For collective trust accounts that accept funds from professional investors only, a trust enterprise shall utilize the trust assets in compliance with the following provisions: 1. Bank deposits -The credit rating of the bank must be at or above a certain level given by a credit rating agency listed in attached Table 1. 2. Short-term bills -In caseof foreign short-term bills, the short-term credit rating of the debtor (bill issuer, guarantor or acceptor) must be at or above a certain level given by a credit rating agency listed in attached Table 2. 3. Government bonds -In case of foreign government bonds, the sovereign credit rating of the issuing sovereign entity must be at or above a certain level given by a credit rating agency listed in attached Table 4. 4. Foreign financial debentures, corporate bonds issued by exchange-listed or OTC-listed companies (including convertible bonds, exchangeable bonds and bonds with warrant), securitized products (excluding re-securitized products and securitized composites) -The long-term credit rating of the issuer or guarantor and the debt rating of the debt instrument must be at or above a certain level given by a credit rating agency listed in attached Table 4. 5. RP/RS trades -Where the instrument in Subparagraph 2 hereof is the underlying, the short-term credit rating of the counterparty must be at or above a certain level given by a credit rating agency listed in attached Table 2; where the instrument in Subparagraph 3 or the preceding subparagraph hereof is the underlying, the long-term credit rating of the counterparty must be at or above a certain levelgiven by a credit rating agency listed inattached Table 4.6. Investments in assets in Subparagraph 3 or Subparagraph 4 for which the sovereign credit rating of the issuing sovereign entity or the debt rating of the debt instrument do not meet a certain level given by a credit rating agency in Table 4 or assets without rating by a credit rating agency must meet the following regulations:(1) The total investment shall not exceed 20 percent of the net asset value of a collective trust account.(2) The total investment in Rule 144A bonds shall not exceed 10 percent of the net asset value of a collective trust account. In addition, the bond must be provided with the right to conversion to sales via public offering within one year from the date of purchase.Table 1.pdfTable 2.pdfTable 3.pdfTable 4.pdf