{"id":24900,"date":"2019-09-11T14:14:31","date_gmt":"2019-09-11T11:14:31","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=24900"},"modified":"2019-09-11T14:14:31","modified_gmt":"2019-09-11T11:14:31","slug":"secondary-market-transactions-continued-its-upswing","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/secondary-market-transactions-continued-its-upswing\/","title":{"rendered":"Secondary Market Transactions Continued its Upswing"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Bondora secondary market continued its upswing in activity for the <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.goandgrow.eu\/blog\/secondary-market-stats-see-increase-in-july\/\" target=\"_blank\">second consecutive month<\/a>. Total secondary market transactions came to \u20ac830,605 in August, an increase of 10.6% on the month. Bondora users were much more apt in August to transact manually, with manual transactions up a staggering 54.8% to \u20ac389,733. Meanwhile, both API and Portfolio Manager transactions fell on the month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Secondary-market-total-volume-Aug-2019.png\" alt=\"Secondary market total volume - Aug 2019\" class=\"wp-image-24901\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Current Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">While current loans did make up the majority of the secondary market (83.6% of all transactions), there was actually a decrease in transactions of current loans in August. A total of \u20ac694,057 was transacted in current loans, a reduction of 1.0%. Leading the decline was Portfolio Manager transactions which declined by 15.3% from July.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Secondary-market-current-loans-Aug-2019.png\" alt=\"Secondary market current loans - Aug 2019\" class=\"wp-image-24904\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Overdue Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Overdue loan transactions total \u20ac47,101, an increase of 80.6% from July. All-told, overdue loans accounted for 3.5% of all secondary market transactions. As usual, no transactions were done via Portfolio Manager. <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Secondary-market-overdue-loans-Aug-2019.png\" alt=\"Secondary market overdue loans - Aug 2019\" class=\"wp-image-24907\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Defaulted Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In what\u2019s a rarity, defaulted loan transactions jumped in August, and exceeded transactions of overdue loans on the month. Defaulted loan transactions rose by an astonishing 279% compared to the previous month, coming in at \u20ac89,445.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Secondary-market-defaulted-loans-Aug-2019.png\" alt=\"\" class=\"wp-image-24910\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Defaulted loans transactions on the move<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The increase in total secondary market transactions were driven in large part by defaulted loan transactions which rose 279% on the month. It is unclear why this jump occurred and if it will result in a long-term trend of more defaulted loan transactions. Regardless, investors should keep an eye on the secondary market in the coming months to see what trends emerge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Always remember, investors should not seek higher returns from <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.goandgrow.eu\/blog\/how-to-sell-on-secondary-market\/\" target=\"_blank\">buying and selling loans on the Bondora secondary market<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can learn more about the <a href=\"https:\/\/www.goandgrow.eu\/en\/secondary-market\">Bondora secondary market here<\/a>, or\ncontact an experienced Investor Relations Associate at <a href=\"mailto:investor@goandgrow.eu\">investor@goandgrow.eu<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bondora secondary market continued its upswing in activity for the second consecutive month. Total secondary market transactions came to \u20ac830,605 in August, an increase of 10.6% on the month. Bondora users were much more apt in August to transact manually, with manual transactions up a staggering 54.8% to \u20ac389,733. Meanwhile, both API and Portfolio [&hellip;]<\/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-24900","post","type-post","status-publish","format-standard","hentry","category-stats-and-data"],"acf":[],"featured_image":null,"categories_names":["Stats &amp; Data"],"category_name":"Stats &amp; Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/24900","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=24900"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/24900\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=24900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=24900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=24900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}