Records are made to be broken, and according to LSTA’s 2Q25 Trade Data Study, they were once again. Second quarter secondary loan trading volume surged to a fresh record $262 billion, 3.4% higher than the first quarter’s previous high and an astonishing 26% above the same time last year.
LSTA Secondary Trading Monthly- April 2025 Executive Summary: Secondary Loan Trading Volumes Spike Again Alongside Higher Volatility As market volatility spiked higher in April, LSTA secondary loan trading volume surged again above $100 billion. April activity ran north of $109 billion, a 6% increase over March’s $103 billion and 47% above the $70 billion LTM...
As market volatility spiked higher in April, LSTA secondary loan trading volume surged again above $100 billion. April activity ran north of $109 billion, a 6% increase over March’s $103 billion and 47% above the $70 billion LTM average (through February)....
As market volatility spiked higher in April, LSTA secondary loan trading volume surged again above $100 billion. April activity ran north of $109 billion, a 6% increase over March’s $103 billion and 47% above the $70 billion LTM average (through February). March and April activity marked the second and third busiest months ever in the...