According to the LSTA’s Ted Basta, “Secondary loan trading volume totaled a staggering $102 billion in March, up 24% month-over-month and 45% over the LTM average.
LSTA's secondary loan trading volume totaled a staggering $82.2 billion in February, up 19% month-over-month and 20% over the LTM average of $68.5 billion. February marked the second busiest month ever in the secondary, following the record-setting $119.3 billion of March 2020 (the onset of COVID). Furthermore, February activity came in 3% higher than October...
According the LSTA’s Ted Basta, 2024 annual secondary loan trading volume soared 15% to a near record $821.4 billion, the largest year-over-year increase in a decade. 2023 though, was an off-year as volumes fell 13% to a six-year low of $715 billion. Even still, 2024’s $821 billion in activity came in just $3 billion short
November secondary loan trading volume remained elevated at north of $72 billion. With one month remaining on the trading books, the market is in earshot of 2022’s annual trading record of $824 billion.
