Chinese banks launch securitisation schemes

pg5-lee-gif

China Construction Bank (CCB) and China Development Bank (CDB) have become the first banks in the country to launch securitisation schemes. CCB has issued 3 billion renminbi ($373 million) worth of residential mortgage-backed securities (RMBSs) and CDB 4.18 billion renminbi of asset-backed securities (ABSs) based on infrastructure loans.

Both issues were sold to participants in China's interbank market, and the notes will start trading in the interbank bond market in a few months.

CCB's RMBS i

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: