{"id":57581,"date":"2021-04-16T10:00:00","date_gmt":"2021-04-16T07:00:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=57581"},"modified":"2021-04-16T10:00:00","modified_gmt":"2021-04-16T07:00:00","slug":"manual-transactions-lead-secondary-market-activity","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/manual-transactions-lead-secondary-market-activity\/","title":{"rendered":"Manual Transactions Lead Secondary Market Activity"},"content":{"rendered":"\n

The Bondora Secondary Market transactions fell for the second consecutive month, down by 8.4% from February<\/u><\/a> to \u20ac269,831.<\/p>\n\n\n\n

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

While total Secondary Market transactions dropped, there was a slight increase in Manual transactions, which totaled \u20ac186,824 in March. This brought the total share of Manual transactions to 69.2%\u2014up from 63.2% in February. Portfolio Manager transactions were lower by 20.1% to \u20ac21,860. API transactions followed suit and declined by 24.5% to \u20ac61,146.<\/p>\n\n\n\n

\"Total
Total volume table \u2013 March 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

Current loans<\/h2>\n\n\n\n

In March, investors transacted \u20ac207,538\u2019s worth of Current loans on the Secondary Market\u2014a decline of 9.5% compared to February. In total, all three product categories (Discount, Par, and Premium) were lower over the month. However, Manual transactions at a Premium continued to rise, hitting \u20ac125,281\u2014a growth rate of 3.9%. Manual transactions at Par value, on the other hand, dropped by 57.7% to \u20ac4,056.<\/p>\n\n\n\n

\"Current
Current loans table \u2013 March 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

Overdue loans<\/h2>\n\n\n\n

API transactions of Overdue loans fell by 57.4% to \u20ac4,035 in March. Manual transactions also fell to \u20ac26,745, indicating a 9.5% decrease. Overall, Overdue transactions declined by 19.5%. As always, there were no Portfolio Manager transactions for Overdue loans.<\/p>\n\n\n\n

\"Overdue
Overdue loans transactions \u2013 March 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

Defaulted loans<\/h2>\n\n\n\n

Defaulted loans bucked this month\u2019s trend by growing 15.7% to \u20ac31,511. Both Manual transactions (up 19.6%) and API transactions (up 3.7%) were higher over the month. The largest category for Defaulted loans continues to be Manual transactions at a Discount, totaling \u20ac21,443, or 68.0% of all Defaulted loan transactions.<\/p>\n\n\n\n

\"Defaulted
Defaulted loans transactions \u2013 March 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

On the decline<\/h2>\n\n\n\n

After many months of going back and forth, the Secondary Market was down for the second month in a row. An 8.4% month-over-month decline as seen this month is not uncommon for a secondary market that tends to fluctuate. Interestingly, defaulted loan transactions rose even as fewer transactions on the market were being made overall.<\/p>\n\n\n\n

Remember, investors should not seek higher returns from buying and selling loans on the Bondora Secondary Market<\/u><\/a>.<\/p>\n\n\n\n

You can learn more about the Bondora Secondary Market here<\/u><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bondora Secondary Market transactions fell for the second consecutive month, down by 8.4% from February to \u20ac269,831. While total Secondary Market transactions dropped, there was a slight increase in Manual transactions, which totaled \u20ac186,824 in March. This brought the total share of Manual transactions to 69.2%\u2014up from 63.2% in February. Portfolio Manager transactions were […]<\/p>\n","protected":false},"author":11,"featured_media":57733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"class_list":["post-57581","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\/57581","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=57581"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/57581\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=57581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=57581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=57581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}