Level from micro data on public operating REITs compiled by and purchased from S&P Global. Level is calculated as the sum of Commercial Paper from all mortgage REITs . Mortgage REITs are defined as investment companies with a Mortgage REIT, MBS REIT, or Specialty Finance REIT primary focus. Transactions are calculated as the change in level. Data for the most recent ten years show no significant seasonality.
Last edited on: 06/08/2016