What is the secondary market and how does it work?

The secondary market is the mechanism which allows investors to sell the loan parts in which they are invested. Landbay automatically sells loan parts on the secondary market to new investors when you request to sell your loan parts via the Portfolio section of your account.

However, the secondary market cannot provide a guarantee that loan parts will be sold as it depends on new investment inflows.

Under ordinary market conditions, the secondary market typically sells loan parts with a few days. The proceeds from the sale of loan parts are credited to your cash balance. 

To learn how to add loan parts to the secondary market please click here.

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