2022-M08 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 M08, Credebt Exchange® held Active RSA of EUR 41.97m, with EUR 78.82m fully allocated. Investors net redemptions were EUR 0.33m in the period with trading of EUR 25.18m+ and utilised all ETR.
Treasury collections of EUR 12.62m was c.50.00% less than the value of ETR traded during the month. The Exchange performance remains ahead of all prior years by c.23.00%
Performance 2021-M08 v 2022-M08 trade rose sharply by almost 50.00% and lifted year-on-year results overall by c.23.00% to EUR 119.84m in 2022 v EUR 97.40m for 2021. Volumes remain down by c.20.00% and Investors’ redemptions were down another c.40.00% to c.EUR 0.33m. Credebt® Index disappointed at 86 days. Total credebtors were c.6.6k+. The largest trade was an aggregates/mining trade at c.EUR 3.59m
Trend Standard/On-Demand Yield started at c.2.135% and, with small spikes removed, trended downwards to c.2.087% to end the month. Demand continues to remain below where it should be with more funding required. Bank deposit yields are at zero/0.000%, and with the Trade Desk propping rates, Investors saw c.3.750% yield from ETR in M08 with more demand being sought. Total RSA was EUR 41.97m
† 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 * |