Territory Bonds are issued by the Northern Territory Treasury Corporation (NTTCORP) - the central financial authority for the Northern Territory Government. The Corporation was founded in 1994 to manage the borrowing and investment activities conducted by the Northern Territory Government.
Product Details
- Company
-
- Nominal Rate
- 4.2%
- Effective Rate
- 4.2%
- Payment Frequency
- Annually
- Maturity Alert
-
- Partial Withdrawal Penalty
- Yes
- Compounding Interest
- No
Product Features
Automatic rollover n
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal y
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution y
Whether the interest dividend can be paid into an account held with another financial instituion
RateCity