Frequently Asked Questions
Q: What is a bond?
A: A bond is a long term security with a defined term to maturity and a fixed interest rate that entitles the investor to regular interest payments.
Q: What is the minimum investment possible in Territory Bonds?
A: You may invest in Territory Bonds for as little as $1,000. The amounts you can invest above this amount increase in $100 multiples.
Q: What are the benefits of investing in Territory Bonds?
A: Territory Bonds are issued at attractive interest rates and are guaranteed by the Treasurer of the Northern Territory on behalf of the Northern Territory under Section 20 of the Northern Territory Treasury Corporation Act.
Q: Will I receive a receipt for my investment?
A: Once your application is received, a Certificate of Inscription will be sent out within approximately three weeks. Replacement certificates will be issued on request.
Q: Are my bonds transferable?
A: Territory Bonds may be transferred at no charge by completing a Transfer and Acceptance form. These forms may be obtained from the Northern Territory Treasury Corporation or Computershare Investor Services. Once ownership is transferred a certificate will be sent to the new bond holder, if requested.
Q: How can I redeem my Territory Bonds?
A: Territory Bonds holders may redeem their bonds through either an Australian stockbroker or the Northern Territory Treasury Corporation. It should be noted that early redemptions are calculated at the current market rate and you may either make a capital gain or loss.
Q: How do I get the capital and interest paid?
A: Investors may choose from any of the 1,2,3,5 and 7 year terms to maturity. Interest can be paid quarterly, half-yearly or annually.
Q: How do I get more information?
A: You can e-mail or call us on 1800 111 441 (free call).