The CMBX index is a synthetic tradable index referencing a basket of 25 commercial mortgage-backed securities (CMBS).
CMBX provides insight into the performance of the CMBS market. Its liquidity and standardization help investors accurately gauge market sentiment around CMBS, and take long or short positions accordingly. Key benefits:
- Transparency – Benefit from an objective, rules-based approach to index construction and public availability of daily closing prices
- Standardization – Rely on a standardized selection of reference obligations, contract documentation and availability of payment amounts with monthly calculation and posting
- Sentiment monitoring – Track movements in CMBS market sentiment with daily composite levels
- Liquidity – Gain insights into the liquidity and transparency around the index using our free PV calculator