{"id":53467,"date":"2021-02-18T11:37:37","date_gmt":"2021-02-18T09:37:37","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=53467"},"modified":"2021-02-18T11:37:37","modified_gmt":"2021-02-18T09:37:37","slug":"secondary-market-growing-again-in-january","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/secondary-market-growing-again-in-january\/","title":{"rendered":"Secondary Market remains unpredictable, growing again in January"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Bondora Secondary Market started 2021 in growth mode. Transactions totaled \u20ac396,072 over January\u2014an 11.7% increase <a href=\"https:\/\/www.goandgrow.eu\/blog\/the-roller-coaster-secondary-market-fell-in-december\/\">compared to December<\/a>. As a result, the up-and-down trend of the Secondary Market is continuing.<\/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\/image-375.png\" alt=\"The Secondary Market remains unpredictable, gaining again in January\" class=\"wp-image-53468\" \/><figcaption><em>The Secondary Market remains unpredictable, gaining again in January<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Take a look at the month-over-month growth of the Market dating back to September 2020. As you can see, the Secondary Market has been quite unpredictable:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>January 2021: +11.7%<\/li><li>December 2020: -32.8%<\/li><li>November 2020: +36.2%<\/li><li>October 2020: -16.1%<\/li><li>September 2020: 6.7%<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Portfolio Manager transactions saw the most gains\u2014up by 90.8% to \u20ac74,357. This figure came close to how much was transacted via the API in January (\u20ac77,193). Manual transactions were the only category to fall, declining by 6.2% to \u20ac244,520.<\/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\/image-376.png\" alt=\"Total volume loan transactions \u2013 January 2021\" class=\"wp-image-53474\" \/><figcaption><em>Total volume loan transactions \u2013 January 2021<\/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\">Secondary Market transactions of current loans grew by \u20ac100,017 to \u20ac327,876. Current loans continue to be purchased at a premium on the Secondary Market, as 57.3% of all current loan transactions were done at a premium value. Additionally, after decreasing last month, all three Secondary Market categories were higher in January.<\/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\/image-377.png\" alt=\"Current loan transactions \u2013 January 2021\" class=\"wp-image-53480\" \/><figcaption><em>Current loan transactions \u2013 January 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Overdue loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Overdue loan transactions fell by 1.3% for the second month-in-a-row, albeit only slightly. This decrease was led by API transactions, which fell to \u20ac4,802.57\u2014a decline of 12.8% on the month. Manual transactions grew a negligible amount, accounting for 86.1% of all overdue loan transactions.<\/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\/image-378.png\" alt=\"Overdue loan transactions \u2013 January 2021\" class=\"wp-image-53486\" \/><figcaption><em>Overdue loan transactions \u2013 January 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Defaulted loans<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bucking the month\u2019s overall trend, defaulted loan transactions plummeted lower in January, totaling \u20ac33,629. This is a decline of 63.3% month-over-month. However, this figure makes sense as this puts defaulted loan transactions slightly below overdue loan transactions, realigning with their historical trend. Oddly enough, even with such a decrease, there were more transactions at a premium, totaling \u20ac7,806.<\/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\/image-379.png\" alt=\"Defaulted loan transactions \u2013 January 2021\" class=\"wp-image-53492\" \/><figcaption><em>Defaulted loan transactions \u2013 January 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">An unpredictable market<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When it looks like the Secondary Market is slowing down, along comes a month of increased transactions. This marks the fifth consecutive month of back-and-forth numbers for Secondary Market transactions. An 11.7% increase in transactions over the month is a positive way to start 2021, but it\u2019s anyone\u2019s guess about where the Secondary Market goes from here.<\/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\">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 Bondora Secondary Market started 2021 in growth mode. Transactions totaled \u20ac396,072 over January\u2014an 11.7% increase compared to December. As a result, the up-and-down trend of the Secondary Market is continuing. Take a look at the month-over-month growth of the Market dating back to September 2020. As you can see, the Secondary Market has been [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":53468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-53467","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\/53467","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=53467"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/53467\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=53467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=53467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=53467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}