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    <title>Admissible Sovereign Credit Rating</title>
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    <description>Investments by an International Financial Service Centre Insurance Office in central-government bonds or debt instruments are limited to countries holding an investment-grade sovereign credit rating from a recognised international rating agency, unless otherwise specified. Debt instruments issued by sub-national governments, public-sector entities, municipalities, or other non-central-government entities do not qualify as sovereign bonds. Investments in countries subsequently identified as high-risk jurisdictions subject to a call for action must be relocated to eligible countries within the specified period and reported to the Authority.</description>
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      <description>Investments by an International Financial Service Centre Insurance Office in central-government bonds or debt instruments are limited to countries holding an investment-grade sovereign credit rating from a recognised international rating agency, unless otherwise specified. Debt instruments issued by sub-national governments, public-sector entities, municipalities, or other non-central-government entities do not qualify as sovereign bonds. Investments in countries subsequently identified as high-risk jurisdictions subject to a call for action must be relocated to eligible countries within the specified period and reported to the Authority.</description>
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