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Bloomberg introduces new China data service

Bloomberg has announced that it will for the first time, provide global investors with data and analytics for the Chinese securitization market through a partnership with CNABS, a specialized solutions provider in China’s securitization market.

Via the Bloomberg Terminal, investors can now access information of all deals traded on China’s interbank market and exchanges, and review cash flows under different scenarios covering over 600 deals. In addition, investors tracking China’s securitization market can calculate prices and perform risk and investment analysis using Bloomberg’s proven analytics, the company says.

“In recent years, China’s securitization market has developed rapidly and is expected in the long-term to play a key role in the country’s quest to internationalize its currency and finance ongoing structural reform,” said Russel Parentela, Global Head of Cash Structured Products at Bloomberg. “We are pleased to work with CNABS to provide more accurate data and sophisticated tools for both Chinese and international investors to analyze this growing market and explore its investment opportunities.”

“China’s securitization market offers international investors unique access to diversified pools of corporate and consumer credit. We are very pleased to work with Bloomberg on this rapidly expanding sector in China,” said Yang Pang, General Manager of CNABS.

Over the last four years, China’s securitization market (including structured finance and structured credit products) has grown rapidly. By the end of 2015, China surpassed the Eurozone in terms of new issuance to become the second largest securitization market, behind the United States. Securitization products in China are listed on the interbank market and exchanges. International investors can invest in these products via QFII, RQFII, CIBM direct access and the recently launched Bond Connect scheme.

Bloomberg users can access the cash flow information via YT<GO> & CFT <GO> on the Bloomberg Terminal.