{"id":34352,"date":"2020-06-11T14:06:41","date_gmt":"2020-06-11T11:06:41","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=34352"},"modified":"2020-06-11T14:06:41","modified_gmt":"2020-06-11T11:06:41","slug":"secondary-market-activity-slows-down-in-may","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/secondary-market-activity-slows-down-in-may\/","title":{"rendered":"Secondary market activity slows down in May"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">After the spike in secondary market transactions in March, May\u2019s numbers continue the descending trend we started seeing in April. Secondary market transactions totaled \u20ac616,975 on the month, showing a more gradual decrease of 29.5% compared to <a href=\"https:\/\/www.goandgrow.eu\/blog\/bondora-secondary-market-levels-off-in-april-2020\/\">last month<\/a>\u2019s 34.3%. Portfolio Manager transactions accounted for most of the decline, showing a 40.8% decline from \u20ac405,371 in April to \u20ac239,866 in May. Unlike in April, manual transactions followed suit with a gradual decrease of 13.9% over May.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Sec-Market-total-May-2020-Bondora.png\" alt=\"Sec Market total May 2020 - Bondora\" class=\"wp-image-34353\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Current Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Current transactions at a premium saw a 16.8% jump from April, which lead to the subsequent increase of 7.9% in manual transactions on the month. Meanwhile, after continuing its recent growing trend, we saw discount transactions settling again at 7.7%\u2014a decrease of 14.5%. Overall, transactions for current loans were down 32.5% in May, slightly less to last month\u2019s 36.8% decrease.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Bondora-Secondary-Market-current-loans-May-2020.png\" alt=\"Bondora Secondary Market current loans May 2020\" class=\"wp-image-34359\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Overdue Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Transactions of overdue loans continue their rise from April with 30.5%, more than double last month\u2019s increase. As in April, the majority of overdue loan transactions came from manual transactions at a discount, totaling 83.4%. API transactions continued to fall with 3%\u2014a strong contrast to April\u2019s 40.0%.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Bondora-Secondary-Market-overdue-loans-May-2020.png\" alt=\"Bondora Secondary Market overdue loans - May 2020\" class=\"wp-image-34365\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Defaulted Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">After last month\u2019s rise, defaulted loan transactions saw a 36.6% decline. API transactions bounced back from a total of \u20ac1,928 in April to \u20ac2,785\u2014a growth of 7.7%. Manual transactions, on the other hand, fell by the exact same rate as API\u2019s growth, declining by 7.7% to \u20ac17,067.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Bondora-Secondary-Market-defaulted-loans-May-2020.png\" alt=\"Bondora Secondary Market defaulted loans - May 2020\" class=\"wp-image-34371\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Secondary market transactions continue to slow down<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The overview of May\u2019s secondary market transactions reflect a similar downward movement as we\u2019ve seen in April. This is a natural return to historical figures after the <a href=\"https:\/\/www.goandgrow.eu\/blog\/bondora-secondary-market-transactions-rose-in-march\/\">spike in March<\/a> as investors looked for liquidity in their investments amid economic uncertainty. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Always remember, investors should not seek higher returns from <a href=\"https:\/\/www.goandgrow.eu\/blog\/how-to-sell-on-secondary-market\/\">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 contact an experienced Investor Relations Associate at <a href=\"mailto:investor@goandgrow.eu\">investor@goandgrow.eu<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the spike in secondary market transactions in March, May\u2019s numbers continue the descending trend we started seeing in April. Secondary market transactions totaled \u20ac616,975 on the month, showing a more gradual decrease of 29.5% compared to last month\u2019s 34.3%. Portfolio Manager transactions accounted for most of the decline, showing a 40.8% decline from \u20ac405,371 [&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-34352","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\/34352","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=34352"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/34352\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=34352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=34352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=34352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}