BEIJING, February 11, 2022-S&P Global (China) Ratings has assigned its AAAspc(sf) ratings to the Class A-1, Class A-2, Class A-3 and Class A-4 (Class A notes or Senior notes) of the Zhongyingwanjia 2022-1 Residential Mortgage Backed Securities. The notes are backed by loans that were originated by Bank of China (BOC).
List of Ratings:
A-1: AAAspc(sf)
A-2: AAAspc(sf)
A-3: AAAspc(sf)
A-4: AAAspc(sf)
Methodology Applied:
S&P Ratings China--Structured Finance Methodology
Related Research:
Commentary: Understanding Our Approach to China Residential Mortgage-Backed Securities
Seeking Growth and Stability | China Outlook 2022
FAQ: How Have Real Estate Risks Affected RMBS?
FAQ: How Have Real Estate Risks Affected Structured Finance Products?
Models 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:
BeiBei Shi, Beijing; beibei.shi @spgchinaratings.cn
Jiarong Li, Beijing; jiarong.li@spgchinaratings.cn
Siyue Zhu, Beijing; april.zhu@spgchinaratings.cn
