The LTP Trade Finance IndexÖ - the independent total return index covering the trade finance asset class - again showed a capital loss in December 2001.
Credit margin widened by 9 bps to 214 while Libor widened by 6 bps.
The following table breaks down performance between capital appreciation and interest accrual - (note that, because of compounding effects, the constituents may not sum to the total).
| Accrual | Capital | Total Ret |
January | 0.59% | 0.74% | 1.34% |
February | 0.48% | 0.11% | 0.60% |
March | 0.51% | 0.08% | 0.59% |
April | 0.52% | 0.06% | 0.58% |
May | 0.49% | 0.49% | 0.99% |
June | 0.43% | 0.13% | 0.56% |
July | 0.47% | 0.24% | 0.71% |
August | 0.44% | 0.31% | 0.75% |
September | 0.36% | 0.87% | 1.23% |
October | 0.36% | 0.07% | 0.43% |
November | 0.35% | -0.26% | 0.09% |
December | 0.37% | -0.14% | 0.23% |
Further information on the LTP Trade Finance IndexÖ can be obtained by contacting LTPtrade: | ||
Managing Director - Asia | +65 226 1926 | |
| + 65 226 1251 | |
Head of Research, LTP Risk Management | + 44 20 7292 7970 | |
| LTP Trade plc is the leading independent provider of services for the global trade finance market. LTP's services enable more efficient access to the trade finance market for financial institutions and corporations and enhance transparency and liquidity in the market. LTP delivers:
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