BEIJING, April 22, 2021-S&P Global (China) Ratings has assigned its AAA_spc(sf) ratings to the class A-1, A-2 and A-3 notes (Senior Notes) issued by CCB Trust Co. Ltd. as trustee of the Jianyuan 2021-6 Residential Mortgage Backed Securities.

List of Ratings:  

Class A-1:  AAA_spc(sf)  

Class A-2: AAA_spc(sf)

Class A-3: AAA_spc(sf)

Subordinated: Not rated

Methodology Applied:  

S&P Ratings China--Structured Finance Methodology  

Related Research:  

Commentary: Understanding Our Approach to China Consumer Asset-Backed Securities  

• Coronavirus: Understanding the Known Unknowns

• The Journey Ahead: A Look At China’s RMBS Sector (First Edition)

Model Applied:  

SPG China Ratings RMBS Credit Model
SPG China Ratings Structured Finance Cash Flow Engine

Media Contacts:

Sharon Tang, Beijing, (86)10-6569-2988; sharon.tang@spgchinaratings.cn

Analyst Contacts:

Enjie Zhang, Beijing; enjie.zhang@spgchinaratings.cn

Jieqiong Du, Beijing; jieqiong.du@spgchinaratings.cn

Jiarong Li, Beijing; jiarong.li@spgchinaratings.cn