank, which will forward them to the Bank of Uganda for evaluation.
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Bids are evaluated, and if your bid is successful, your bank will transfer money from your bank account to your CSD account to pay for the investment.
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At the end of the investment period, you will receive your principal and interest directly into your bank account.
Looking for a safe way to grow your money?
Refer to this Step-by-Step guide and discover how to invest in Treasury Bills & Bonds – a low-risk, simple, and reliable way to earn with Bank of Uganda. Start your journey today pic.twitter.com/rUCFOfCxFJ
— Bank of Uganda (@BOU_Official) January 27, 2025
The Bank of Uganda has assured investors that their investments are secure and that they will receive their principal and interest at the end of the investment period.
“We want to assure Ugandans that investing in Treasury Bills and Bonds is a safe and secure way to grow their wealth,” said, the Bank of Uganda in a statement. “We encourage individuals to take advantage of this opportunity and invest in their future.”
Bank of Uganda is the central bank of Uganda, established in 1966 and wholly owned by the government.
As of 2019, the bank employed more than 1,000 people. It has branches across the country, including in Kampala, Jinja, Mbale, Gulu, Mbarara, Kabale, Fort Portal, Arua, and Masaka.
