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Fixed - yielding 4.250% PA, Funds committed for 12 months and if withdrawn prior to term, all interest accrued is automatically lost.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Term – yielding 15.00%, Funds committed for 3 years, i.e. 36 calendar months and if withdrawn prior to term, all interest accrued is automatically lost.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-M06 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 M06, Credebt Exchange® held Active RSA of EUR 47.48m, with EUR 22.10m allocated. Investors redeemed EUR 0.71m in the period and trading for M06 was EUR 6.89m+ with all available ETR utilised.

Treasury performance at EUR 4.52m of settled ETR was significantly below the trade value for the month. Unstable trading in the month over shadowed repayments.

Performance

2019-M06 v 2018-M06 showed the same trade volume of but with a significant drop in trade value of more than 32.65% in the month. Total trade for the year was EUR 47.87m showing an overall year-on-year decrease for the Exchange of c.5.46%. Trading for 2019-M06 showed an overall stagnant, to declining, position for the year to date. Total creditors & debtors were 5.1k+. The largest single value trade in the month had a value of EUR 0.20m

Trend

Overall, yield remained generally stable for the period at 2.062% to 2.092% in the month with an overall declining trend. This is driven by increased demand from Investors that is not being matched by Originator supply. This yield decrease trend is predicted to drop further in H2. Available active RPA capacity was 47.48m+

2019-M06 ETR Briefing Trade Credebt

2019-M06 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

  • 2019-M03 ETR Briefing

    2019-M03 v 2018-M03 showed a strong increase in trade volume of 43.03% with a very strong improvement in the trade value that increased by 68.32%, year-on-year. Total trade for the year was EUR 21.50m showing an overall increase for the Exchange of c.70.00%...

  • 2019-M10 ETR Briefing

    2019-M10 v 2018-M10 showed an easing in trade volume decrease to -13.48% with trade value decrease easing to -26.22%. SME access to trade credit continues to be a negative factor. The Credebt® Index of 94 indicates a favourable market for the Exchange for Q4 and…

  • 2019-M01 ETR Briefing

    2019-M01 v 2018-M01 continued its significant increase in trade volume by 67.25% but with a disimprovement in the trade value that was down by 10.13%, year-on-year. Total trade for the month was EUR 5.93m and was below expectations. Disappointing beginning to 2019 that...

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