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 2009 had approximately $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 Link Market Services Limited, at a price related to the prevailing interest rates.
Current Issue and Rates
Issue 87 opens on 1 September 2009. Interest rates for Issue 87 are as follows:
Interest Paid |
|||
| Maturity Date | Quarterly |
Half-Yearly |
Yearly |
| 15 Dec 2010 | 4.45% |
4.50% |
4.60% |
| 15 Dec 2011 | 4.95% |
5.00% |
5.10% |
| 15 Dec 2012 | 5.45% |
5.50% |
5.60% |
| 15 Dec 2014 | 5.95% |
6.00% |
6.10% |
| 15 Dec 2016 | 5.95% |
6.00% |
6.10% |
Interest rates are reviewed regularly and are subject to change.
How to Invest
To apply for an investment in Territory Bonds, please download the Prospectus, complete the application form and mail with a cheque made out to "NT Treasury Corporation" to
Link Market Services Limited
Locked Bag A14
SYDNEY SOUTH NSW 1235
Click here for address details for offices of Link Market Services Limited
Forms
| Form | Document |
| Territory Bonds Prospectus & application form | (pdf, 281kb) |
| Sale form | (pdf, 249kb) |
| Change of details form | (pdf, 267kb) |
| Transfer form | (pdf, 251kb) |
Registry
Link Market Services Limited currently provides registry services for Territory Bonds.
Link is a market leader in registry management and provides a sophisticated record management system, call centre and staff to assist in your Territory Bonds enquiries.
Their website www.linkmarketservices.com.au has an Investor Service Centre which provides a central point to manage your portfolio. This allows you to update changes to your address, banking details, view statements and balances plus much more. To get access it's simple as registering online.
Territory Bond Contacts
General Inquiries
Finance Officer - Settlements, John Kidd, +61 8 8999 7745
Other Inquiries (information regarding a bond holding)
Link Market Services Limited
Locked Bag A14
SYDNEY SOUTH NSW 1235
Freecall: 1800 111 441
Telephone: +61 2 8280 7665
Facsimile: +61 2 9287 0303
Website: www.linkmarketservices.com.au