True Chinese ABS begin with CCB and CDB transactions

16 Dec 2005

China's securitisation market formally opened this week when China Construction Bank launched its Rmb3.017bn ($370m) securitisation of residential mortgages after winning approval from the Ministry of Finance last Friday.

China Development Bank was also able to proceed with its securitisation of infrastructure loans after the regulators approved the Rmb4.3bn ...

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