Secondary market transactions were up slightly compared to September. There was a total of €765,863 transacted on the Bondora secondary market in October, up 0.8% from the month before. While both API and Portfolio Manager transactions were both down, manual transactions were up by 14.1% to €322,274.

Sec Market total volume Oct 2019

Current Loans

In total, current loan transactions were down on the month to €695,283. Portfolio Manager transactions fell by 9.8%, while manual transactions counterbalanced this with a 10.9% gain.

Sec Market current loans Oct 2019

Overdue Loans

Overdue loan transactions were the only category with more volume in October, totaling €48,002 on the month, a gain of 53.3%. Manual transactions accounted for 91.4% of all overdue loan transactions in October.

Sec Market overdue loans Oct 2019

Defaulted Loans

Transactions of defaulted loans were relatively unchanged on the month, coming in at €22,577, slightly lower than the €23,394 transaction volume of September. This is the third straight month of almost identical defaulted loan transactions.

Sec Market defaulted loans Oct 2019

A steady market

The Bondora secondary market did not see much changes from a month ago. Manual transactions bucked the trend by increasing over 14%, showing the willingness of investors to seek out secondary market transactions on their own.

Always remember, investors should not seek higher returns from buying and selling loans on the Bondora secondary market.

You can learn more about the Bondora secondary market here, or contact an experienced Investor Relations Associate at [email protected]