I. The procedures of making a reservation for the subscription
(i) Subscription period: Starts from five business days prior to the tender date of each government bond, until 3:30 p.m. of one business day prior to the tender date.
(ii) The amount of subscription: The unit of book-entry government bonds available for purchase shall be in a multiple of NT$ 100,000; the amount that each subscriber is allowed to purchase for each term shall be implemented in accordance with the subscribing limits announced by the Ministry of Finance, including the sale handled by the Taiwan Stock Exchange Corporation (hereinafter the "TWSE"); the amount of upper limit is currently up to NT$1,500,000. The extra sale handled by the TWSE will be canceled if the accumulated total amount of registered subscription is more than the upper limit.
(iii) The method of subscription: Subscriber shall carry his ID card and make a reservation for subscribing the book-entry government bonds at the post offices, which are assigned for selling government bonds, and pay the performance bond; NT$ 500 performance bond is required for NT$ 100,000 government bonds, NT$ 1,000 performance bond is required for NT$ 200,000 government bonds, and so on. The subscription price will be offset at the time of settlement.

II. The procedures of cancelling the reservation of subscription
(i) Application period: Starts from the registration date of a completed reservation, until 3:30 p.m. of one business day prior to the tender date of government bond.
(ii) How to cancel the reservation: Subscriber shall carry his ID card and submit the "Application Form of the Reservation or Cancellation for Subscribing Government Bonds" as well as the receipt for "Contract Performed and Refund the Performance Bond" to the original post office. From the tender date of government bonds, the contract may not be terminated and the performance bond may not be refunded either.
(iii) How to refund the performance bond: The unit for cancelling the reservation of government bonds shall be in a multiple of NT$ 100,000; the originally deducted performance bond will be refunded based on the ratio of cancellation if cancelling part of the subscribed amount.
III. The procedures of purchasing the book-entry government bonds and paying
     the subscription price .
(i) Settlement price: The selling prices shall be based on the announcement by the Ministry of Finance.
(ii) Settlement period: The settlement shall be implemented within seven days from the issue date; the settlement period shall be from 9 a.m. to 3:30 p.m. from Monday to Friday, the services will be stopped on the weekend or holidays; the settlement shall be implemented after 10 a.m. on the first day due to the government bonds transfer work of the Central Bank. The last day of settlement will be postponed one day if it is the weekend or a holiday.
(iii) Settlement procedures: During the settlement period, the subscriber shall carry his ID card, the receipt for Contract Performed and Refund the Performance Bond, and the passbook of book-entry central government bonds to the original post office for handling the settlement.
(iv) If the subscriber pays the subscription price for settlement after issuing, the subscriber shall pay the overdue interest; the interest receivable will be accumulated on a daily basis.
(v) During the settlement period, if the subscriber fails to pay the subscription price for settlement, the reservation of government bonds will be canceled and the performance bond will be confiscated as well.
(vi) The settlement of government bonds is only one time; if a partial settlement, the amount of performance bond of government bonds which was failed for settlement will not be refunded.