Previous two-component coatings with enamine components cured very slowly at low temperatures and led to yellowed products. A binder composition is prepared which cures rapidly at low temperatures and leads to non-yellowing products. It contains as CH-acid component a polymer with at least two enamine functions in the molecule, obtained byA) transesterification of a .beta.-keto-ester with hydroxyl-group-containing compounds or polymers which contain at least two hydroxyl groups in the molecule, with an OH value of at least 50 and a number-average molecular weight of 500 to 10,000, followed by reaction with ammonia or primary and/or secondary amines, andB) as .alpha.,.beta.-unsaturated component a compound with at least two groups of the general formula R.sub.1 R.sub.2 C.dbd.CR.sub.3 --X; in which X signifies --CO-- which is bonded via the residue of a di- or polyhydric alcohol, a di- or polyamine or an aminoalcohol to a further R.sub.1 R.sub.2 C.dbd.CR.sub.3 --X group, where R.sub.1, R.sub.2 and R.sub.3 signify hydrogen or an alkyl group, components A) and B) are present in the ratio 2:1 to 1:1.5 relative to their equivalent weights, the composition exists as a two-component system, and component A) contains a Lewis or Bronsted base as catalyst.