(b)a Member State may provide that a UCITS may invest no more than 10 % of its assets in debt instruments which, for purposes of this Directive, shall be treated, because of their characteristics, as equivalent to transferable securities and which are, inter alia, transferable, liquid and have a value which can be accurately determined at any time or at least with the frequency stipulated in Article 34;
lahko država članica predvidi, da KNPVP ne more naložiti več kot 10 % svojih sredstev v dolžniške instrumente, ki se za namene te direktive obravnavajo kot enakovredni prenosljivim vrednostnim papirjem in ki so, med drugim, prenosljivi, likvidni in imajo vrednost, ki se lahko kadarkoli ali vsaj s pogostostjo, določeno v členu 34, natančno določi;