{"id":72838,"date":"2021-09-14T11:00:00","date_gmt":"2021-09-14T08:00:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=72838"},"modified":"2021-09-14T11:00:00","modified_gmt":"2021-09-14T08:00:00","slug":"secondary-market-transactions-soared-in-august","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/secondary-market-transactions-soared-in-august\/","title":{"rendered":"Secondary Market Transactions Soared in August"},"content":{"rendered":"\n

The Bondora Secondary Market had a complete trend reversal in August. There was an astronomical 107.9% growth compared to July<\/a>. This equates to a total of \u20ac338,235 being transacted on the Secondary Market.<\/p>\n\n\n\n

\"Secondary
Secondary Market Transactions Soared in August.<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

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

The most significant growth factor, by far, was a 1,139.3% increase in Portfolio Manager transactions, which totaled \u20ac51,978. API transactions also increased in a sizable way, up to \u20ac148,949, a 169.4% increase from July. As a result, API transactions overtook Manual transactions as the most-used investment product on the Secondary Market. Manual transactions also were higher on the month, up 33.0%.<\/p>\n\n\n\n

\"Secondary
Secondary Market total volume \u2013 August<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

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

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

Investors opted to pay a premium for Bondora current loans on the Secondary Market. There was a 35.5% increase in premium current loan transactions and a 546.6% increase in transactions at par value.<\/p>\n\n\n\n

\"Secondary
Secondary Market current loans \u2013 August<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

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

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

Transactions of overdue loans were higher in August, but not as significant as the overall increase in Secondary Market transactions. A total of \u20ac24,007 in overdue loans was transacted\u2014a 23.9% increase month-over-month. The biggest increase came from transactions at par value, which was higher by 141.4% to \u20ac12,743.<\/p>\n\n\n\n

\"Secondary
Secondary Market overdue loan transactions \u2013 August<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

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

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

A total of \u20ac17,124 defaulted loans was transacted in August, up by 22.6% from July. Interestingly, investors transacted \u20ac2,414 for defaulted loans at a premium, an enormous 1,311.7% increase from the previous month.<\/p>\n\n\n\n

\"Secondary
Secondary Market defaulted loan transactions \u2013 August<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

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

Investors charged back to the Secondary Market<\/h2>\n\n\n\n

The Bondora Secondary Market had experienced a steady decline in transactions for several months as investors gravitated toward the steady and hands-off investing of Go & Grow. However, August saw a complete trend reversal, with a 107.9% increase in total Secondary Market transactions. At \u20ac148,949, API transactions were the most popular. Meanwhile, Portfolio Manager transactions increased by 1,139.3%, leading to the revival of the Secondary Market.<\/p>\n\n\n\n

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

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

The Bondora Secondary Market had a complete trend reversal in August. There was an astronomical 107.9% growth compared to July. This equates to a total of \u20ac338,235 being transacted on the Secondary Market. The most significant growth factor, by far, was a 1,139.3% increase in Portfolio Manager transactions, which totaled \u20ac51,978. API transactions also increased […]<\/p>\n","protected":false},"author":11,"featured_media":72839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[103,106],"class_list":["post-72838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats-and-data","tag-english","tag-marketpricing"],"acf":[],"featured_image":null,"categories_names":["Stats & Data"],"category_name":"Stats & Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/72838","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=72838"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/72838\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=72838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=72838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=72838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}