In all other zones they do not reward XP, TP or Gold, only Public Event Points. In all other aspects they are the same as a Daily Quest (except for the infinitely repeatable part and the rewards). Public Event Points contribute towards the completion of Regional Quest objectives, which in turn rewards a number of Energy of Justice commensurate with your amount of participation in the Regional event.
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Main Quest Page: Ceremonial Items
Ceremonial Object ×10 from Chest of Ceremonial Objects around the Shadow Altar
Old Bag (hence the common sobriquet, Bag Quests). In Redhill Mountains, each repetition of [67][Public] Freedom Fighters rewards an 
Ancient Memento.
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