Post by stevefindlay on May 25, 2018 10:54:18 GMT
Across a number of threads clients have enquired about likely losses, and in particular the expectation that a loan in default will give rise to a loss.
The loss given default ratio for BondMason is currently running at 1.3%
This is the expected loss on average for a loan, which has gone into default. For example, if you have a £100 loan position which has gone into default on BondMason, then on average, you will suffer a £1.30 loss.
High level statistics relating to our portfolio are updated on our statistics page every 3-6 months: bondmason.com/statistics-page
More details
Given this thread relates to losses, I though I'd share some detailed up-to-date statistics:
Total losses since inception: £56,968 (since Oct 2016)
Total amount invested: £35M
Losses as a percentage of total amount investment: 16bps. (0.16%)
Total interest paid: £1.14M
Losses as a percentage of interest paid: 5%
NB: Average term of loan: 5 months. (which is why £1.14M / £35M = 3.3%; not 8%)
Annual expected loss as a percentage of invested capital: 38 bps
Annual expected loss as a percentage of interest earned: 4.75%
Proportion of loans going into default / watchlist: 12%
The loss given default ratio for BondMason is currently running at 1.3%
Any questions
If you have any questions or queries relating to your specific account, please contact us at invest@bondmason.com; or call one of the team on 01582 802 000 who will be happy to help.
The loss given default ratio for BondMason is currently running at 1.3%
This is the expected loss on average for a loan, which has gone into default. For example, if you have a £100 loan position which has gone into default on BondMason, then on average, you will suffer a £1.30 loss.
High level statistics relating to our portfolio are updated on our statistics page every 3-6 months: bondmason.com/statistics-page
More details
Given this thread relates to losses, I though I'd share some detailed up-to-date statistics:
Total losses since inception: £56,968 (since Oct 2016)
Total amount invested: £35M
Losses as a percentage of total amount investment: 16bps. (0.16%)
Total interest paid: £1.14M
Losses as a percentage of interest paid: 5%
NB: Average term of loan: 5 months. (which is why £1.14M / £35M = 3.3%; not 8%)
Annual expected loss as a percentage of invested capital: 38 bps
Annual expected loss as a percentage of interest earned: 4.75%
Proportion of loans going into default / watchlist: 12%
The loss given default ratio for BondMason is currently running at 1.3%
Any questions
If you have any questions or queries relating to your specific account, please contact us at invest@bondmason.com; or call one of the team on 01582 802 000 who will be happy to help.
