diff --git a/cfg.mk b/cfg.mk
index 977ea87a0b2b2c4b8e015ac356b87ca8f13a411d..2eb73e69dbd2039c315a8012d7cf2953056858c5 100644
--- a/cfg.mk
+++ b/cfg.mk
@@ -84,6 +84,7 @@ useless_free_options =				\
   --name=qemuMigrationCookieFree                \
   --name=qemuMigrationCookieGraphicsFree        \
   --name=sexpr_free				\
+  --name=virBandwidthDefFree			\
   --name=virBitmapFree                          \
   --name=virCPUDefFree				\
   --name=virCapabilitiesFree			\
diff --git a/src/conf/domain_conf.c b/src/conf/domain_conf.c
index 919a75a76299afe573674e10934dafd0d7dad6e7..e11ad987a6d56020ec2e2e6488ab6b4e83b39d65 100644
--- a/src/conf/domain_conf.c
+++ b/src/conf/domain_conf.c
@@ -810,6 +810,8 @@ void virDomainNetDefFree(virDomainNetDefPtr def)
     VIR_FREE(def->filter);
     virNWFilterHashTableFree(def->filterparams);
 
+    virBandwidthDefFree(def->bandwidth);
+
     VIR_FREE(def);
 }
 
@@ -2823,6 +2825,9 @@ virDomainNetDefParseXML(virCapsPtr caps,
                        xmlStrEqual(cur->name, BAD_CAST "actual")) {
                 if (virDomainActualNetDefParseXML(cur, ctxt, &actual) < 0)
                     goto error;
+            } else if (xmlStrEqual(cur->name, BAD_CAST "bandwidth")) {
+                if (!(def->bandwidth = virBandwidthDefParseNode(cur)))
+                    goto error;
             }
         }
         cur = cur->next;
diff --git a/src/conf/domain_conf.h b/src/conf/domain_conf.h
index 551946b79b798a29192e94ed7c73ea8093a48295..212f0c5f0f78a4049c6e15154fce16a60153e144 100644
--- a/src/conf/domain_conf.h
+++ b/src/conf/domain_conf.h
@@ -425,6 +425,7 @@ struct _virDomainNetDef {
     virDomainDeviceInfo info;
     char *filter;
     virNWFilterHashTablePtr filterparams;
+    virBandwidthPtr bandwidth;
 };
 
 enum virDomainChrDeviceType {
diff --git a/src/conf/network_conf.c b/src/conf/network_conf.c
index 860eea3e42c19aea87760cbb79bc2020577764c2..01c094cba26e2eafcee3def4d49bf95138c3deda 100644
--- a/src/conf/network_conf.c
+++ b/src/conf/network_conf.c
@@ -167,6 +167,8 @@ void virNetworkDefFree(virNetworkDefPtr def)
 
     virNetworkDNSDefFree(def->dns);
 
+    virBandwidthDefFree(def->bandwidth);
+
     VIR_FREE(def);
 }
 
@@ -814,6 +816,7 @@ virNetworkDefParseXML(xmlXPathContextPtr ctxt)
     int nIps, nPortGroups, nForwardIfs;
     char *forwardDev = NULL;
     xmlNodePtr save = ctxt->node;
+    xmlNodePtr bandwidthNode = NULL;
 
     if (VIR_ALLOC(def) < 0) {
         virReportOOMError();
@@ -848,6 +851,10 @@ virNetworkDefParseXML(xmlXPathContextPtr ctxt)
     /* Parse network domain information */
     def->domain = virXPathString("string(./domain[1]/@name)", ctxt);
 
+    if ((bandwidthNode = virXPathNode("./bandwidth", ctxt)) != NULL &&
+        (def->bandwidth = virBandwidthDefParseNode(bandwidthNode)) == NULL)
+        goto error;
+
     /* Parse bridge information */
     def->bridge = virXPathString("string(./bridge[1]/@name)", ctxt);
     stp = virXPathString("string(./bridge[1]/@stp)", ctxt);
diff --git a/src/conf/network_conf.h b/src/conf/network_conf.h
index 92cc03eee0d5479a01526f2966565e19d1aeef9d..6d0845e36c8e31b5e5bef73cb91631de4874f4ba 100644
--- a/src/conf/network_conf.h
+++ b/src/conf/network_conf.h
@@ -154,6 +154,7 @@ struct _virNetworkDef {
 
     size_t nPortGroups;
     virPortGroupDefPtr portGroups;
+    virBandwidthPtr bandwidth;
 };
 
 typedef struct _virNetworkObj virNetworkObj;
diff --git a/src/libvirt_private.syms b/src/libvirt_private.syms
index a3b78ad35310384b2b80e99a906a4c0f23ed8bc8..5d7faa08776005aac114fa77417a2579bc78a7c7 100644
--- a/src/libvirt_private.syms
+++ b/src/libvirt_private.syms
@@ -710,6 +710,8 @@ nlComm;
 
 
 # network.h
+virBandwidthDefFree;
+virBandwidthDefParseNode;
 virSocketAddrBroadcast;
 virSocketAddrBroadcastByPrefix;
 virSocketAddrIsNetmask;
diff --git a/src/util/network.c b/src/util/network.c
index 64f5645a913abbf317ac305ae93b2a9ae88c3fd2..2ba6f768fba622058d53656e63d22ac87303f9f5 100644
--- a/src/util/network.c
+++ b/src/util/network.c
@@ -883,3 +883,150 @@ virVirtualPortProfileFormat(virBufferPtr buf,
 
     virBufferAsprintf(buf, "%s</virtualport>\n", indent);
 }
+
+static int
+virBandwidthParseChildDefNode(xmlNodePtr node, virRatePtr rate)
+{
+    int ret = -1;
+    char *average = NULL;
+    char *peak = NULL;
+    char *burst = NULL;
+
+    if (!node || !rate) {
+        virSocketError(VIR_ERR_INVALID_ARG, "%s",
+                       _("invalid argument supplied"));
+        return -1;
+    }
+
+    average = virXMLPropString(node, "average");
+    peak = virXMLPropString(node, "peak");
+    burst = virXMLPropString(node, "burst");
+
+    if (average) {
+        if (virStrToLong_ull(average, NULL, 10, &rate->average) < 0) {
+            virSocketError(VIR_ERR_CONFIG_UNSUPPORTED,
+                           _("could not convert %s"),
+                           average);
+            goto cleanup;
+        }
+    } else {
+        virSocketError(VIR_ERR_XML_DETAIL, "%s",
+                       _("Missing mandatory average attribute"));
+        goto cleanup;
+    }
+
+    if (peak && virStrToLong_ull(peak, NULL, 10, &rate->peak) < 0) {
+        virSocketError(VIR_ERR_CONFIG_UNSUPPORTED,
+                       _("could not convert %s"),
+                       peak);
+        goto cleanup;
+    }
+
+    if (burst && virStrToLong_ull(burst, NULL, 10, &rate->burst) < 0) {
+        virSocketError(VIR_ERR_CONFIG_UNSUPPORTED,
+                       _("could not convert %s"),
+                       burst);
+        goto cleanup;
+    }
+
+    ret = 0;
+
+cleanup:
+    VIR_FREE(average);
+    VIR_FREE(peak);
+    VIR_FREE(burst);
+
+    return ret;
+}
+
+/**
+ * virBandwidthDefParseNode:
+ * @node: XML node
+ *
+ * Parse bandwidth XML and return pointer to structure
+ *
+ * Returns !NULL on success, NULL on error.
+ */
+virBandwidthPtr
+virBandwidthDefParseNode(xmlNodePtr node)
+{
+    virBandwidthPtr def = NULL;
+    xmlNodePtr cur = node->children;
+    xmlNodePtr in = NULL, out = NULL;
+
+    if (VIR_ALLOC(def) < 0) {
+        virReportOOMError();
+        return NULL;
+    }
+
+    if (!node || !xmlStrEqual(node->name, BAD_CAST "bandwidth")) {
+        virSocketError(VIR_ERR_INVALID_ARG, "%s",
+                       _("invalid argument supplied"));
+        goto error;
+    }
+
+    while (cur) {
+        if (cur->type == XML_ELEMENT_NODE) {
+            if (xmlStrEqual(cur->name, BAD_CAST "inbound")) {
+                if (in) {
+                    virSocketError(VIR_ERR_XML_DETAIL, "%s",
+                                   _("Only one child <inbound> "
+                                     "element allowed"));
+                    goto error;
+                }
+                in = cur;
+            } else if (xmlStrEqual(cur->name, BAD_CAST "outbound")) {
+                if (out) {
+                    virSocketError(VIR_ERR_XML_DETAIL, "%s",
+                                   _("Only one child <outbound> "
+                                     "element allowed"));
+                    goto error;
+                }
+                out = cur;
+            }
+            /* Silently ignore unknown elements */
+        }
+        cur = cur->next;
+    }
+
+    if (in) {
+        if (VIR_ALLOC(def->in) < 0) {
+            virReportOOMError();
+            goto error;
+        }
+
+        if (virBandwidthParseChildDefNode(in, def->in) < 0) {
+            /* helper reported error for us */
+            goto error;
+        }
+    }
+
+    if (out) {
+        if (VIR_ALLOC(def->out) < 0) {
+            virReportOOMError();
+            goto error;
+        }
+
+        if (virBandwidthParseChildDefNode(out, def->out) < 0) {
+            /* helper reported error for us */
+            goto error;
+        }
+    }
+
+    return def;
+
+error:
+    virBandwidthDefFree(def);
+    return NULL;
+}
+
+void
+virBandwidthDefFree(virBandwidthPtr def)
+{
+    if (!def)
+        return;
+
+    VIR_FREE(def->in);
+    VIR_FREE(def->out);
+    VIR_FREE(def);
+}
diff --git a/src/util/network.h b/src/util/network.h
index 3c090d83991301429a926243162782c3fad9cdf7..4d35388c617affcc3d8b844141487bc602a44332 100644
--- a/src/util/network.h
+++ b/src/util/network.h
@@ -150,4 +150,6 @@ virVirtualPortProfileFormat(virBufferPtr buf,
                             virVirtualPortProfileParamsPtr virtPort,
                             const char *indent);
 
+virBandwidthPtr virBandwidthDefParseNode(xmlNodePtr node);
+void virBandwidthDefFree(virBandwidthPtr def);
 #endif /* __VIR_NETWORK_H__ */