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 M06, Credebt Exchange® reported an Active RSA of EUR 50.25m, with EUR 69.65m fully allocated. Investor redemptions decreased to EUR 0.41m, while trading activity for M06 totaled EUR 5.79m. Consistent with previous reports, all available ETR were fully utilised.
Credebt Control® collections totaled EUR 3.91m, representing 67.53% of the total value of traded ETR. This will continue to be monitored in M07.
Performance
In 2025-M06, trading totaled EUR 5.79m, which is c.42% lower than the EUR 10.10m recorded in 2024-M06. Trading volume decreased by 6.21%, while the value-to-volume ratio continued to rise, reflecting an increase in the value and quality of traded ETR. Investor redemptions decreased to EUR 0.41m in M06 less than EUR 1.32m from the previous month. The Credebt® Index was recorded at 68 for M06. Demonstrating sustained performance, the Construction sector registered the largest trade in M06 at GBP 0.35m.
Trend
ETR standard yield began the month at 2.119% and increased in the beginning of M06, reaching a high of 2.127% in the first week. It fluctuated slightly before steadily decreasing during the middle of the month to end M06 at 2.091%. Investor demand remains below requirements. Trade Desk continues to seek additional funding from its existing investor base. The new Equitabill ETS is expected to ‘fill the gap’ by mid-2025. The total RSA recorded for M06 was EUR 50.25m.
† 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.