{"id":35801,"date":"2020-07-20T15:45:00","date_gmt":"2020-07-20T12:45:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=35801"},"modified":"2020-07-20T15:45:00","modified_gmt":"2020-07-20T12:45:00","slug":"secondary-market-rebound-on-its-way","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/secondary-market-rebound-on-its-way\/","title":{"rendered":"Secondary market rebound on its way?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">We\u2019ve been seeing a decrease in secondary market transactions since April, but a rebound might be on the horizon. The decline rate has halved from what it was last month, coming in at 14% compared to May\u2019s 29.5%. These numbers are very encouraging and could perhaps point towards positive growth in the near future.<\/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\/Secondary-market-take-off-1024x768.jpg\" alt=\"Secondary market take-off\" class=\"wp-image-35802\" \/><figcaption><em>Could the secondary market might take off in the upcoming quarter?<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The lower decline rate is thanks to a better rate in Portfolio Manager activity (-21.5%) <a href=\"https:\/\/www.goandgrow.eu\/blog\/secondary-market-activity-slows-down-in-may\/\">than in May<\/a>, and to the sharp rise in API transactions (42%). The total monetary value of secondary market transactions for May are \u20ac530,378.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Sec.-Market-total-volume-June-2020.png\" alt=\"Sec. Market total volume - June 2020\" class=\"wp-image-35808\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Current Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/api.goandgrow.eu\/\">API is the rising star<\/a> in current transactions for June, going from \u20ac62,407 in May to \u20ac83,299. This 33.4% increase is a welcome jump after it fell by 40% in May. Manual transactions saw the biggest decline, going down by \u20ac118,295 in transactions. <a href=\"https:\/\/www.goandgrow.eu\/en\/portfolio-manager\">Portfolio Manager on the other hand<\/a>, saw a decrease of only 21.5%\u2014a far better figure than May\u2019s 40.8%. Overall, the decline rate for June transactions was 5.3% better than May\u2019s decline rate of 29.5%.<\/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\/Secondary-Market-current-loans-June-2020.png\" alt=\"Secondary Market current loans - June 2020\" class=\"wp-image-35814\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Overdue Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">After the significant rise from the last couple of months, overdue loans have gone in the other direction with a 38.7% decline, now sitting at \u20ac35,583. Exactly as last month, the majority of overdue loan transactions came from manual transactions at a discount, taking up 73.2% of the category.<\/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\/Secondary-Market-overdue-June-2020.png\" alt=\"Secondary Market overdue - June 2020\" class=\"wp-image-35820\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Defaulted Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Contrasting to last month\u2019s decline of 36.6%, we saw a sharp increase in defaulted loans, going back to almost the same level as in April with a 34.1% increase. Manual transactions saw a 6.3% increase and also makes up 92.4% of all defaulted loans. The rest are made up of API transactions, which saw a 6.3% decrease to \u20ac2,019.<\/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\/Secondary-Market-defaulted-loans-June-2020.png\" alt=\"Secondary Market defaulted loans - June 2020\" class=\"wp-image-35826\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Secondary market transactions still slowing down, but for how long?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">June marks the third month of less activity in the secondary market after it <a href=\"https:\/\/www.goandgrow.eu\/blog\/bondora-secondary-market-transactions-rose-in-march\/\">boomed in March<\/a>. Overdue loan transactions outpaced defaulted loan transactions, bucking the trend we\u2019ve come to see in the first quarter for a second month in a row. After three months of consecutive overall decline, we\u2019re eager to see when the rebound will occur and we\u2019ll see a rise in secondary market transactions.<\/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>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019ve been seeing a decrease in secondary market transactions since April, but a rebound might be on the horizon. The decline rate has halved from what it was last month, coming in at 14% compared to May\u2019s 29.5%. These numbers are very encouraging and could perhaps point towards positive growth in the near future. The [&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-35801","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\/35801","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=35801"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/35801\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=35801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=35801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=35801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}