2021-M06 ETR Briefing
Investabill ETR® are fixed value Exchange Traded Receivables that are leases, monetary obligations or bills issued under contract for assets, goods and services supplied to investment quality† companies, or credit insured invoices from Investment Grade [IG] insurers. As at M06, Credebt Exchange® held Active RSA of EUR 17.36m, with EUR 44.46m fully allocated. Investors net redemptions were EUR 0.41m in the period with trading of EUR 14.52m+ and all ETR utilised.
Treasury collections at EUR 9.68m of settled ETR was below that of Trading. The continued strong improvement in origination indicates an increase on 2020’s Y/E results.
Performance 2020-M06 v 2021-M06 remains strong and repeats an almost equal and comparatively strong month in terms of value and volume. Overall year-on-year, 2021-H1 performance is c.15.00% ahead of 2020-H1’s results. Investors’ withdrawals remain stable at c.EUR 0.41m and is consistent with prior years. The Credebt® Index decreased slightly to 87 and is c.35.00% lower than 2020-06. Total credebtors was c.6.4k+. The largest trade was EUR 1.23m
Trend Yield started at c.2.084% as the mid-point with yields alternating either side of that from 2.075% to 2.095% for the month. With negative bank yields of c.1.000% it makes the c.2.750% positive from ETR good for Investors in the short-term market. Leasabill ETR® 3-Year market will re-open in August as shipping assets grow. Total RSA was EUR 17.36m+
† 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 * |