Demand 4.250%
Demand - yielding 4.250% PA, This is the on-demand alternative to bank deposits that have been the basis for Investabill® for the past 10 years.
Fixed 5.000%
Fixed - yielding 5.000% PA, Funds committed for 12 months and if withdrawn prior to term, all interest accrued is automatically lost.
Term 19.000%
Term – yielding 19.000%, Funds committed for 3 years, i.e. 36 calendar months and if withdrawn prior to term, all interest accrued is automatically lost.

2014-Q2 ETR Briefing

Exchange Traded Receivables [ETR], are invoices issued under contract for goods and services supplied to investment quality† companies, or credit insured invoices from Investment Grade [IG] insurers. As at Q2, Credebt Exchange® held RSA of €19.6m, with €4.7m allocated and €0.5m Investor redemptions requested in the quarter. The full spectrum of available ETR was utilised.

Strong treasury continues to improve ETR settlement at €3.0m, or 68% of all outstanding trades during the period. There continues to be no delinquent ETR recorded to date. Market conditions remain favourable and stable for 2014.

Performance

2014-Q2 was the fourth quarter of trading for Credebt Exchange®. Total Debtors numbered 350+ with a total trade value of € 12.2m to date. Daily volume increased marginally on the previous quarter, 2014-Q1. Highest single value trade was in June at € 0.17m. Total current RSA are valued at € 19.6m+

Trend

Yield trend stabilised early in the quarter at an average of 3.607%. Originator trading volumes increased slightly with strong Originator supply expected during 2014-Q3. Additional capacity for RSA in excess of €20.0m+ is expected in 2014-H2 with new institutional Investor demand of €10.0m confirmed during the quarter (subject to contract).

2014-Q2 ETR Briefing Trade Credebt

2014-Q2 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

  • 2014-Q1 ETR Briefing

    2014-Q1 was the third quarter of trading for Credebt Exchange®. Total Debtors numbered 280+ with a total trade value of € 8.1m to date. Daily volume declined for the period at 25+ due to i-ETR suspension. Highest single value trade was in January at €…

  • 2014-Q3 ETR Briefing

    2014-Q3 was the third quarter of normal trading for Credebt Exchange®. Debtors increased to 390+ with the total trade value of €13.1m YTD. Daily volumes increased by 17% on the previous quarter, 2014-Q2. Highest single value trade was in July at € 0.38m...

  • 2014-Q4 ETR Briefing

    2014-Q4 was the fourth quarter and first full year of trading for the Exchange. Total Debtors numbered 480+ with a total trade of EUR 18.8m to Y/E. Daily volume increased by 16% on the previous quarter. Highest single value trade was in November at EUR…

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