Discontinued — last reported Q4 '20
An increase suggests higher yield potential or increased credit risk, while a decrease may indicate a more conservative lending environment or compressed margins.
This metric represents the weighted average interest rate spread over the benchmark index for floating-rate debt instrum...
Comparable to 'weighted average spread' or 'interest rate margin' reported by other commercial mortgage REITs.
bxmt_segment_diversified_location_debt_instrument_basis_spread_on_variable_rate1