+Global Benchmark (SYM50)
The SYM50 is a microfinance institutions’ benchmark compiling 10 key indicators from 50 MFIs, largely composed of second tier institutions, with whom Symbiotics works most frequently. This benchmark is adjusted on a quarterly basis by the Symbiotics Research & Advisory team to reflect Symbiotics’ outstanding investment volumes and geographical allocation.
The Market Rates is a pricing benchmark for fixed-income microfinance transactions. They are composed of senior unsecured loans to investment grade financial institutions denominated in US-Dollars or Euros with maturities of 12 to 36 months. An underlying sample of more than 153 institutions and more than 5,000 data points, collected since 2005 and updated monthly, provides a comprehensive reference for debt investments in microfinance.