Territory Bonds
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.
Who can invest
You can invest in Territory Bonds if you're:
- an individual
- a group of up to 4 people
- a company or incorporated body
- an unincorporated association or partnership
- a friendly society, trade union 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.
How much you can invest
You can invest a minimum of $5,000 in Territory Bonds.
You can invest above this amount in multiples of $500.
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.
Interest rates
Territory Bonds issue 113 is open from 1 July 2022 to 30 November 2022.
The interest rates in the table below are effective from Monday 3 October 2022.
| Interest paid | |||
|---|---|---|---|
| Maturity date | Quarterly | Half-yearly | Yearly |
| 15 December 2023 | 2.95% | 3.00% | 3.10% |
| 15 December 2024 | 3.15% | 3.20% | 3.30% |
| 15 December 2025 | 3.45% | 3.50% | 3.60% |
| 15 December 2026 | 3.75% | 3.80% | 3.90% |
| 15 December 2027 | 3.95% | 4.00% | 4.10% |
Interest rates are reviewed regularly and are subject to change.
The interest rate applicable on lodgement date remains fixed until maturity.
Interest rates for postal applications sent directly to NTTC or Link Market Services will be accepted as at postmark date.
For current rates and further information, contact Territory Bonds by calling 1800 111 441.
How to apply
Territory Bonds issue 113 is now open until 30 November 2022.
To invest in Territory Bonds, follow these steps.
Step 1. Fill in the Territory Bonds prospectus and application PDF (5.6 MB).
Step 2. Attach any supporting documents.
Step 3. Post your completed application with a personal or bank cheque made payable to the Northern Territory Treasury Corporation and crossed ‘not negotiable’ to:
The Registrar
Link Market Services Limited
Locked Bag A14
Sydney NSW 1235
After you apply
If your application and payment has been accepted, a Territory Bonds Certificate of Inscription will be sent to you by mail.
How to redeem your bonds
You can redeem your bonds through:
- an Australian stockbroker
- Link Market Services.
For more information, go to the Link Market Services website.
How to sell or transfer your bonds
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 PDF (269.1 KB)
- if you want to transfer your bonds, fill in the Territory Bonds: transfer form PDF (158.4 KB)
Step 2. Attach any supporting documents.
Step 3. Submit your form and any supporting documents by mail to:
Territory Bonds
Locked Bag A14
Sydney South NSW 1235
Change your details
To change your details, follow these steps:
Step 1. Fill in the Territory Bonds: change of details form PDF (674.9 KB).
Step 2. Attach any supporting documents.
Step 3. Submit your form and any supporting documents by mail to:
Territory Bonds
PO Box 3722
Rhodes NSW 2138
Contact
For more information about Territory Bonds, contact the NTTC by:
- emailing territory.bonds@nt.gov.au
- calling 08 8999 7745.
You can also free call Link Market Services on 1800 111 441.
Last updated: 15 August 2022
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