The Homestarter Bond is a 3-year investment offering exclusive to Ayala Land. It has an interest rate of 3% per annum payable semi-annually. The minimum investment required is P50,000, which can be increased in increments of P10,000 up to a maximum of P10,000,000 (subject to terms and conditions). It provides the bondholder the option to apply the Bond to a downpayment for an Ayala Land residential property. If the option is exercised, the bondholder may be entitled to an additional discount on the net selling price of the property in the form of a Bonus Credit.

The offer period is from September 26 to October 7, 2016.

During the offer period – you can go to any BPI, China Bank or PNB branch.

For more information, you may call the following:

• BPI Capitalbpicapital@bpi.com.ph
  (02) 465-2921; (02) 845-5505; (02) 790-8925; (02) 845-5901; (02) 816-9616; (02) 816-9629; (032) 318-159
• China Bank CapitalGrace T. Chua
  (632) 885.5005
  gtchua@chinabank.phLove Tan Baking
  (632) 230.6982
  lvtbaking@chinabank.ph

  Francis M. Catibog
  (632) 230.6957
  fmmcatibog@chinabank.ph

• PNB CapitalElin G. Nicolas
  (632)5586117
  NicolasEG@pnb.com.phJulie Q. Chua
  (632)5586112 ChuaJQ@pnb.com.ph

  Kat I. Agustin
  (632)558 6114
  AgustinKLI@pnb.com.ph

After the offer period, you may inquire with a fixed income salesman. A complete list of institutions with fixed income salesmen is available here: http://www.pds.com.ph/index.html%3Fpage_id=1017.html

• Duly completed and executed Application to Purchase
• Securities Account Agreement or equivalent document
• Specimen signature card
• Client Suitability Test
• Customer Information Sheet
• Photocopy of at least one (1) photo-bearing valid ID (for BPI and China Bank) or two (2) photo-bearing IDs (for PNB)
• Above requirements can be obtained from the 3 underwriting banks

The holder of a Homestarter Bond is entitled to Bonus Credit that c an be applied towards a new residential property purchase, within 6 months to 3 years after the issue date (April 2017 to October 2019). The Bonus Credit will be applied on the first downpayment upon reservation.

You can get a Bonus Credit worth up to 10% of the principal amount invested in the Homestarter Bond, but not more than the Maximum BonusCredit limits based on the applicable Net Selling Price (NSP) of the residential property. (See sample computation below)

The Bonus Credit shall be treated as a discount from the NSP of the Ayala Land Property.

Sample Bonus Credit Computation for purchase of an Avida property (for illustration purposes only):

• 10% of the principal value is less than the maximum Bonus Credit limit applicable to NSP:
• Principal investment in Homestarter Bond: P1,000,000
• Bonus Credit based on principal (10% x principal): P100,000
• NSP (before Bonus Credit deduction): P4,842,312.50
• Maximum Bonus Credit (NSP x 4% limit for Avida): P193,692.50
• COMPUTATION OF NEW NSP AFTER BONUS CREDIT DEDUCTION:

• Principal investment in Homestarter Bond: P3,000,000
• Bonus Credit based on principal (10% x principal): P300,000
• NSP (before Bonus Credit deduction): P4,842,312.50
• Maximum Bonus Credit (NSP x 4% limit for Avida): P193,692.50
• COMPUTATION OF NEW NSP AFTER BONUS CREDIT DEDUCTION:

On the computation sheet, the Bonus Credit will appear as a discount on the NSP.

Principal and accrued interest will be applied on the first downpayment.

At maturity, the bondholder has two options:

• Option 1 – client has up to 60 days from maturity date to apply the bond to a downpayment on an Ayala Land residential property
• Option 2 – the Principal and interest will be credited to the designated bank account

For further inquiries, please call Ayala Land Corporate Sales Division at +632 9083532 or email corporatesales@ayalaland.com.ph

• Contact Ayala Land Corporate Sales group to inform them of your intent to apply the Homestarter Bond proceeds towards a purchase of an Ayala Land residential property. Allow 1-2 days lead time for validation of the Homestarter Bond account. Contact Lanie Ong at 908-3532 or 0917-8727847.
• You can choose to transact with your Ayala Land property seller if you have already contacted one OR the Corporate Sales Group can refer you to a property seller who will take you through the reservation process and computation of the Homestarter Bond proceeds and Bonus Credit. Any accredited property seller from Ayala Land Premier & Alveo, and Corporate Sales Account Officer of Avida, Amaia, and Bellavita can service your account.
• Accomplish three copies of the Homestarter Bond Early Downpayment Application Form and submit these to your property seller 7 working days before the termination date or booking date.
• Internal processing and validation will be done for the computation of your Homestarter Bond Proceeds. The Homestarter Bond Proceeds and Bonus Credit will be reflected on the official computation sheet of your property purchase.
• The proceeds of your Homestarter Bond investment (in the form of a check) will be forwarded directly to the Ayala Land Corporate Sales Group. Your servicing seller will use this towards the booking of your property purchase. This will be done within 30 days from payment of your reservation fee and submission of complete requirements.