{"id":79614,"date":"2021-10-25T10:30:00","date_gmt":"2021-10-25T07:30:00","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=79614"},"modified":"2021-10-25T10:30:00","modified_gmt":"2021-10-25T07:30:00","slug":"portfolio-performance-maintaining-course","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/portfolio-performance-maintaining-course\/","title":{"rendered":"Portfolio Performance Maintaining Course Despite Slight Decline"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">After a positive jump in the Bondora portfolio in <a href=\"https:\/\/www.goandgrow.eu\/blog\/positive-jump-in-bondora-originations-portfolio\/\">August<\/a>, originations had slightly lower return rates as a whole in September. With that being said, Bondora originations still show good returns when compared to their target rates. Read more below:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-726.png\" alt=\"Bondora had a steady portfolio performance in September.\" class=\"wp-image-79615\" \/><figcaption><em>Bondora had a steady portfolio performance in September.<\/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-key-statistics\">Key statistics<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>There was a 0.2% decline in Bondora returns for 2021 originations<\/li><li>Q3 2021 originations returned 9.5%<\/li><li>More Estonian AA and F-rated loans were originated in September than in August<\/li><li>Estonian originations saw better than expected returns for low rating categories and worse than expected returns for higher rating categories<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-yearly-performance\"><a><\/a>Yearly performance<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A 15.4% interest rate on 2021 originations was down 0.2% compared to August. But despite this slight decline, it still holds strong above the target rate of 9.5%. Estonian originations in 2021 showed strength on the month, growing by 0.2% to 18.2%. Finnish originations had the opposite trend, declining by 0.2% to 7.2%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2020 originations were also on the growth path, climbing by 0.2% to 16.7%. This growth was led by Estonian originations, which had a return rate of 21.0% compared to 20.6% last month.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance-Yearly_September.png\" alt=\"Yearly performance \u2013 September 2021\" class=\"wp-image-79621\" \/><figcaption><em>Yearly performance \u2013 September 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Quarterly Performance<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">September marked the first reported return rates for 2021 Q3 originations, coming in at 9.5% compared to their target rate of 8.9%. Additionally, the previous five quarters had higher return rates than last month, with 2020 Q4 originations returning quite well at 21.3%. This is a whopping 10.2% higher than their target rate.<\/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\/Portfolio-Performance_Quarterly_September-397x1024.png\" alt=\"Quarterly performance \u2013 September 2021\" class=\"wp-image-79627\" width=\"397\" height=\"1024\" \/><figcaption><em>Quarterly performance \u2013 September 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Finland<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For the second quarter in a row, only D-rated loans were originated in the Finnish market. However, Q3 had a relatively low return rate of 4.6%, which is below the target of 6.8%. On the flipside, 2021 Q2 originations had a better return rate of 7.7% compared to 7.0% in August.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance_Finland_September.png\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance_Finland_September-419x1024.png\" alt=\"Finland portfolio performance \u2013 September 2021\" class=\"wp-image-79633\" \/><\/a><figcaption><em>Finland portfolio performance \u2013 September 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Estonia<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In the most recent quarter, more AA and F-rated loans were originated by Bondora for Estonian borrowers. Overall, for 2021 Q3, lower-rated originations performed better than higher-rated originations with A, AA, and B-rated originations returning below their target rates. In contrast, C, D, E, and F-rated originations came in above their target rates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One positive thing to note for 2021 Q2 originations was AA-rated originations. After returning \u20113.1% last month, this category jumped into a positive return rate of 0.9% in September. In fact, all 2021 Q2 rating categories had higher return rates than last month.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance_Estonia_September.png\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance_Estonia_September-388x1024.png\" alt=\"Estonia portfolio performance \u2013 September 2021\" class=\"wp-image-79639\" \/><\/a><figcaption><em>Estonia portfolio performance \u2013 September 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Spain<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Both C and HR-rated Spanish originations for 2021 Q3 had 0% return rates. Meanwhile, all 2021 Q1 originations (the most recent quarter originations) were lower than in August. Still, HR-rated originations in the quarter remained above their target rate at 19.9%.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance_Spain_September.png\"><img decoding=\"async\" src=\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/Portfolio-Performance_Spain_September-474x1024.png\" alt=\"Spain portfolio performance \u2013 September 2021\" class=\"wp-image-79645\" \/><\/a><figcaption><em>Spain portfolio performance \u2013 September 2021<\/em><\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Despite having slightly lower return rates in September, Bondora originations are overall still in good standing compared to their target rates. As a whole, Q3 2021 originations had a 9.5% return rate, which is 0.6% above the target. Estonian originations still make up the bulk of the portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a positive jump in the Bondora portfolio in August, originations had slightly lower return rates as a whole in September. With that being said, Bondora originations still show good returns when compared to their target rates. Read more below: Key statistics There was a 0.2% decline in Bondora returns for 2021 originations Q3 2021 [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":79615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[103,106],"class_list":["post-79614","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 &amp; Data"],"category_name":"Stats &amp; Data","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/79614","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=79614"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/79614\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=79614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=79614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=79614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}