© 2026 Arizent. All rights reserved.

CMBS

Markit Starts Commercial Mortgage Total Return Index

Published 1 Min Read

Information services firm Markit is launching a new family of indices referencing CMBS issued since 2010. The Markit TRX.II indices will begin trading on Oct. 3.

“This is an exciting addition to Markit’s family of CMBS indices which already includes Markit CMBX, Markit TRX.NA and Markit iBoxx ABS,” said Neil McPherson, managing director of indices at Markit. “This new index, which comes at a time when US CMBS issuance is experiencing a revival, will offer CMBS investors with an efficient hedging and investment tool provided by an independent index provider.”

The Markit TRX.II will make up a maximum of 25 ‘AAA’ rated securities from 25 different CMBS transaction. Both private 144A and public deals are eligible for inclusion.

But, at launch, the index will mostly comprise of 144A deals. According to the press release from the firm, each quarter the index will be rebalanced to have recent qualifying issuance by replacing the oldest offerings in the index with newer transactions. The index will have the same contract structure as the existing Markit TRX.NA.

For reprint and licensing requests for this article, click here.

More From Asset Securitization Report

Markit Launches CMBX Series 6

Markit today released series 6 of CMBX, the synthetic indices based on a static portfolio of US commercial mortgage-backed securities.

Markit: Leveraged Loans Lag in Returns

The leveraged loan market experienced a lackluster year in 2011, with returns down and bids float in both the U.S. and Europe, according to Markit. Total return for the Markit iBoxx U.S. dollar-denominated Leveraged Loan Index finished the year at 0.90%, down from the high mark of 3.16% in May and up from the low […]

Markit Introduces Leveraged-Loan Index

Markit has launched an index that tracks the aggregate return of roughly 100 of the most liquid dollar-denominated leveraged loans, the financial information services company announced today. Known as the Markit iBoxx USD Liquid Leveraged Loan Index, this new metric will be comprised of loans picked from a pool of about 3,000 loans. It will […]

BofA Merrill Calls iBoxx Euro ABS Index a Useful Tool

Bank of America Merrill Lynch analysts in a report released yesterday referred to Markit’s iBoxx European ABS index as a “useful tool” in benchmarking and in comparing ABS to other asset classes. “While we recognize that data for individual issue is often illiquid, we think that by measuring over a large number of issues the […]