Bond Transactions

  1. Processing, Approval and Release of Land Transfer Claims' Proceeds: Preparation, approval and releasing of proceeds of Land Transfer Claims (LTC) in Cash and AR Bond in favour of landowners or their heirs, whose lands were covered under the Comprehensive Agrarian Reform Program (CARP).

    Documentary Requirements:
    • For Individuals
      • Documentary Requirements
      • Photocopy of two (2) government issued IDs
      • Customer Information Sheet (CIS)
    • For Corporations/Partnerships
      • AR Bond Certificate
      • Board Resolution or a duly notarized Corporate/Partnership Secretary's Certificate of such Resolution, certified by the Corporate/Partnership Secretary and duly attested by the President, authorizing the bond transaction (e.g. to receive bond/check proceed of land transfer, bond transfer/assignment/convertion/replacement, redemption and interest claims and/or bond selling/trading) and naming the corporate/partnership officials authorized to make such bond transaction in behalf of the corporation/partnership 
      • Photocopy of the Articles of Incorporation/Partnership and By-laws, duly authenticated by the Securities and Exchange Commission (SEC)
      • Photocopy of the Certificate of Registration, duly authenticated by the SEC
      • Latest General Information Sheet received/authenticated by the SEC
      • Specimen Signature of the President, Corporate/Partnership Secretary and the corporate/partnership officials authorized to make the bond transaction in behalf of the corporation/partnership supported by photocopy of at least two (2) of their valid identification documents, duly authenticated by a LANDBANK Officer
      • CIS for Institutions signed by the President or Corporate Secretary
      • Duly accomplished Application for Bond Transaction (ABST)-Form II
      • Documentary Stamp Tax (if applicable)
         
  2. Bond Interest and Maturities Payment: Preparation, approval and releasing of bond interest and maturities to Landowner/Bondholder
    1. For Agrarian Reform (AR) 10 Year Bond, based on outstanding principal balance at interest rates aligned with the 91-day Treasury Bill rates, payable every six months from date of issue until the tenth year
    2. Annual payment of 10% of the face value (matured portion) of AR Bond, every anniversary date  
    3. Full redemption/payment of the face value of LANDBANK 25-Year Bond on its maturity date, including payment of accrued interest computed at 6% per annum, tax free 

Documentary Requirements

  • For Individuals
    • AR Bond Certificate
    • Specimen Signature Card (SSC)
    • Photocopy of two (2) government issued IDs
    • Customer Information Sheet (CIS)
    • Duly accomplished Application for Bond Transaction (ABST)-Form I
  • For Corporations/Partnerships
    • AR Bond Certificate
    • Board Resolution or a duly notarized Corporate/Partnership Secretary's Certificate of such Resolution, certified by the Corporate/Partnership Secretary and duly attested by the President, authorizing the bond transaction (e.g. to receive bond/check proceed of land transfer, bond transfer/assignment/convertion/replacement, redemption and interest claims and/or bond selling/trading) and naming the corporate/partnership officials authorized to make such bond transaction in behalf of the corporation/partnership 
    • Photocopy of the Articles of Incorporation/Partnership and By-laws duly authenticated by the Securities and Exchange Commission (SEC)
    • Photocopy of the Certificate of Registration, duly authenticated by the SEC
    • Latest General Information Sheet received/authenticated by the SEC
    • Specimen Signature of the President, Corporate/Partnership Secretary and the corporate/partnership officials authorized to make the bond transaction in behalf of the corporation/partnership supported by photocopy of at least  two (2) of their valid identification documents, duly authenticated by a LANDBANK Officer 
    • CIS for Institutions signed by the President or Corporate Secretary 
  1. Bond Transfer, conversion, exchange and replacement: Preparation, approval and releasing of new replacement bonds upon request of the Landowner/Bondholder for the following:
    1. Assignment - transfer from inscribed or bearer bond to a named assignee/s
    2. Conversion - changing of an inscribed bond to a bearer bond and vice-versa
    3. Exchange - act of issuing one bond by consolidating two or more bonds and vice-versa 
    4. Replacement - issuance of a new AR Bond in lieu of lost bonds
Documentary Requirements
  • For Individuals
    • AR Bond Certificate
    • Specimen Signature Card (SSC)
    • Photocopy of two (2) government issued IDs
    • Customer Information Sheet (CIS)
    • Duly accomplished Application for Bond Transaction (ABST)-Form II
    • Documentary Stamp Tax (if applicable)
    • Transfee Fee - P 150.00 per bond certificate
  • For Corporations/Partnerships
  • AR Bond Certificate
  • Board Resolution or a duly notarized Corporate/Partnership Secretary's Certificate of such Resolution, certified by the Corporate/Partnership Secretary and duly attested by the President, authorizing the bond transaction (e.g. to receive bond/check proceed of land transfer, bond transfer/assignment/convertion/replacement, redemption and interest claims and/or bond selling/trading) and naming the corporate/partnership officials authorized to make such bond transaction in behalf of the corporation/partnership 
  • Photocopy of the Articles of Incorporation/Partnership and By-laws duly authenticated by the Securities and Exchange Commission (SEC)
  • Photocopy of the Certificate of Registration, duly authenticated by the SEC
  • Latest General Information Sheet received/authenticated by the SEC
  • Specimen Signature of the President, Corporate/Partnership Secretary and the corporate/partnership officials authorized to make the bond transaction in behalf of the corporation/partnership supported by photocopy of at least two (2) of their valid identification documents, duly authenticated by a LANDBANK Officer 
  • CIS for Institutions signed by the President or Corporate Secretary
  • Duly accomplished Application for Bond Transaction (ABST)-Form II
  • Documentary Stamp Tax (if applicable)
  • Transfee Fee - P 150.00 per bond certificate
  1. Certificate of Issuance of AR Bond: Certification issued by the Bond Servicing Department (BSD) that the AR Bond is still outstanding and is not among those included in the list of bonds with Adverse Claims

Documentary Requirements/Fees:

  • For Individuals
  • AR Bond Certificate
  • Certificate Fee of P 100.00 per bond certificate
  • For Corporation/Partnerships
  • Certificate Fee of P 100.00 per bond certificate
  • Letter request from authorized representative/signatory/ies of the corporation/partnership

Contact Units
Bond Servicing Department
522-0000 locals 7369, 2519, 7703
Agrarian Operations Centers (AOCs) from Region 1 to 12
LANDBANK Branches Nationwide
Customer Care Center
          a. NCR - 405-7000
          b. Domestic Toll-Free Hotline – 1-800-10-405-7000