{"id":51032,"date":"2021-01-15T12:40:11","date_gmt":"2021-01-15T10:40:11","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=51032"},"modified":"2021-01-15T12:40:11","modified_gmt":"2021-01-15T10:40:11","slug":"the-roller-coaster-secondary-market-fell-in-december","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/the-roller-coaster-secondary-market-fell-in-december\/","title":{"rendered":"The roller-coaster Secondary Market fell in December"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The past few months have seen Bondora Secondary Market transactions yo-yo from growth to contraction in sizable ways, and this month was no different. After <a href=\"https:\/\/www.goandgrow.eu\/blog\/secondary-market-makes-a-comeback-in-november\/\">growing by 36.2% in November<\/a>, Secondary Market transactions were down by 32.8% in December, totaling \u20ac354,480.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Rollercoaster-1024x683.jpg\" alt=\"The roller-coaster Secondary Market fell in December.\" class=\"wp-image-51034\" width=\"768\" height=\"512\" \/><figcaption><em>The roller-coaster Secondary Market fell in December.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Manual transactions, which make up most of all Secondary Market transactions, were lower by \u20ac123,193 (32.1%). Portfolio Manager transactions totaled \u20ac38,966\u2014a 43.1% drop from last month. And even as API transactions fell by 27.3% in December, Portfolio Manager transactions remained the Secondary Market&#8217;s lowest volume.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Sec.-Market-total_volume_Dec-1024x129.png\" alt=\"Secondary Market total volume \u2013 December 2020\" class=\"wp-image-51055\" width=\"768\" height=\"97\" \/><figcaption><em>Secondary Market total volume \u2013 December 2020<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-current-loans\">Current Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Current loans totaled \u20ac227,859 in December\u2014decreasing by 55.7%. Additionally, the proportion of current loan transactions, compared to all Secondary Market transactions, continued to fall, declining from 67.2% in November to 64.3% in December.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All current loan transaction categories decreased in December.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>API:<\/strong> \u2b07\ufe0f 29.2% to \u20ac45,615<\/li><li><strong>Manual:<\/strong> \u2b07\ufe0f 35.4% to \u20ac143,276<\/li><li><strong>Portfolio Manager:<\/strong> \u2b07\ufe0f 43.1% to \u20ac38,966<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">However, investors were more willing to pay a premium for current loans, with 65.0% of current loan transactions being conducted at a premium price compared to 59.9% in November. Concurrently, discounted current loan transactions fell to an almost negligible amount (\u20ac8,503).<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Sec.-Market-current_loans_Dec-1024x280.png\" alt=\"Current loans \u2013 December 2020\" class=\"wp-image-51061\" width=\"768\" height=\"210\" \/><figcaption><em>Current loans \u2013 December 2020<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overdue-loans\">Overdue Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Transactions for overdue loans were cut down almost in half by 44.5%. Manual transactions at a discount comprised 51.9% of all overdue loan transactions, down from 67.6% in November. There was an increase in manual transactions at a premium, up to \u20ac5,582 from \u20ac3,814. There continued to be zero overdue loan transactions completed by Portfolio Manager.&nbsp;&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Sec.-Market-overdue_loans_Dec-1024x280.png\" alt=\"Overdue loans transactions \u2013 December 2020\" class=\"wp-image-51067\" width=\"768\" height=\"210\" \/><figcaption><em>Overdue loans transactions \u2013 December 2020<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-defaulted-loans\">Defaulted Loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The least affected category in December was Defaulted loans, which fell by only 16.6% to a total of \u20ac91,583. Manual transactions accounted for 96.0% of all Defaulted loan transactions, compared to a similar 96.2% in November. The only category to see an increase was Manual transactions at par value, totaling \u20ac7,675\u2014a massive 600.9% jump from last month.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Sec.-Market-defaulted_Dec-1024x280.png\" alt=\"Defaulted loans transactions \u2013 December 2020\" class=\"wp-image-51074\" width=\"768\" height=\"210\" \/><figcaption><em>Defaulted loans transactions \u2013 December 2020<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em> <\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-secondary-market-continues-to-see-saw\">The Secondary Market continues to see-saw<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Several months of back-and-forth transaction totals on the Secondary Market has created a see-saw effect. One month, investors are heavily involved in the Secondary Market, while the next month&#8217;s transactions slow to a snail&#8217;s-pace. This see-saw trend can be seen by the 30%+ swings in Secondary Market transactions over the past few months alone. There is not much of a long-term trend for the Secondary Market, and its volume will be monitored in the coming months to see if any statistically significant changes occur.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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\"><br \/>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>The past few months have seen Bondora Secondary Market transactions yo-yo from growth to contraction in sizable ways, and this month was no different. After growing by 36.2% in November, Secondary Market transactions were down by 32.8% in December, totaling \u20ac354,480. Manual transactions, which make up most of all Secondary Market transactions, were lower by [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":51034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-51032","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/51032","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=51032"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/51032\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=51032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=51032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=51032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}