{"id":54933,"date":"2021-03-12T14:16:49","date_gmt":"2021-03-12T12:16:49","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=54933"},"modified":"2021-03-12T14:16:49","modified_gmt":"2021-03-12T12:16:49","slug":"pm-transactions-lead-secmar-despite-decline","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/pm-transactions-lead-secmar-despite-decline\/","title":{"rendered":"Portfolio Manager transactions lead Secondary Market despite decline"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Secondary Market seesaw continued to swing in February. With a total of \u20ac294,682 in transactions, the Secondary Market fell by 25.6%. This was in contrast to <a href=\"https:\/\/www.goandgrow.eu\/blog\/secondary-market-growing-again-in-january\/\">January<\/a> when it grew by 11.7%.<\/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-403.png\" alt=\"Portfolio Manager transactions lead Secondary Market despite decline.\" class=\"wp-image-54934\" \/><figcaption><em>Portfolio Manager transactions lead Secondary Market despite decline.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portfolio Manager transactions had the largest decline, down by 63.2% to \u20ac27,362. Manual transactions also fell drastically, from \u20ac244,520 last month to \u20ac186,317 in February\u2014a 23.8% decline. The one category bucking this month&#8217;s trend was API transactions, which grew by 4.9%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total share of each category on the month was as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Manual: 63.2%<\/li><li>API: 27.5%<\/li><li>Portfolio Manager: 9.3%<\/li><\/ul>\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-404.png\" alt=\"Secondary Market Total Volume \u2013 February\" class=\"wp-image-54940\" \/><figcaption><em>Secondary Market Total Volume \u2013 February<\/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\">Transactions of current loans brought down the Secondary Market as a whole in February. A 30.1% decline in transactions saw current loan transactions total \u20ac229,226. Discounted transactions spurned this trend by growing by 372.7% to \u20ac23,310.<\/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-405.png\" alt=\"Secondary Market current loans \u2013 February\" class=\"wp-image-54946\" \/><figcaption><em>Secondary Market current loans \u2013 February<\/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\">Bucking this month&#8217;s overall trend, overdue loan transactions grew by 10.6% to \u20ac38,217. Similar to current loans, transactions of overdue loans at a discount were higher, up by 17.6% to \u20ac16,258. API transactions almost doubled, coming in at \u20ac8,660 this month compared to \u20ac4,802 last month.<\/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-406.png\" alt=\"Secondary Market overdue loans transactions \u2013 February\" class=\"wp-image-54952\" \/><figcaption><em>Secondary Market overdue loans transactions \u2013 February<\/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\">Defaulted loan transactions totaled \u20ac27,238, declining by 19.0%. While manual transactions fell by 24.6%, API transactions grew by 29.4% to \u20ac4,510. The biggest decline was in manual transactions at a premium, totaling only \u20ac607 in February, down by 92.2%. However, more manual transactions were done at par value, totaling \u20ac6,455 in February, which translates to an astonishing growth rate of 473.2%.<\/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-407.png\" alt=\"Secondary Market defaulted loans transactions \u2013 February\" class=\"wp-image-54958\" \/><figcaption>Secondary Market defaulted loans transactions \u2013 February<\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-cheaper-transactions-on-the-secondary-market\">Cheaper transactions on the Secondary Market?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">While the Secondary Market&#8217;s overall trend was lower in February, another trend stood out. Across market categories, investors were more likely to purchase Secondary Market originations at a discount, while transactions at a premium dropped almost across the board. This is a notable trend to watch in the coming months.<\/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>, or contact an experienced Investor Relations Associate over our Support-Site <a href=\"https:\/\/support.goandgrow.eu\/en\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Secondary Market seesaw continued to swing in February. With a total of \u20ac294,682 in transactions, the Secondary Market fell by 25.6%. This was in contrast to January when it grew by 11.7%. Portfolio Manager transactions had the largest decline, down by 63.2% to \u20ac27,362. Manual transactions also fell drastically, from \u20ac244,520 last month to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":54934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-54933","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\/54933","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=54933"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/54933\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=54933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=54933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=54933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}