2021-M07 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 M07, Credebt Exchange® held Active RSA of EUR 17.18m, with EUR 31.82m fully allocated. Investors net redemptions were EUR 0.56m in the period with trading of EUR 22.07m+ and all ETR utilised.
Treasury collections at EUR 27.55m of settled ETR was c.25.00% ahead of Trading. Consistently strong trading suggests that an increase on 2020’s Y/E results is possible.
Performance 2020-M07 v 2021-M07 remained strong but failed to beat the value of PPE trades in July of 2020. Although trade volumes were up by c.7.00%, year-on-year 2021-H1 v. 2020-H1 is behind by almost 8.000%. Investors’ withdrawals remain stable and consistent at c.EUR 0.56m. The Credebt® Index again decreased slightly to 86 and is c.30.00% lower than 2020-07. Total credebtors remained at c.6.4k+. The largest trade was in shipping at EUR 3.20m
Trend Yield started in July at c.2.091% and continued the overall increase from June ending at 2.105% for the month. Continued negative bank yields of c.1.000% makes an overall c.2.750% positive yield from ETR good for any short-term Investor. The Leasabill ETR® 3-Year market re-opened with limited results for the month. Total RSA was EUR 17.18m+
† 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 * |