国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China has allowed corporations to invest their pension funds in the inter-bank bond market, according to a circular issued by the central bank and the Ministry of Labor and Social Securities on Wednesday.

Related readings:  Brokers may be allowed to use pooled funds to trade overseas  Economic planner sets corporate bond quota  Banks bail out city's pension fund borrowers

The move will help better preserve and increase the value of the pension funds, which have accumulated to a total of nearly 100 billion yuan (12.5 billion U.S. dollars), according to the circular.

With the new policy, the funds can be used to buy bonds not only on the securities bourse but also on the inter-bank market.

Previously, the country's corporate pension funds could invest in fixed-time deposits, treasury bonds and other bonds with no higher than 50 percent of their net assets.

The move will also diversify investors in the inter-bank bond market and boost its development, said the circular.

Latest figures from the central bank show bonds in Renminbi issued in January soared 237.8 percent year on year, including 772.2 billion yuan worth of bonds issued in the inter-bank market.

China has seen the inter-bank bond market growing rapidly in the past decade and draw nearly 6,500 institutional investors.

Last year, 5.68 trillion yuan worth of bonds were issued in the inter-bank bond market, 35 percent up from 2005.

Sources with the central bank said more investors,including housing reserves, will be introduced into the market in future.

(For more biz stories, please visit Industry Updates)