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ISSUED UNDER PUBLIC FINANCE MANAGEMENT ACT 2015 ISSUE NO 1157
INVITATION TO TENDER
Bank of Uganda invites applications for Uganda Government Treasury Bills securities as follows:
OFFERING AMOUNT:
DESCRIPTION OF OFFERING:
ISIN UG11B1910238 91 DAYS 15,000,000,000
ISIN UGI1C1801245 364 DAYS 290,000,000,000/=
ISIN UGI1E1807248 182 DAYS 40,000,000,000
AUCTION DATE: Wednesday July 19, 2023
SETTLEMENT DATE: Thursday July 20, 2023, 12PM
MATURITY DATE:
91 DAYS 19-Oct-2023
182 DAYS 18-Jan-2024
364 DAYS 18-Jul-2024
AUCTION INFORMATION
Primary Dealers (PDs) and other commercial banks should submit all bids to Bank of Uganda through the Central Securities Depository (CSD) by 10.00am on Wednesday July 19, 2023.
200,100,000
100,000/=
Minimum Competitive Bid Amount (ONLY BY PRIMARY DEALERS) Minimum Non-Competitive Bid Amount (THROUGH ANY COMMERCIAL BANK):
PRICING AND SUBMISSION OF BIDS:
Competitive Bids (by PDs):
Prices must be expressed with 3 decimal places eg., 99.999. Non-Competitive Bids: Accepted in full at the cut-off price up to 200,000,000 per maturity
OTHER INFORMATION ALL successful bids (Competitive Bids and Non-Competitive Bids) will be allocated at one price. the auction lowest price per 100 (corresponding to the auction highest accepted yield).
Bank of Uganda reserves the right to increase or reduce the amount offered for 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 DEALERS: ABSA BANK; BANK OF BARODA; CENTENARY BANK DFCU BANK; HOUSING FINANCE BANK; STANBIC BANK; STANDARD CHARTERED BANK & UNITED BANK FOR AFRICA)
MANAGEMENT July 13, 2023