CCB kicks off 2021 RMBS issuance with small deal

China Construction Bank has wrapped up its first onshore RMBS outing of 2021, starting the year with a relatively small Rmb5.14bn ($793m) transaction under its Jianyuan series.
CCB is the largest RMBS originator in China, accounting for over a third of the domestic RMBS market, according to Wind data. In 2020, it sold 15 Jianyuan transactions totalling Rmb148bn.
This week’s deal was CCB’s first RMBS this year. The Rmb5.14bn transaction has three senior tranches, with ...Already a subscriber? Login
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