The Outlook of RMBS Market in China——A Comparison Between RMBS Markets of China and USA
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DOI: 10.23977/ICEMGD2020.020
Corresponding Author
Xiao Gu
ABSTRACT
Since 2014, the issuance volume of Residential Mortgage Backed Securities (RMBS) has been skyrocketing. However, the RMBS market is still premature, and unfamiliar to many people. In this paper, I will give an introduction on RMBS and an overview of China’s bond market. Since RMBS market is the most developed in the United Stated, I will use the US RMBS market as a benchmark. By comparing some market characteristics of the RMBS markets in China and the US, this paper analyzes the short-term and long-term expectations of RMBS market in China.
KEYWORDS
RMBS, ABS, bond market, financial market