China Insurance Regulatory Commission, Circular on Matters Relevant to the Investment in Unsecured Enterprise Bonds by Insurance Institutions

中国保险监督管理委员会关于保险机构投资无担保企业债券有关事宜的通知

April 16, 2010 | BY

clpstaff &clp articles

Investment of insurance proceeds in unsecured bonds restricted.

Clp Reference: 3910/09.12.29 Promulgated: 2009-12-29

Issued: December 29 2009

Main contents: Insurance institutions may invest in unsecured enterprise bonds issued on the domestic interbank market, provided that the same satisfy the conditions in the Measures and relevant provisions and have a long-term AAA or equivalent rating as rated by a domestic credit rating agency (Article 1).

Related legislation: Tentative Measures for the Administration of Investments in Bonds by Insurance Institutional Investors, Aug 17 2005, CLP 2005 No.9 p.36

clp reference:3910/09.12.29
promulgated:2009-12-29

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