News Column

PSBD Issued Housing Loan-backed Securitization Products

July 16, 2014

BEIJING, July 16, SinoCast -- Postal Savings Bank of China (PSBD) will issue CNY 6.814 billion individual housing loan-backed securitization products in the national interbank bond market on July 22, 2014.

Bank of Communication International Trust acts as the issuer and CITIC Securities acted as the lead underwriter.

Besides, another national commercial bank was said to plan to issue such a product with a size of about several billion renminbi this year.

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Source: Sinocast Banking & Credit Beat (China)

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