China considers pilot programme to securitise bad assets this year -bank regulator

May 14, 2015 9:04 AM

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BEIJING May 14 China is considering implementation of a pilot programme to securitise bad assets this year, Ye Yanfei, deputy director of the China Banking Regulatory Commission's prudential regulation bureau, told a press conference on Thursday.

China's central bank is expected to publish rules on information disclosure for the issuance of asset-backed securities (ABS), sources with direct knowledge of the matter told Reuters earlier on Thursday.

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