Markit owns and administers the CMBX, which is a liquid, tradeable tool allowing investors to take positions on commercial mortgage-backed securities via CDS contracts. The index has become a widely used benchmark for the performance of CMBS. Its liquidity and standardization allows investors to accurately gauge market sentiment around the asset-class, and to take long or short positions accordingly.
The Markit CMBX index is a synthetic tradeable index referencing a basket of 25 commercial mortgage-backed securities.
Key Features and Coverage on RIMES
For this data source, RIMES hosts approximately 60 indices and 1520 bonds. Index coverage includes CMBX.NA Indices.
Some of the data items currently available for this source include:
- Property Items: Desc, Symbol, Series, Version, Maturity, Redid, Coupon
- Time series items: Coupon, Spread, Depth, Price, Index fact