Territory Bonds forms an integral part of the Corporation's borrowing program. Territory Bonds is the Corporation's retail fixed interest borrowing product, which is used to seek funds from the general public. The funds raised assist to finance the Northern Territory's infrastructure requirements such as housing, transport, health and education services.
Territory Bonds is specifically designed for retail investors seeking a safe and secure Government guaranteed investment. Territory Bonds have been issued every year since 1979 and as at 30 June 2007 had over $170 million outstanding.
Territory Bonds offer a minimum investment amount of $1000 and a variety of investment terms from 1 to 7 years. Investors may choose to have their interest paid directly into their nominated bank account either quarterly, half-yearly or annually. Territory Bonds are guaranteed by the Northern Territory Government.
Territory Bonds are redeemable at any licensed securities dealer, or with the Northern Territory Treasury Corporation, at a price related to the prevailing interest rates.
Contact
Finance Officer - Settlements, John Kidd, 1800 089 119.
Current Issue
Issue No. 85 open. Interest Rates effective Tuesday, 1 July 2008
Minimum investment only $1000
Interest Paid |
|||
| Maturity Date | Quarterly |
Half-Yearly |
Yearly |
| 15 December 2009 | 6.95% |
7.00% |
7.10% |
| 15 December 2010 | 6.90% |
6.95% |
7.05% |
| 15 December 2011 | 6.85% |
6.90% |
7.00% |
| 15 December 2013 | 6.80% |
6.85% |
6.95% |
| 15 December 2015 | 6.75% |
6.80% |
6.90% |
Prospectus
To apply for an investment in Territory Bonds, please download the Prospectus (616 kb, PDF file), complete the application form and mail to Computershare Investor Services Pty Ltd in Melbourne.
Click here for address details for offices of Computershare Investor Services Pty Ltd
Registry Service
The Corporation's agent for the supply of registry services is Computershare Investor Services Pty Ltd.