Discontinued — last reported Q4 '20
An increase suggests higher yield potential or increased credit risk compensation, while a decrease may indicate tighter market pricing or improved borrower credit quality.
This metric represents the weighted average interest rate spread over a benchmark index for floating-rate debt instrumen...
Comparable to 'weighted average spread' or 'interest rate margin' reported by other commercial mortgage REITs.
bxmt_segment_southeast_debt_instrument_basis_spread_on_variable_rate1