Postal Savings Bank to return China to RMBS

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Postal Savings Bank to return China to RMBS

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Apartment blocks in Hong Kong, China, East Asia. | mstyslav-chernov.com

Postal Savings Bank of China is preparing to sell the first mortgage-backed security in the country since 2007 this month, as its domestic securitization market takes another step towards rebirth after a false start in the years before the financial crisis.

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