2019-M04 ETR Briefing
Investabill ETR® are fixed value Exchange Traded Receivables that are loans or bills issued under contract for goods and services supplied to investment quality† companies, or credit insured invoices from Investment Grade [IG] insurers. As at M04, Credebt Exchange® held Active RSA of EUR 66.58m, with EUR 20.63m allocated. Investors redeemed EUR 0.18m in the period and trading for M04 was c.EUR 7.62m with all available ETR utilised.
Treasury performance at EUR 7.05m of settled ETR was again on par with the trade value for the month. Stabilised trading in the month was equal to demand and repayments.
Performance 2019-M04 v 2018-M04 continued to show an increase in trade volume of 20.67% and a continued decline in the trade value that was down by 13.41%, year-on-year. Total trade for the year-to-date was EUR 29.12m showing an increase of 4.76% for the Exchange. Trading ended up showing year-on-year growth to date. Total creditors & debtors were 5.0k+. Highest single value trade was EUR 0.20m. Total trade for the Year was EUR 29.12m
Trend Yield decline slightly for the period starting at 2.175% and ending the month at 2.154%. This overall narrow spread remains driven by the stabilised supply v demand as the year progresses. The Branch Network initiative has removed one Local Branches with new opening postponed to Q4. Available Active RPA capacity was EUR 74.53m+
† Investment quality is a combination of Investment Grade [IG] organisations & other credit worthy organisations, as determined by AIG and other credit rating providers, from time to time
| BANK BORROWING | TRADE CREDEBT® | |
|---|---|---|
| No personal guarantees * | ||
| No liens/debentures * | ||
| Quick application | ||
| Quick decision | ||
| Commercial perspective | ||
| Consultative process | ||
| No credit limits | ||
| Light on administration | ||
| Quick access to cash | ||
| No exit fees * |