Demand 3.500%
Demand - yielding 3.500% PA, This is the on-demand alternative to bank deposits that have been the basis for Investabill® for the past 10 years.
Fixed 4.250%
Fixed - yielding 4.250% PA, Funds committed for 12 months and if withdrawn prior to term, all interest accrued is automatically lost.
Term 15.00%
Term – yielding 15.00%, Funds committed for 3 years, i.e. 36 calendar months and if withdrawn prior to term, all interest accrued is automatically lost.

2019-M12 ETR Briefing

Investabill ETR® are fixed value Exchange Traded Receivables 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 M12, Credebt Exchange® held Active RSA of EUR 32.13m, with EUR 31.96m fully allocated. Investors redeemed EUR 0.56m in the period and trading for M12 was EUR 11.82m+ with all ETR utilised.

Treasury performance at EUR 6.80m of settled ETR was still below the trade value for the month. Seasonality and new Originators are the primary reason for the wide variance.

Performance

2019-M12 v 2018-M12 showed a decline in trade volume of -50.57% but with a substantial trade value increase easing of 39.49%. This reversal of fortune can be attributed to the 2020 plan beginning to show results. The Credebt® Index of 112 makes a favourable market for the Exchange. Y/E total trade was c.EUR 100.88m. Total creditors & debtors were c.5.4k. The largest single trade was EUR 0.96m

Trend

Yield average increased to c.1.940% in the month starting at 1.924% and ending on 1.927%. A decisive Brexit has helped stabilise the price. The increases in the Credebt® Index and in demand from Originators should see this figure stabilise at c.1.900% – 2.000% as the Year closes and the 2020 plan unfolds. Available active RPA capacity was EUR 32.13m+

2019-M12 ETR Briefing Trade Credebt

2019-M12 ETR Briefing

† 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

Other briefings

  • 2021-M12 ETR Briefing

    2020-M12 v 2021-M12 ended with strong results some 30.00% improvement, year-on-year. Volumes were down by 40.98% but overall 2021 v 2020 was EUR 208.7m v EUR 158.5m. Investors’ withdrawals fell back to c.EUR 0.64m ending the year with many positives...

  • 2018-M12 ETR Briefing

    2018-M12 v 2017-M12 continued its significant increase in trade volume by 116.52% with a return to significant improvement in the trade value up by 31.55%, year-on-year. Total trade for the Year was EUR 126.27m showing annual growth for the Exchange of 22.59%. Trading...

  • 2019-M08 ETR Briefing

    2019-M08 v 2018-M08 showed a continued decrease in trade volume of 43.93% with a significant drop in trade value of more than 18.35% in the month. As the availability of SME trade credit continues to increase, the overall year-on-year decrease for the Exchange showed c...

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