CMBS 201: A Peak Behind the Curtain Bonds and Hedging

CMBS 201: A Peak Behind the Curtain Bonds and Hedging
Join us for a comprehensive guide into the fundamental structures and mechanisms of CMBS bonds and the various hedging strategies employed to manage associated risks.

This two-part webinar series will begin with an overview of basic bond structures and proceeds to explain how loan cashflows are translated into bond cashflows within a typical conduit structure. Attendees will learn about the different classes of bonds, including the B-piece and Interest Only (IO) bonds, and how they are priced.

In addition to understanding the structuring of CMBS conduit deals, this series covers the critical aspects of hedging, detailing the strategies CMBS lenders use to mitigate interest rate and credit risks. Faculty will explore the use of interest rate derivatives, treasury futures, and credit default swaps (CDS) as hedging instruments.

Taught by industry experts, this webinar series is designed for professionals looking to deepen their knowledge. Each live session concludes with a Q&A segment, allowing attendees to engage with and learn directly from our expert instructors.
180.00