Standard & Poors said that in October the weighted average default risk for the top 70 tenants in conduit/fusion CMBS transactions stayed the same.

This comes after the average rose during the two prior months. The rating agency's CMBS Tenant Index (CTI) ended October at 21.1, remaining the same from September. However, it increased versus 20.8 in August and 20.3 in July.

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