{"id":37117,"date":"2020-08-20T11:00:00","date_gmt":"2020-08-20T08:00:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=37117"},"modified":"2020-08-20T11:00:00","modified_gmt":"2020-08-20T08:00:00","slug":"secondary-market-transactions-take-off","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/secondary-market-transactions-take-off\/","title":{"rendered":"Secondary market transactions take off"},"content":{"rendered":"\n

For the first time since April we\u2019re seeing an on-the-month increase in secondary market activity. This is the anticipated rebound we talked about last month<\/a>. June had a decline rate of 14% and now we\u2019re seeing a positive increase of 3% in transactions.<\/p>\n\n\n\n

\"Transactions
Transactions on the secondary market have started to climb into the positive numbers again.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

This noticeable increase is thanks to positive growth rates for Portfolio Manager (0.7%) and API activity (27.2%). Although manual sales saw a 3.8% decline, it still holds the biggest share (44.7%). In July, secondary market transactions totaled \u20ac546,047.56.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Current Loans<\/h2>\n\n\n\n

API activity continues to grow the most in the secondary market. In June, sales totaled \u20ac83,299 and have now risen to \u20ac102,064. Although Portfolio Manager\u2019s increase was less than 1%, it\u2019s a confident contrast to last month\u2019s 21.5% decline. Manual transactions saw the slightest decline of 0.3%, but it accounts for \u20ac195,866 of the market share.<\/p>\n\n\n\n

Overall, the increase rate for July transactions was 28.32% better than June\u2019s decline rate of 24.16%. Only 2% of loans were sold at a discount. 58% were sold at par value, and 40% of investors made a profit on their loans.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Overdue Loans<\/h2>\n\n\n\n

Continuing the trend from the past few months, the majority of overdue loan sales came from manual transactions, making up 80.2% of the category. Overall, overdue loans declined by 0.4%, which is a welcome sight for investors. The total monetary value of overdue loans is now \u20ac35,738.55.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Defaulted Loans<\/h2>\n\n\n\n

After the last two months\u2019 successive sharp declines and increases, we now see defaulted loan deals decrease with a mild 13.9% to \u20ac22,896. Manual transactions are still leading the pack with 84.6% of the market share, but API activity is claiming 15.4% for overdue loans. It had a massive 74.2% increase from \u20ac2,019 to \u20ac3,517.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

<\/p>\n\n\n\n

Secondary market transactions rise for the first time after March<\/h2>\n\n\n\n

After three months of consecutive overall decline, the positive rebound marks the welcome rise in secondary market activity after a quiet Q2. And for the 3rd<\/sup> continuous month, defaulted loans beat overdue loans in transactions. This mimics the trend we saw in the pre-crisis first quarter. This trend, coupled with the stable increase we\u2019ve been seeing, could perhaps be an indication of how things are stabilizing across the market.<\/p>\n\n\n\n

Always remember, investors should not seek higher returns from <\/em>buying and selling loans on the Bondora secondary market<\/em><\/a>.<\/em> <\/p>\n\n\n\n

Enjoy what you\u2019re reading?<\/strong> Get more info about the Bondora secondary market here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

For the first time since April we\u2019re seeing an on-the-month increase in secondary market activity. This is the anticipated rebound we talked about last month. June had a decline rate of 14% and now we\u2019re seeing a positive increase of 3% in transactions. This noticeable increase is thanks to positive growth rates for Portfolio Manager […]<\/p>\n","protected":false},"author":11,"featured_media":37118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-37117","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/37117","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=37117"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/37117\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=37117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=37117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=37117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}