
Act Chief Minister and Treas and Eco Dev Dir Territory Bankg Acc is a government entity based in the Northern Territory, Australia, dedicated to managing financial resources and economic development initiatives for local communities. The organization’s primary focus includes issuing bonds to fund infrastructure projects and enhance economic stability within the region.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
AUSCAP 4.50% 2034-10-23 AUDAct Chief Minister And Treas And Eco Dev Dir Territory Bankg Acc | Australia | 2034-10-23 | 4.500 | 4.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the issuer has actively participated in the bond market, with a notable issuance starting in 2005 aimed at supporting sustainable development projects. Recently, it completed a significant $200 million bond sale in early 2023, featuring a competitive yield of 3.5%, which positions it favorably against industry averages. The bonds are also known for their tax-exempt status, granting additional appeal to investors seeking long-term, secure options in the territory's growing economy.