• Ayala Corporation (Ayala)
• SM Investments Corporation (SMIC)

• Open a US dollar savings account for crediting of coupon payments, and redemption value (if applicable).
• Accomplish the following forms:
  • Application to Purchase Bond
  • Risk Disclosure Statement
  • Investor’s Undertaking (3 sets)
  • Special Power of Attorney (SPA) (3 sets)
  • Board Resolution to the SPA, for institutions (2 copies)
  • Letter to Deutsche (2 copies)
• Pay through telegraphic transfer (local or abroad) or debit from a FCDU Account (cleared funds). US$ notes & US$ draft will not be accepted.
• Deadline for all transactions (sale and purchase) is 12:00 noon (Manila time).

Note: Purchase of bond is not allowed 2 days before coupon payment date or redemption date.

• Confirmation of Sale
• Official Receipt (for cash or check payment) or Debit Memo
• Quarterly Statement from the Third Party Custodian (Deutsche)

• Branch
• Treasury Business Center*
• China Bank Online**

*The cutoff for all transactions is 12 noon (sale and purchase)
**Account inquiry and request to purchase bonds functions only

• Allowed anytime except on 2 days before the maturity date, subject to the prevailing market buying rate
• Bid prices are applicable only to bonds bought from China Bank
• Requirements:
  • Fill out and submit the Client’s Instruction Sheet
  • Surrender your Confirmation of Sale