According to the Interim Provisions on the Management of Money Market Funds and other relevant provisions, the financial instruments that can be invested by China's money market funds at present include:
(1) fund;
(2) Bank time deposits and certificates of deposit within 1 year (including1year);
(3) Bonds with a remaining maturity of less than 397 days (inclusive);
(4) Bond repurchase with a term of 1 year (inclusive);
(5) Central bank bills with a term of 1 year (inclusive);
(6) Asset-backed securities with a remaining maturity of less than 397 days (including 397 days);
Money market funds may not invest in the following financial instruments:
(1) stock;
(2) convertible bonds;
(3) Bonds with a remaining maturity of more than 397 days;
(4) Corporate bonds with a credit rating below AAA;
(5) Short-term credit rating of A- 1 or equivalent by domestic credit rating agencies and short-term financing bonds below this standard;
(6) Securities with restricted circulation.