A government bond is an amount of money lent to the government by an investor. It's also called a security.
An investor gets a fixed rate of interest over a set period of time.
Territory Bonds are a type of bond issued by the Northern Territory Treasury Corporation (NTTC) and guaranteed by the Northern Territory Government.
Money raised from Territory Bonds funds infrastructure and services for the Northern Territory.
You can invest in Territory Bonds if you're:
- an individual
- a group of up to four people
- a company or incorporated body
- an unincorporated association or partnership
- a friendly societies, trade unions or any other association incorporated under the laws of any state, territory or the Commonwealth.
You must use your own name without referencing the trusteeship if you're:
- an executor
- an administrator
- a trustee
- a manager of unincorporated superannuation funds.
Only the registered holder of the bonds is recognised as the legal owner.
You can invest a minimum of $5,000 in Territory Bonds.
You can invest above this amount in multiples of $100.
There are different investment terms ranging from one to five years.
You must get prior approval from NTTC for applications of $100,000 or more.
Territory Bonds Issue 110 is now closed.
Territory Bonds Issue 111 will open from 1 July to 31 November 2021.
Interest rates will be published when the issue opens.
|Maturity date||Interest paid quarterly||Interest paid half-yearly||Interest paid yearly|
|15 June 2022||0.45%||0.50%||0.60%|
|15 June 2023||0.55%||0.60%||0.70%|
|15 June 2024||0.65%||0.70%||0.80%|
|15 June 2025||0.95%||1.00%||1.10%|
|15 June 2026||1.15%||1.20%||1.30%|
Applications open after 1 July.
If your application and payment has been accepted, a Territory Bonds Certificate of Inscription will be sent to you by mail.
You can redeem your bonds through:
- an Australian stockbroker
- Link Market Services.
For more information, go to the Link Market Services website.
To sell or transfer your bonds, follow these steps:
Step 1. Fill in the relevant form:
- if you want to sell your bonds, fill in the Territory Bonds: sale form
- if you want to transfer your bonds, fill in the Territory Bonds: transfer form .
Step 2. Attach any supporting documents.
Step 3. Submit your form and any supporting documents by mail to:
Locked Bag A14
Sydney South NSW 1235
For more information about Territory Bonds, contact NTTC by:
Last updated: 31 May 2021
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