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This paper is devoted to N-wave equations with constant boundary conditions related to symplectic Lie algebras. We study the spectral properties of a class of Lax operators L, whose potentials Q(x,t) tend to constants Q± for x→±∞. For special choices of Q±, we outline the spectral properties of L, the direct scattering transform and construct its fundamental analytic solutions. We generalize Wronskian relations for the case of CBC — this allows us to analyze the mapping between the scattering data and the x-derivative of the potential Qx. Next, using the Wronskian relations, we derive the dispersion laws for the N-wave hierarchy and describe the NLEE related to the given Lax operator.