Chii CMBS?
A CMBS inosikwa apo bhangi rinotora boka rezvikwereti mumabhuku ayo, rinovasungira pamwe chete, vozovatengesa mune chekuchengetedzwa sehutano hwezvisungo. Zvose zvinyorwa zvichange zvakarongeka mu " saga " - funga "zvikamu" -kubva kune yakakwirira-yakarongwa, yakaderera zvikuru CMBS kana "guru issue" kune yakanyanya kukanganisa, yakaderedzwa CMBS.
Nyaya yepamusoro inotanga kugadziriswa kugamuchira hurukuro uye yekubhadhara chikwereti, asi nyaya dzejaya dzakanyanya dzichava dzekutanga kutora kurasikirwa kana akwereta achifa. Vashandi vanosarudza sarudzo iyo yavanoisa mune zvayo maererano nemichero yavo yavanoda uye kukwanisa kwengozi.
CMBS Dzokera Kuda
Mari yechikwereti inobatsira nenzira dzakawanda. Inogonesa mabhenji kuti aite zvikwereti zvakawanda, anopa vashandi vekugadzira zvikwereti nepamusoro-kupa zvipo kune hurumende dzehurumende , uye zvinoita kuti zvive nyore kune vanotengesa mari kuti vawane mari.
CMBS inopa vatengesi imwe nzira kune dzimba dzekutengesa zvivako zvemaimba kana REITs senzira inofanirwa yekutsvaga muAmerica imba yemashamba.
Iko kune zvakasiyana zvakasiyana pakati pemari mbiri. REITS ndiwo maoko asi apo CMBS iri chikwereti chezvikwereti. Anobatsira kweCMBS kana REIT ndeyekuti CMBS inopa kubhadharwa kutaridzika apo REITs haiti.
CMBS yakanyorwa mushure mekutambudzika kwemari kwe2008 kunowanzove yakakura uye inoratidzwa nemhando dzakawanda pasi pekunyora pasi.
Imwe nzira inobvira yeCMBS mumushamba wezvisungo ndeyokuti inowanzopa hudzo dzakakwirira pane hurumende kana hurumende zvisungo.
Izvo zvikwereti izvo shure kweCMBS zvinowanzogadzirirwa nguva. Havagoni kubhadharwa kare neakwereta pasina chirango. Somugumisiro, CMBS inowanzovhara pangozi yepamusoro yekubhadhara mari yepamusoro kune yekugara kwekuchengetwa kwemari-inotsigirwa zvigadziro - zvivimbiso zvakatsigirwa nezvikwereti pamhuri imwe chete yemhuri.
Kubhadhara mari yekutengesa ndeyokuti kuve nekuderera kunowedzera kukwereta kuchaita kuti vakwereti vatsigire uye vadzorere mari yavo yekare kare pane zvatararisirwa sechiguma. Izvi zvingaita kuti mubhadharo agamuchire muchero wepamusoro kupfuura kutarisirwa.
Ngozi dzeCMBS
Sezvakangoita nehutano hwekambani , kutengeserana kwekutengeserana-kuchengetedzwa zvakachengetedzwa kune pangozi yekusafa. Kana vakweretesa vari pasi vakundikana kuita mari yavo yepamusoro uye yekutora, vatengesi veCMBS vanogona kuwana kurasikirwa. Ngozi yehutano hwemunhu mumwe nomumwe inogona kusiyanisa zvichienderana nesimba remukati wemisika mune imwe nzvimbo iyo chikwereti chakatangira, uyewo zuva rokubudiswa.
Semuenzaniso, kutengeserana kwekutengeserana-kuchengetedzwa kwekutengeswa kwakabudiswa pamusika wepamusi kana panguva apo pasi pekunyora maitiro zvakaderera zvinogona kuisa njodzi dzakakwirira.
CMBS inogonawo kushungurudzwa nekushaya simba mumisika yematengesi, sezvakangoitika muna 2008 ne 2009. CMBS inokwereta yakaomeswa pakupera kwematambudziko emari muna 2008, asi yakadzoka zvishoma nezvishoma sezvo mamiriro ezvinhu emari akavandudzwa.
CMBS inopa vashandi nzira yepamutemo yekutengesa muUnited States real estate, asi kana vasina kuenzaniswa zvakananga kana kuti vanomiririra kusatendeseka, vanogona kupa zvinetso zvisina kufanira kune vatengi sematambudziko anowanikwa pasi pe-MBS ayo akatyisidzira hupfumi hweUnited States muHarare Recession ya2008 .
Nzira Yokugadzira Sei muCMBS
Kunyange zvazvo iwe unogona kuzviisa mune zvekutengeserana-kuchengetedzwa kwakachengetedzwa, izvi zvinowanzoitwa nevashambadzi vepfuma, masangano ekutsvaga mari kana vatungamiriri ve Exchange Exchange Mudhes Funds kana ETFs . Ma ETF anoverengeka anonyanya kuzivikanwa neMMS uye pamwe chete-iShares Barclays CMBS Bond Fund (ticker: CMBS) - inoshandisa chete mari yekutengeserana mari.
Kune vashandi vezvekutengesa, aya ETF angave ndiyo nzira yakanakisisa yekuisa mari muzvikwereti izvi zvezvikwereti nokuti vanopa dambudziko rakasiyana-siyana rakasiyana pasina hutano hukuru.
Ona mari yekushandira pamwe chete nehuwandu hwemabasa ehuwandu hweMB mushure mekutarisa imwe sarudzo yeMS, uye kunyanya CMBS kukohwa. Iva nechokwadi chekuti unonzwa wakasununguka nezvimwe zvinogona kuisa njodzi.
Zvinonzwisisika: Mashoko ari pawebsite ino anopa mazano ekukurukurirana chete uye haafaniri kutorwa semazano ekutsvaga mari. Pasinei nemamiriro ezvinhu iyo ruzivo runomiririra hutungamiri kutenga kana kutengesa zvigumisiro.