After a decrease in secondary market transactions in June, July saw a more active secondary market on Bondora. Secondary market transactions totalled €750,978 in July, an increase of 26.1% over the previous month. All product categories saw a rise in transactions, with API transactions growing 62.4%, Manual transactions up 26.2%, and Portfolio Manager transactions higher by 7.3%.

Secondary Market total volume - July 2019

Current Loans

Current loan transactions, which were up to a total of €701,302 in July, claiming 93.4% of all secondary market transactions. 65.9% of these transactions were done at par value, with another 32.5% transacted at a premium. API current loan transactions rose the highest, up 62.3% to €211,340.

Secondary Market current loans - July 2019

Overdue Loans

Secondary market transactions of overdue loans rose slightly to €26,079 on the month. Still, overdue loans only accounted for 3.5% of all secondary market transactions.

Secondary Market overdue loans - July 2019

Defaulted Loans

Transactions of defaulted loans actually dropped slightly in July by 8.8% down to €23,596, which also accounted for about 3.5% of Bondora secondary market transactions.

Secondary Market Defaulted loans - July 2019

Conclusion

A rise in total Bondora originations also gave way to a more active secondary market in July. Still, secondary market transactions have been lower in the summer months, and could pick back up again once investors have more time to devote to the market.

As always, investing in the secondary market can be risky, and you should always learn as much as possible before attempting to buy and sell loans on the secondary market. 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]