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CMBX

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AcronymDefinition
CMBXCommercial Mortgage Backed Securities Index


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Bond price rally These bond prices are reflected in New York-based Markit's CMBX indexes, which contain credit default swaps on 25 U.
Highlights of the report include: * CMBX (a set of derivatives that provides insurance against defaults) tranches rated "A" and above are undervalued from a credit performance perspective.
A quick look at trading levels in the highly-rated CMBX tranches demonstrate it has.
 
 
 
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