2022-M12 ETR Briefing
Investabill ETR® are fixed value Exchange 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 99.43m, with EUR 66.82m fully allocated. Investors net redemptions were EUR 1.11m in the period with trading of EUR 16.98m+ and utilised all ETR.
Treasury collections of EUR 13.84m was c.18.00% below the total value of ETR traded during the month. The Exchange performance remains ahead of all prior years by c.6.217%
Performance 2022-F/Y v 2021-F/Y was up 6.217% to finish the year-on-year results at EUR 222.40m in 2022 v 2021 at EUR 209.38m. Volumes remain down by 8.197% and Investors’ redemptions reduced by c.3x to c.EUR 1.11m. Credebt® Index almost was below the average at 73 days. Credebtors were c.6.7k+. A coal export shipment from Maputo Port, Mozambique to India was the largest single trade at c.EUR 1.25m w/ cargo valued at USD 3.85m as security.
Trend Standard/On-Demand Yield started at c.2.077% and eased down to end the month at 2.024%. Demand continues to remain below where it should be and more funding is required. Bank deposit yields are at 0.000%-0.500%, with the Trade Desk rates for Investors yield from ETR in M12 averaging c.3.000%. Total RSA was EUR 91.90m
† 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 * |