CCB kicks off 2021 RMBS issuance with small deal

Mortgages_Adobe_06Jan2020
By Addison Gong
19 Jan 2021

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?

Continue reading this article

Try full access to GlobalCapital

Free trial