Category: Investor Briefings & Information

Trading methods, portfolio & investment performance news for Retail & Institutional Investors
IMPORTANT INVESTOR NOTICE:- The articles in this section should not be read in isolation. Credebt Exchange® will only accept direct investment from qualified, professional Investors and all investors, regardless of circumstance, are advised to consult a qualified financial advisor or accountant. All Investors should read and understand the ETR Overview and associated links, information, contracts and the Master Agreement before deciding to invest in, and purchase ETR.

2015-Q3 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 Q3, Credebt Exchange® held RSA of EUR 63.3m+, with EUR 13.2m allocated and EUR 1.39m of Investor redemptions transacted. 9-Quarters trading totalled EUR 54.4m+ trades with all available ETR utilised.

Treasury performance down 12.1% to 87.1% at EUR 10.7m of settled ETR due to RPA ending & new RPA replacements.

Performance

2015-Q3 ETR trade value dropped 10.7% below Q2 due to seasonality & RPA expirations. Total creditors & debtors increased to 1,100+ with a total YTD trade of EUR 30.8m. Daily volumes increased by 17.4% on Q2. Highest single value trade was in September at EUR 0.21m. Total current RSA increased 16.4% to EUR 63.3m+

Trend

Yield continued to trend downwards and dipped below predictions of 3.25% at an average yield of 3.24% for Q3. Yield will stabilise at this rate until Y/E. Continued strong Originator supply expected for remainder of 2015. Additional capacity for RPA in excess of EUR 84.7m+ available in Q3 with new institutional demand of EUR 20.0m+ remained ‘subject to contract’ for the period.

2015-Q3 ETR Briefing Trade Credebt

2015-Q3 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

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2015-Q2 ETR Briefing

Investabills are fixed value Exchange Traded Receivables [ETR], 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 Q2, Credebt Exchange®  held RSA of EUR 54.3m+, with EUR 9.9m allocated and EUR 0.63m Investor redemptions requested. 2-Years trading celebrated with EUR 43.0m+ ETR trades and all available ETR utilised.

Treasury management almost achieved parity with ETR settled at EUR 9.9m, or 99.5% of all outstanding trades.

Performance

2015-Q2 continued strong growth in ETR trade with an increase of 19.9%. Total Creditors & Debtors numbered 930+ with a total YTD trade of EUR 19.4m. Daily volume increased by 59.1% on the previous quarter. Highest single value trade was in June at EUR 0.28m. Total current RSA are valued at EUR 54.3m+

Trend

Yield trending downwards from an average of 3.52% and is expected to average 3.25% in Q3. Volumes increased by 59.1% with continued strong Originator supply expected for 2015. Additional capacity for RPA in excess of EUR 52.3m+ is expected in H2 with new institutional demand of EUR 10.0m remaining confirmed during the quarter (subject to contract).

2015-Q2 ETR Briefing Trade Credebt

2015-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

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2015-Q1 ETR Briefing

Exchange Traded Receivables [ETR], are loans or bills, the “Investabills”, issued under Contract and such Investabill are payable by investment quality† companies, or credit insured Investabills from Investment Grade [IG] insurers. As at Q1, Credebt Exchange®  held RSA of EUR 36.1m, with EUR 6.5m allocated and EUR 0.2m Investor redemptions requested. The full spectrum of available ETR was utilised.

Strong treasury management continues to improve ETR settlement to EUR 5.4m, or 83% of all outstanding trades.

Performance

2015-Q1 started considerably stronger with an overall trade increase of 19.9%. Total Debtors numbered 560+ with a total trade of EUR 6.7m. Daily volume increased by 95.3% on the previous quarter. Highest single value trade was in November at EUR 0.24m. Total current RSA are valued at EUR 36.1m+

Trend

Yield remained stable for the quarter at an average of 3.42%. Originator trading volumes increased by 95.3% with continues strong Originator supply expected for 2015. Additional capacity for RPA in excess of EUR 50.0m+ are expected in 2015 with new institutional demand of EUR 20.0m remaining confirmed during the quarter (subject to contract).

2015-Q1 ETR Briefing Trade Credebt

2015-Q1 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

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Credebt Exchange

Since its foundation in 2011, Credebt Exchange® has been purchasing invoices on a revolving basis from Originators that are members of the Exchange. These invoice, or Exchange Traded Receivables [ETR], are payable by the Originators’ customers, or Debtors.

Effective 16 January 2015, Credebt Exchange Limited, with company registration number IE501210, officially changed its name to Credebt Exchange Limited. Credebt Exchange will continue the Credebt Exchange business model and will add a new product that pays Originators’ suppliers, or Creditors, too. The improved business model of paying Creditor invoices and purchasing Debtor invoices, led to the creation of the word: Credebt.

This blended business model is called Convertibill™ and is designed to further enhance cash flow for the Credebt Exchange Originators whilst also reducing their overall cost of funds. This is achieved by enabling Originators to offer their suppliers ‘payment on demand’ for a nominal discount. The discount is then offset against the cost of selling their customer invoices.

Over the coming months, wherever the Credebt Exchange name appears, it will be replaced by Credebt Exchange. Both new and existing Credebt Exchange Originators will be invited to avail of the payment on demand service for their suppliers and to continue sell their customer invoices using the Convertibill™ product offering.

During 2015-Q1, the Credebt Exchange extended product offering for Investors will be marketed under the product name Investabill™. As a sophisticated financial marketplace that facilitates the sale and purchase of Loans or Bills as Exchange Traded Receivables [ETR] or Investabills™. These ETR Investabills™ will continue to trade and generate the working capital Originators require.

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2014-Q4 ETR Briefing

Exchange Traded Receivables [ETR], are loans or bills, the “Investabills”, issued under Contract and such Investabill®  are payable by investment quality† companies, or credit insured Investabills from Investment Grade [IG] insurers. As at Q4, Credebt Exchange® held RSA of EUR 23.6m, with EUR 5.6m allocated and EUR 0.2m Investor redemptions requested. The full spectrum of available ETR was utilised.

Strong treasury management continues to improve ETR settlement to EUR 4.9m, or 78% of all outstanding trades.

Performance

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 0.18m. Total current RSA are valued at EUR 23.6m+

Trend

Yield remained stable for the quarter at an average of 3.47%. Originator trading volumes increased by 16% with continues strong Originator supply expected for 2015. Additional capacity for RPA in excess of EUR 50.0m+ are expected in 2015 with new institutional demand of EUR 10.0m remaining confirmed during the quarter (subject to contract).

2014-Q4 ETR Briefing Trade Credebt

2014-Q4 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

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2014-Q3 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 Q3, Credebt Exchange® held RSA of €21.8m, with €5.5m allocated and €0.6m Investor redemptions requested in the quarter. The full spectrum of available ETR was utilised.

Further Treasury improvement on ETR settlement at €4.4m, or 79% 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 to Y/E.

Performance

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. Total current RSA are valued at € 21.8m+.

Trend

Yield remained stable for the quarter at an average of 3.614%. Originator trading volumes increased by 17% with strong Originator supply expected during 2014-Q4. Additional capacity for RSA in excess of €13.5m+ is expected in 2014-Q4 with new institutional Investor demand of €10.0m remains confirmed during the quarter (subject to contract).

2014-Q3 ETR Briefing Trade Credebt

2014-Q3 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

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Irish Times Investor Article

2014-09-23 Irish Times – Investors can capitalise on companies’ need for cash
Options for decent returns on investments are thin on the ground. Buying invoices is becoming more attractive.  Getting a risk-free return may never have been more difficult for investors. Read more…
Fiona Reddan ©Irish Times 2014 Read on Irish Times website

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100+ Retail Investors

Today the Exchange received funds from it’s one hundreth Retail Investor. In just twelve months since the first RSA/RPA Trade was executed, achieving 100+ Retail Investors demonstrates a strong appetite from the retail investment community for strong, short term cash-equivalents such as ETR….

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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

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Year-1 Success

Credebt Exchange® completed its first full year’s trading today and has much to celebrate. Careful, prudent management of supply and demand enabled the Exchange to manage an orderly market whilst meeting both Originator and Investor expectations as published. From the outset, the management of Credebt Exchange® stuck to its principal aims of of ensuring Investor funds are protected at all times and that Investors’ yield is delivered.

Coupled with this core objective, the Exchange also ensured that intelligent finance was delivered to Originators and finally, that the Exchange grew in line with expectations.

As can be seen from the 2014-Q2 Briefing, demand and supply continue to grow in parallel. Intermediaries demonstrated continued support for Credebt Exchange® with increased Investor funding combined with many Investors deciding to re-invest both their principal and yield for a second year.

Originators continue to seek out Credebt Exchange® as an alternative non-bank finance provider specifically because of its ease of use and swift execution service provision. During 2014-Q2 Originators from wide and diverse industry cross-sections joined the Exchange with particular interest from recruitment, services and export oriented businesses. During the Summer months, it is expected that Originators will increase by 15-20% with a total of 60% growth in new Originators expected before year-end.

All in all, Credebt Exchange® has clearly demonstrated its flexibility and capability and looks forward to strong expansion during its second year of trading.

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