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Awarded contract

Provision of Territory Bonds Registry Services to Northern Territory Treasury Corporation

About

Department of Treasury and Finance awarded a contract to Link Market Services Limited for the provision of Territory Bonds registry services for a period of 60 months.

The contract includes accepting and processing investor applications, transitioning from a manual cheque-based process to an online portal with electronic payments, setting up inscribed stock issues, maintaining the register, processing bond buy backs, monthly reporting, issuing notices, bank account reconciliations, and lodging ATO activity statements.

Insight

This contract reflects a move toward digital transformation in government bond registry services, with Link Market Services being a key provider in this space.

Value
$690,887.70
State
NT
Category
Finance & Insurance

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