{"id":195147,"date":"2017-03-09T13:59:43","date_gmt":"2017-03-09T11:59:43","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=6763"},"modified":"2017-03-09T13:59:43","modified_gmt":"2017-03-09T11:59:43","slug":"monthly-origination-summary-for-february-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/monthly-origination-summary-for-february-2017\/","title":{"rendered":"Monthly origination summary for February 2017"},"content":{"rendered":"

Originations for the month of February dipped since last month as our total reached \u20ac2,460,575. However, there was a noticeable\u00a0increase in the total interest for Finland which came in at 49.99% compared to 45.38% last month. Estonia held steady with a total interest of 20.84% compared to 20.79% last month. Spains interest dropped significantly\u00a0from 98.01% to 86.34%. The figures for February bring the total interest across all countries to a respectable 34.67%.<\/p>\n

Loan origination by country<\/h2>\n

Estonia\u2019s range of ratings continues to attract investors as the lower risk A, AA, and B rating loans capture 23.51% of the total originations for the month. The popularity of these ratings coupled with the lower total interest rate illustrates investor\u2019s drive for preserving capital. Moreover, a broad use of the \u201cConservative\u201d Portfolio Manager setting may also explain this trend.<\/p>\n

Interestingly, Finland\u2019s share dropped while its total interest grew. It will be interesting to see if the country\u2019s surge from 45.38% last month to 49.99% in February will encourage a greater sharer of the total originations in the future.<\/p>\n

Finally, Spain represented the highest level of originations among the E F, and HR ratings. Investors were rewarded for this risk with the high total interest rate of 86.34%.<\/p>\n

\n\n\n\n\n\n\n\n\n
Share by country \u2013 February\u00a02017<\/th>\n<\/tr>\n
Country<\/td>\nInterest<\/td>\nAmount<\/td>\nShare<\/td>\n<\/tr>\n<\/thead>\n
ESTONIA<\/strong><\/th>\n20,84%<\/td>\n1728405<\/td>\n70,24%<\/td>\n<\/tr>\n
SPAIN<\/strong><\/th>\n86,34%<\/td>\n348970<\/td>\n14,18%<\/td>\n<\/tr>\n
FINLAND<\/strong><\/th>\n49,99%<\/td>\n383200<\/td>\n15,57%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Loan origination by rating<\/h2>\n

Investors opted for a balance between risk and reward as B and C rated loans represented the two most popular choices as measured by proportion across all countries at 18.97% and 22.23% respectively. Meanwhile higher rated loans carry a smaller portion of the total due to their limited availability.<\/p>\n

    \n
  • Originations reflected a similar composition to the previous month with most activity concentrated among B through E rated loans which captured 71.06% of the total.<\/li>\n
  • F Rated loans continue to be less popular as investors are driven to the decisive action of either a high rating with a lower relative return, or a much lower rating with an aggressive return.<\/li>\n
  • HR rated loans continue to represent the third greatest portion of the total at 16.38% across all countries. This activity is centralized in Spain.<\/li>\n<\/ul>\n
    \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Share by country and rating \u2013 February\u00a02017<\/th>\n<\/tr>\n
    <\/th>\nESTONIA<\/strong><\/th>\nSPAIN<\/strong><\/th>\nFINLAND<\/strong><\/th>\n<\/tr>\n
    Rating<\/th>\nInterest<\/th>\nAmount<\/th>\nShare<\/th>\nInterest<\/th>\nAmount<\/th>\nShare<\/th>\nInterest<\/th>\nAmount<\/th>\nShare<\/th>\n<\/tr>\n<\/thead>\n
    AA<\/strong><\/th>\n10,16%<\/td>\n25250<\/td>\n1,03%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    A<\/strong><\/th>\n11,69%<\/td>\n86485<\/td>\n3,51%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    B<\/strong><\/th>\n14,30%<\/td>\n466680<\/td>\n18,97%<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    C<\/strong><\/th>\n19,32%<\/td>\n522935<\/td>\n21,25%<\/td>\n<\/td>\n<\/td>\n<\/td>\n18,05%<\/td>\n24025<\/td>\n0,98%<\/td>\n<\/tr>\n
    D<\/strong><\/th>\n25,75%<\/td>\n330975<\/td>\n13,45%<\/td>\n<\/td>\n<\/td>\n<\/td>\n28,48%<\/td>\n29510<\/td>\n1,20%<\/td>\n<\/tr>\n
    E<\/strong><\/th>\n31,50%<\/td>\n254795<\/td>\n10,36%<\/td>\n37,33%<\/td>\n2440<\/td>\n0,10%<\/td>\n33,89%<\/td>\n116965<\/td>\n4,75%<\/td>\n<\/tr>\n
    F<\/strong><\/th>\n34,71%<\/td>\n41285<\/td>\n1,68%<\/td>\n43,34%<\/td>\n59105<\/td>\n2,40%<\/td>\n45,72%<\/td>\n97015<\/td>\n3,94%<\/td>\n<\/tr>\n
    HR<\/strong><\/th>\n<\/td>\n<\/td>\n<\/td>\n95,60%<\/td>\n287425<\/td>\n11,68%<\/td>\n81,98%<\/td>\n115685<\/td>\n4,70%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Originations for the month of February dipped since last month as our total reached \u20ac2,460,575. However, there was a noticeable\u00a0increase in the total interest for Finland which came in at 49.99% compared to 45.38% last month. Estonia held steady with a total interest of 20.84% compared to 20.79% last month. Spains interest dropped significantly\u00a0from 98.01% […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-195147","post","type-post","status-publish","format-standard","hentry","category-stats-and-data"],"acf":[],"featured_image":null,"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/195147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=195147"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/195147\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=195147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=195147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=195147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}