robski
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Post by robski on Aug 14, 2020 16:32:30 GMT
I doubt it, wasnt great money in 5 year today so I expect another low day Did it look around £0.3m? If so, I guess we didn't get to see any of that £1m in A/P/M (yet again). Wonderful. I think probably 200k or so from 5 year was released I dont monitor APM at all as it needs far too much observation of borrower amounts I may be wrong in it being low again but if RYI is a good amount today its not come from 5yr
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aju
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Post by aju on Aug 14, 2020 16:33:23 GMT
@16:52 I just checked the lending volume for this week so far and it's the highest its been since COP Sat 28/3 when it was 10M. At present it's sitting at 8.69M and there are 2 more days yet!. The lending volume figures don't include RYI I believe. One can add the RYI to the LV to get the overall volume for a given week. I know it's early and RYI today has not yet reported unless it has whilst I was writing this. I wonder if next week might be a little slower than this perhaps to compensate or has something else happened or worse has RS given less to RYI, they have looked a little low this week so far. (Hope fully i'm just too early and RYI Fri is going to be better day) I mean, this just supports what I and others have been saying, right? It seems RS has increased new lending somewhat recently, and - given most (if not almost all) of this is coming out of A/P/M - this means much less money for A/P/M RYI processing. Yay for us. (On a side note, I don't think 'adding RYI to the LV' gives you the 'overall volume'. RYIs aren't added 'volume'; they're just transferring a loan from one investor to another, with no change in lending 'volume') I couldn't think of better word than overall volume. Whatever we might call it it seems to edge RYI further away from RL's promise of 50% to both way back at the start. I won;t lose any sleep over it after getting quite a good wad out this week in the 5Y. Sadly I had not noticed the 5Y left £100 in a loan, my fault, so I poked that back onto the queue to be removed.
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chris1200
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Post by chris1200 on Aug 14, 2020 16:37:15 GMT
Did it look around £0.3m? If so, I guess we didn't get to see any of that £1m in A/P/M (yet again). Wonderful. I think probably 200k or so from 5 year was released I dont monitor APM at all as it needs far too much observation of borrower amounts I may be wrong in it being low again but if RYI is a good amount today its not come from 5yr They've already called £0.3m - see above! If it was indeed £0.2m in 5 Year, then at least maybe we had a nibble of the £1m+ that's gone in A/P/M today.
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aju
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Post by aju on Aug 14, 2020 16:37:54 GMT
Did it look around £0.3m? If so, I guess we didn't get to see any of that £1m in A/P/M (yet again). Wonderful. I think probably 200k or so from 5 year was released I dont monitor APM at all as it needs far too much observation of borrower amounts I may be wrong in it being low again but if RYI is a good amount today its not come from 5yr Not far off it came in at 0.3 with an overall of 2.0m for the week, its just above your post. chris beat me !
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robski
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Post by robski on Aug 14, 2020 16:40:46 GMT
I think probably 200k or so from 5 year was released I dont monitor APM at all as it needs far too much observation of borrower amounts I may be wrong in it being low again but if RYI is a good amount today its not come from 5yr They've already called £0.3m - see above! If it was indeed £0.2m in 5 Year, then at least maybe we had a nibble of the £1m+ that's gone in A/P/M today. Yeah I replied to the notification rather than checking the topic It could have all been 5 year, 6% wasnt touched by the looks of it. I cant remember if it was 400k or 300k upto 6%, ive got a feeling it was 300k but I am not paying that much attention now, it seems to be 300-400k most days, i am only looking out for a big number as last time that happened we had the last big RYI amount
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chris1200
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Post by chris1200 on Aug 14, 2020 16:42:38 GMT
They've already called £0.3m - see above! If it was indeed £0.2m in 5 Year, then at least maybe we had a nibble of the £1m+ that's gone in A/P/M today. Yeah I replied to the notification rather than checking the topic It could have all been 5 year, 6% wasnt touched by the looks of it. I cant remember if it was 400k or 300k upto 6%, ive got a feeling it was 300k but I am not paying that much attention now, it seems to be 300-400k most days, i am only looking out for a big number as last time that happened we had the last big RYI amount Fair fair. We wait some more...
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aju
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Post by aju on Aug 14, 2020 16:44:06 GMT
except when it's 0.2M like yesterday ... but that was unusual to be fair
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chris1200
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Post by chris1200 on Aug 14, 2020 16:47:44 GMT
except when it's 0.2M like yesterday ... but that was unusual to be fair I think robski was talking about the amount of available Lender money on the 5 Year market up to 6%
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aju
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Post by aju on Aug 14, 2020 16:53:26 GMT
except when it's 0.2M like yesterday ... but that was unusual to be fair I think robski was talking about the amount of available Lender money on the 5 Year market up to 6% My mistake, apologies robski
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adrian77
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Post by adrian77 on Aug 14, 2020 20:04:09 GMT
disappointing as I was hoping for an upturn and here we have an all-time low ... shows what I know!
looks to me as if all this talk about "clearing" the queue is PR gonads - RS are mainly just letting the queue run-down naturally with a tiny bit of churning As others have said this was never an "acess" account and now that investing is not pouring in as before this account has returned to what it was and should have been described as ; namely fixed term loan contracts - just my opinion...
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adrian77
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Post by adrian77 on Aug 15, 2020 9:22:26 GMT
exactly - one thing I really don't like is PR spin rubbish to try and hide the facts...
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Post by danny101 on Aug 15, 2020 13:26:45 GMT
Under the "terms and conditions" it appears that the only way to get your money back without sufficient liquidity (as what's happening now) is if ratesetter go into wind down. Then "you will be able to access your money, in a controlled way over time which would enable us to continue to service our borrowers" This would occur high charges and could mean anything, we are completely powerless, but on the flip side means no access whatsoever (apart from those of us who know how to manipulate the system). Imagine being at number 16000 in the queue and not knowing this.
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Post by RateSetter on Aug 17, 2020 16:06:17 GMT
Good afternoon everyone. Today we have delivered £0.7m and the full update is below:
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aju
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Post by aju on Aug 18, 2020 15:02:28 GMT
Not sure if anyone is watching but just checked the Lending Volume @16:00, and it would seem nearly 3.42M has been lent/relent since 10:00am this morning. That's quite a hefty lump for a single day for quite a while. The max amount in a single day last week 2M on Wednesday. Last week the biggest day was 1.95M and in 3 more hours than this reading!.
Wonder what the RYI for today will be perhaps. Not long to wait ...
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chris1200
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Post by chris1200 on Aug 18, 2020 15:13:23 GMT
Not sure if anyone is watching but just checked the Lending Volume @16:00, and it would seem nearly 3.42M has been lent/relent since 10:00am this morning. That's quite a hefty lump for a single day for quite a while. The max amount in a single day last week 2M on Wednesday. Last week the biggest day was 1.95M and in 3 more hours than this reading!. Yes, £2.4m was available at the standard going rate in A/P/M this morning. A similar amount was available yesterday, but only some of it was eaten up so much of it stuck around for today. It's now all been eaten up, and more. At one point there were Borrower orders for roughly £2.5m sitting there - by this point, in fact, much more than was available from Lenders. There's still £500k of it left, now sitting at 3.6/4.1/4.6%, having driven up rates due to it hoovering up all those Lender funds. Who knows if any of this went to RYI requests; but, given how much is still waiting to be matched with Lenders, it seems unlikely that much at all was (if any).
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