diff --git a/src/libvirt_xenconfig.syms b/src/libvirt_xenconfig.syms
index 6541685fe5..b69f2ab493 100644
--- a/src/libvirt_xenconfig.syms
+++ b/src/libvirt_xenconfig.syms
@@ -15,6 +15,7 @@ xenParseSxpr;
 xenParseSxprChar;
 xenParseSxprSound;
 xenParseSxprString;
+xenParseSxprVifRate;
 
 # xenconfig/xen_xm.h
 xenFormatXM;
diff --git a/src/xenconfig/xen_sxpr.c b/src/xenconfig/xen_sxpr.c
index d7b700d647..a7a622f789 100644
--- a/src/xenconfig/xen_sxpr.c
+++ b/src/xenconfig/xen_sxpr.c
@@ -26,6 +26,8 @@
 
 #include <config.h>
 
+#include <regex.h>
+
 #include "internal.h"
 #include "virerror.h"
 #include "virconf.h"
@@ -315,6 +317,56 @@ xenParseSxprChar(const char *value,
 }
 
 
+static const char *vif_bytes_per_sec_re = "^[0-9]+[GMK]?[Bb]/s$";
+
+int
+xenParseSxprVifRate(const char *rate, unsigned long long *kbytes_per_sec)
+{
+    char *trate = NULL;
+    char *p;
+    regex_t rec;
+    char *suffix;
+    unsigned long long tmp;
+    int ret = -1;
+
+    if (VIR_STRDUP(trate, rate) < 0)
+        return -1;
+
+    p = strchr(trate, '@');
+    if (p != NULL)
+        *p = 0;
+
+    regcomp(&rec, vif_bytes_per_sec_re, REG_EXTENDED|REG_NOSUB);
+    if (regexec(&rec, trate, 0, NULL, 0)) {
+        virReportError(VIR_ERR_INTERNAL_ERROR,
+                       _("Invalid rate '%s' specified"), rate);
+        goto cleanup;
+    }
+
+    if (virStrToLong_ull(rate, &suffix, 10, &tmp)) {
+        virReportError(VIR_ERR_INTERNAL_ERROR,
+                       _("Failed to parse rate '%s'"), rate);
+        goto cleanup;
+    }
+
+    if (*suffix == 'G')
+       tmp *= 1024 * 1024;
+    else if (*suffix == 'M')
+       tmp *= 1024;
+
+    if (*suffix == 'b' || *(suffix + 1) == 'b')
+       tmp /= 8;
+
+    *kbytes_per_sec = tmp;
+    ret = 0;
+
+ cleanup:
+    regfree(&rec);
+    VIR_FREE(trate);
+    return ret;
+}
+
+
 /**
  * xenParseSxprDisks:
  * @def: the domain config
@@ -594,6 +646,25 @@ xenParseSxprNets(virDomainDefPtr def,
                 VIR_STRDUP(net->model, "netfront") < 0)
                 goto cleanup;
 
+            tmp = sexpr_node(node, "device/vif/rate");
+            if (tmp) {
+                virNetDevBandwidthPtr bandwidth;
+                unsigned long long kbytes_per_sec;
+
+                if (xenParseSxprVifRate(tmp, &kbytes_per_sec) < 0)
+                    goto cleanup;
+
+                if (VIR_ALLOC(bandwidth) < 0)
+                    goto cleanup;
+                if (VIR_ALLOC(bandwidth->out) < 0) {
+                    VIR_FREE(bandwidth);
+                    goto cleanup;
+                }
+
+                bandwidth->out->average = kbytes_per_sec;
+                net->bandwidth = bandwidth;
+            }
+
             if (VIR_APPEND_ELEMENT(def->nets, def->nnets, net) < 0)
                 goto cleanup;
 
@@ -1783,6 +1854,9 @@ xenFormatSxprNet(virConnectPtr conn,
 
     virBufferAsprintf(buf, "(mac '%s')", virMacAddrFormat(&def->mac, macaddr));
 
+    if (def->bandwidth && def->bandwidth->out && def->bandwidth->out->average)
+        virBufferAsprintf(buf, "(rate '%lluKB/s')", def->bandwidth->out->average);
+
     switch (def->type) {
     case VIR_DOMAIN_NET_TYPE_BRIDGE:
         virBufferEscapeSexpr(buf, "(bridge '%s')", def->data.bridge.brname);
diff --git a/src/xenconfig/xen_sxpr.h b/src/xenconfig/xen_sxpr.h
index e925208b5d..cb8c89ef9a 100644
--- a/src/xenconfig/xen_sxpr.h
+++ b/src/xenconfig/xen_sxpr.h
@@ -53,6 +53,8 @@ int xenParseSxprSound(virDomainDefPtr def, const char *str);
 
 virDomainChrDefPtr xenParseSxprChar(const char *value, const char *tty);
 
+int xenParseSxprVifRate(const char *rate, unsigned long long *kbytes_per_sec);
+
 int xenFormatSxprDisk(virDomainDiskDefPtr def, virBufferPtr buf, int hvm,
                       int isAttach);
 
diff --git a/tests/sexpr2xmldata/sexpr2xml-vif-rate.sexpr b/tests/sexpr2xmldata/sexpr2xml-vif-rate.sexpr
new file mode 100644
index 0000000000..c3ed8e8b9d
--- /dev/null
+++ b/tests/sexpr2xmldata/sexpr2xml-vif-rate.sexpr
@@ -0,0 +1,11 @@
+(domain (domid 3)(name 'fvtest')(memory 400)(maxmem 400)(vcpus 1)\
+(uuid 'b5d70dd275cdaca517769660b059d8bc')(on_poweroff 'destroy')\
+(on_reboot 'restart')(on_crash 'restart')\
+(image (hvm (kernel '/usr/lib/xen/boot/hvmloader')\
+(device_model '/usr/lib64/xen/bin/qemu-dm')(boot c)\
+(acpi 1)(vnc 1)(keymap ja)))(device (vbd (dev 'ioemu:hda')\
+(uname 'file:/root/foo.img')(mode 'w')))\
+(device (vbd (dev 'hdc:cdrom')\
+(uname 'file:/root/boot.iso')(mode 'r')))\
+(device (vif (mac '00:16:3e:1b:b1:47')(bridge 'xenbr0')\
+(script 'vif-bridge')(type 'netfront')(rate '10240KB/s'))))
diff --git a/tests/sexpr2xmldata/sexpr2xml-vif-rate.xml b/tests/sexpr2xmldata/sexpr2xml-vif-rate.xml
new file mode 100644
index 0000000000..0531817d25
--- /dev/null
+++ b/tests/sexpr2xmldata/sexpr2xml-vif-rate.xml
@@ -0,0 +1,51 @@
+<domain type='xen' id='3'>
+  <name>fvtest</name>
+  <uuid>b5d70dd2-75cd-aca5-1776-9660b059d8bc</uuid>
+  <memory unit='KiB'>409600</memory>
+  <currentMemory unit='KiB'>409600</currentMemory>
+  <vcpu placement='static'>1</vcpu>
+  <os>
+    <type>hvm</type>
+    <loader type='rom'>/usr/lib/xen/boot/hvmloader</loader>
+    <boot dev='hd'/>
+  </os>
+  <features>
+    <acpi/>
+  </features>
+  <clock offset='variable' adjustment='0' basis='utc'/>
+  <on_poweroff>destroy</on_poweroff>
+  <on_reboot>restart</on_reboot>
+  <on_crash>restart</on_crash>
+  <devices>
+    <emulator>/usr/lib64/xen/bin/qemu-dm</emulator>
+    <disk type='file' device='disk'>
+      <driver name='file'/>
+      <source file='/root/foo.img'/>
+      <backingStore/>
+      <target dev='hda' bus='ide'/>
+      <address type='drive' controller='0' bus='0' target='0' unit='0'/>
+    </disk>
+    <disk type='file' device='cdrom'>
+      <driver name='file'/>
+      <source file='/root/boot.iso'/>
+      <backingStore/>
+      <target dev='hdc' bus='ide'/>
+      <readonly/>
+      <address type='drive' controller='0' bus='1' target='0' unit='0'/>
+    </disk>
+    <interface type='bridge'>
+      <mac address='00:16:3e:1b:b1:47'/>
+      <source bridge='xenbr0'/>
+      <bandwidth>
+        <outbound average='10240'/>
+      </bandwidth>
+      <script path='vif-bridge'/>
+      <target dev='vif3.0'/>
+      <model type='netfront'/>
+    </interface>
+    <input type='mouse' bus='ps2'/>
+    <input type='keyboard' bus='ps2'/>
+    <graphics type='vnc' port='-1' autoport='yes' keymap='ja'/>
+    <memballoon model='xen'/>
+  </devices>
+</domain>
diff --git a/tests/sexpr2xmltest.c b/tests/sexpr2xmltest.c
index 26fadaa882..de537ed20a 100644
--- a/tests/sexpr2xmltest.c
+++ b/tests/sexpr2xmltest.c
@@ -188,6 +188,8 @@ mymain(void)
 
     DO_TEST("boot-grub", "boot-grub");
 
+    DO_TEST("vif-rate", "vif-rate");
+
     virObjectUnref(caps);
     virObjectUnref(xmlopt);
 
diff --git a/tests/xml2sexprdata/xml2sexpr-fv-net-rate.sexpr b/tests/xml2sexprdata/xml2sexpr-fv-net-rate.sexpr
new file mode 100644
index 0000000000..03afedd56e
--- /dev/null
+++ b/tests/xml2sexprdata/xml2sexpr-fv-net-rate.sexpr
@@ -0,0 +1,10 @@
+(vm (name 'fvtest')(memory 400)(maxmem 400)(vcpus 1)\
+(uuid 'b5d70dd2-75cd-aca5-1776-9660b059d8bc')(on_poweroff 'destroy')\
+(on_reboot 'restart')(on_crash 'restart')\
+(image (hvm (kernel '/usr/lib/xen/boot/hvmloader')(vcpus 1)(boot c)(acpi 1)\
+(usb 1)(parallel none)(serial none)(device_model '/usr/lib64/xen/bin/qemu-dm')\
+(vnc 1)(vncunused 0)(vncdisplay 17)(keymap 'ja')(rtc_timeoffset 0)(localtime 0)))\
+(localtime 0)\
+(device (vbd (dev 'hda:disk')(uname 'file:/root/foo.img')\
+(mode 'w')))(device (vif (mac '00:16:3e:1b:b1:47')(rate '10240KB/s')\
+(bridge 'xenbr0')(script 'vif-bridge')(type netfront))))
diff --git a/tests/xml2sexprdata/xml2sexpr-fv-net-rate.xml b/tests/xml2sexprdata/xml2sexpr-fv-net-rate.xml
new file mode 100644
index 0000000000..caea525e58
--- /dev/null
+++ b/tests/xml2sexprdata/xml2sexpr-fv-net-rate.xml
@@ -0,0 +1,34 @@
+<domain type='xen'>
+  <name>fvtest</name>
+  <uuid>b5d70dd275cdaca517769660b059d8bc</uuid>
+  <os>
+    <type>hvm</type>
+    <loader>/usr/lib/xen/boot/hvmloader</loader>
+    <boot dev='hd'/>
+  </os>
+  <memory unit='KiB'>409600</memory>
+  <vcpu>1</vcpu>
+  <on_poweroff>destroy</on_poweroff>
+  <on_reboot>restart</on_reboot>
+  <on_crash>restart</on_crash>
+  <features>
+    <acpi/>
+  </features>
+  <devices>
+    <emulator>/usr/lib64/xen/bin/qemu-dm</emulator>
+    <interface type='bridge'>
+      <source bridge='xenbr0'/>
+      <bandwidth>
+        <outbound average='10240'/>
+      </bandwidth>
+      <mac address='00:16:3e:1b:b1:47'/>
+      <script path='vif-bridge'/>
+      <model type='netfront'/>
+    </interface>
+    <disk type='file'>
+      <source file='/root/foo.img'/>
+      <target dev='ioemu:hda'/>
+    </disk>
+    <graphics type='vnc' port='5917' keymap='ja'/>
+  </devices>
+</domain>
diff --git a/tests/xml2sexprtest.c b/tests/xml2sexprtest.c
index b1b0cde341..66503b7a28 100644
--- a/tests/xml2sexprtest.c
+++ b/tests/xml2sexprtest.c
@@ -156,6 +156,7 @@ mymain(void)
     DO_TEST("fv-sound", "fv-sound", "fvtest");
 
     DO_TEST("fv-net-netfront", "fv-net-netfront", "fvtest");
+    DO_TEST("fv-net-rate", "fv-net-rate", "fvtest");
 
     DO_TEST("boot-grub", "boot-grub", "fvtest");
     DO_TEST("escape", "escape", "fvtest");