{"id":21366,"date":"2023-12-06T02:40:07","date_gmt":"2023-12-06T02:40:07","guid":{"rendered":"https:\/\/masterskills.org\/blog\/corporate-bond-la-gi-loi-ich-va-rui-ro-doi-voi-nha-dau-tu.html"},"modified":"2023-12-22T04:54:53","modified_gmt":"2023-12-21T21:54:53","slug":"corporate-bond-la-gi-loi-ich-va-rui-ro-doi-voi-nha-dau-tu","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/corporate-bond-la-gi-loi-ich-va-rui-ro-doi-voi-nha-dau-tu.html","title":{"rendered":"Corporate bond l\u00e0 g\u00ec? L\u1ee3i \u00edch v\u00e0 r\u1ee7i ro \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0"},"content":{"rendered":"
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Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p (Corporate bond) l\u00e0 m\u1ed9t k\u00eanh \u0111\u1ea7u t\u01b0 kh\u00e1 ph\u1ed5 bi\u1ebfn v\u00e0 \u0111em l\u1ea1i l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh cho nh\u00e0 \u0111\u1ea7u t\u01b0. V\u00ec l\u00fd do n\u00e0y m\u00e0 Corporate bond \u0111ang tr\u1edf th\u00e0nh m\u1ed9t h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c \u01b0a chu\u1ed9ng t\u1ea1i Vi\u1ec7t Nam n\u00f3i ri\u00eang v\u00e0 to\u00e0n th\u1ebf gi\u1edbi n\u00f3i chung. V\u1eady, Corporate bond l\u00e0 g\u00ec? H\u00e3y c\u00f9ng t\u00ecm hi\u1ec3u ngay trong b\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y.<\/p>\n

Corporate bond l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n
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\u201cCorporate bond c\u00f3 ngh\u0129a l\u00e0 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, l\u00e0 m\u1ed9t lo\u1ea1i tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c doanh nghi\u1ec7p ph\u00e1t h\u00e0nh \u0111\u1ec3 huy \u0111\u1ed9ng v\u1ed1n.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n

C\u0103n c\u1ee9 theo Ngh\u1ecb \u0111\u1ecbnh 163\/\/N\u0110-CP, corporate bond l\u00e0 lo\u1ea1i ch\u1ee9ng kho\u00e1n c\u00f3 k\u00ec h\u1ea1n t\u1eeb 01 n\u0103m tr\u1edf l\u00ean do doanh nghi\u1ec7p ph\u00e1t h\u00e0nh, x\u00e1c nh\u1eadn ngh\u0129a v\u1ee5 tr\u1ea3 n\u1ee3 g\u1ed1c, l\u00e3i v\u00e0 c\u00e1c ngh\u0129a v\u1ee5 kh\u00e1c (n\u1ebfu c\u00f3) c\u1ee7a doanh nghi\u1ec7p \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1edf h\u1eefu tr\u00e1i phi\u1ebfu. Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p c\u00f3 h\u00ecnh th\u1ee9c ph\u00e1t h\u00e0nh kh\u00e1 gi\u1ed1ng v\u1edbi c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7, ch\u1ee7 y\u1ebfu \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh d\u01b0\u1edbi 3 h\u00ecnh th\u1ee9c: ch\u1ee9ng ch\u1ec9, b\u00fat to\u00e1n ghi s\u1ed5 ho\u1eb7c d\u1eef li\u1ec7u \u0111i\u1ec7n t\u1eed. \u0110\u00e2y c\u0169ng l\u00e0 m\u1ed9t h\u00ecnh th\u1ee9c huy \u0111\u1ed9ng v\u1ed1n kh\u00e1 ph\u1ed5 bi\u1ebfn, th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng b\u1edfi c\u00e1c c\u01a1 quan nh\u00e0 n\u01b0\u1edbc v\u00e0 doanh nghi\u1ec7p.<\/p>\n

C\u00f3 nhi\u1ec1u lo\u1ea1i tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, ch\u1eb3ng h\u1ea1n nh\u01b0 tr\u00e1i phi\u1ebfu ng\u1eafn h\u1ea1n c\u00f3 th\u1eddi gian \u0111\u00e1o h\u1ea1n t\u1eeb 5 n\u0103m tr\u1edf xu\u1ed1ng, tr\u00e1i phi\u1ebfu trung h\u1ea1n c\u00f3 th\u1eddi gian \u0111\u00e1o h\u1ea1n t\u1eeb 5 \u0111\u1ebfn 12 n\u0103m v\u00e0 tr\u00e1i phi\u1ebfu d\u00e0i h\u1ea1n c\u00f3 th\u1eddi h\u1ea1n tr\u00ean 12 n\u0103m.<\/p>\n

B\u1ea3n ch\u1ea5t c\u1ee7a Corporate bond<\/strong><\/span><\/h2>\n

V\u1ec1 b\u1ea3n ch\u1ea5t, tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p ch\u00ednh l\u00e0 m\u1ed9t kho\u1ea3n vay c\u00f3 k\u1ef3 h\u1ea1n. Trong \u0111\u00f3, ng\u01b0\u1eddi mua tr\u00e1i phi\u1ebfu l\u00e0 tr\u00e1i ch\u1ee7, c\u00f2n b\u00ean ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu l\u00e0 ng\u01b0\u1eddi vay.<\/p>\n

Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u0111\u01b0\u1ee3c c\u00e1c c\u00f4ng ty ph\u00e1t h\u00e0nh v\u1edbi m\u1ee5c \u0111\u00edch huy \u0111\u1ed9ng th\u00eam v\u1ed1n t\u1eeb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00ean ngo\u00e0i. C\u00e1c c\u00f4ng ty s\u1ebd s\u1eed d\u1ee5ng s\u1ed1 ti\u1ec1n thu \u0111\u01b0\u1ee3c t\u1eeb vi\u1ec7c b\u00e1n tr\u00e1i phi\u1ebfu \u0111\u1ec3 t\u00e1i \u0111\u1ea7u t\u01b0 v\u00e0o ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a h\u1ecd, \u0111\u1ec3 mua l\u1ea1i c\u00e1c c\u00f4ng ty kh\u00e1c, th\u1eadm ch\u00ed l\u00e0 \u0111\u1ec3 tr\u1ea3 nh\u1eefng kho\u1ea3n vay c\u0169.<\/p>\n

\u0110\u1ec3 l\u00e0m \u0111\u01b0\u1ee3c \u0111i\u1ec1u n\u00e0y, thay v\u00ec ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu c\u00e1c doanh nghi\u1ec7p c\u0169ng c\u00f3 th\u1ec3 l\u1ef1a ch\u1ecdn gi\u1ea3i ph\u00e1p t\u0103ng v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu b\u1eb1ng c\u00e1ch ph\u00e1t h\u00e0nh v\u00e0 b\u00e1n c\u1ed5 phi\u1ebfu. Tuy nhi\u00ean, \u0111\u00e2y l\u00e0 m\u1ed9t qu\u00e1 tr\u00ecnh d\u00e0i v\u1edbi nh\u1eefng th\u1ee7 t\u1ee5c ph\u1ee9c t\u1ea1p v\u00e0 c\u0169ng r\u1ea5t t\u1ed1n k\u00e9m. Do \u0111\u00f3, b\u00e1n tr\u00e1i phi\u1ebfu l\u00e0 l\u1ef1a ch\u1ecdn ph\u1ed5 bi\u1ebfn c\u1ee7a c\u00e1c doanh nghi\u1ec7p v\u00ec th\u1ee7 t\u1ee5c d\u1ec5 d\u00e0ng h\u01a1n v\u00e0 c\u0169ng l\u00e0 c\u00e1ch nhanh h\u01a1n \u0111\u1ec3 huy \u0111\u1ed9ng v\u1ed1n v\u00e0 m\u1edf r\u1ed9ng c\u00f4ng ty.<\/p>\n

L\u1ee3i \u00edch v\u00e0 r\u1ee7i ro c\u1ee7a Corporate bond \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0<\/strong><\/span><\/h2>\n

Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p th\u01b0\u1eddng c\u00f3 m\u1ee9c \u0111\u1ed9 r\u1ee7i ro cao h\u01a1n so v\u1edbi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 v\u00e0 th\u1ea5p h\u01a1n so v\u1edbi \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu b\u1edfi v\u00ec tr\u00e1i ch\u1ee7 s\u1ebd \u0111\u01b0\u1ee3c \u01b0u ti\u00ean thanh to\u00e1n n\u1ee3 tr\u01b0\u1edbc trong tr\u01b0\u1eddng h\u1ee3p c\u00f4ng ty \u0111i \u0111\u1ebfn c\u1ea3nh ph\u00e1 s\u1ea3n ho\u1eb7c gi\u1ea3i th\u1ec3. Tuy nhi\u00ean, r\u1ee7i ro c\u00e0ng cao th\u00ec l\u1ee3i t\u1ee9c m\u00e0 c\u00f4ng ty ph\u1ea3i \u0111\u01b0a ra c\u00e0ng cao. Hi\u1ec7n nay, s\u1ed1 l\u01b0\u1ee3ng nh\u00e0 \u0111\u1ea7u t\u01b0 tham gia \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p ng\u00e0y m\u1ed9t t\u0103ng \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c h\u1ecd nh\u1eadn \u0111\u01b0\u1ee3c kh\u00f4ng \u00edt l\u1ee3i \u00edch t\u1eeb k\u00eanh \u0111\u1ea7u t\u01b0 n\u00e0y.<\/p>\n

Gi\u1ed1ng nh\u01b0 t\u1ea5t c\u1ea3 c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu kh\u00e1c, tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p s\u1ebd chi tr\u1ea3 cho tr\u00e1i ch\u1ee7 m\u1ed9t m\u1ee9c l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh. N\u1ebfu b\u1ea1n gi\u1eef tr\u00e1i phi\u1ebfu \u0111\u1ebfn ng\u00e0y \u0111\u00e1o h\u1ea1n, b\u1ea1n s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c ti\u1ec1n g\u1ed1c c\u1ed9ng v\u1edbi t\u1ea5t c\u1ea3 c\u00e1c kho\u1ea3n l\u00e3i v\u00e0 \u0111\u00f3 c\u0169ng ch\u00ednh l\u00e0 l\u1ee3i nhu\u1eadn m\u00e0 b\u1ea1n s\u1ebd thu \u0111\u01b0\u1ee3c t\u1eeb tr\u00e1i phi\u1ebfu.<\/p>\n

Hi\u1ec3n nhi\u00ean, l\u00e3i su\u1ea5t h\u00e0ng th\u00e1ng t\u1eeb tr\u00e1i phi\u1ebfu s\u1ebd cao h\u01a1n r\u1ea5t nhi\u1ec1u so v\u1edbi l\u00e3i su\u1ea5t ti\u1ebft ki\u1ec7m c\u1ee7a ng\u00e2n h\u00e0ng. Quan tr\u1ecdng l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng kho\u1ea3n l\u00e3i su\u1ea5t \u0111\u1ecbnh k\u1ef3 n\u00e0y \u0111\u1ec3 t\u00e1i \u0111\u1ea7u t\u01b0 v\u00e0 ki\u1ebfm th\u00eam l\u1ee3i nhu\u1eadn.<\/p>\n

Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p \u0111em l\u1ea1i nhi\u1ec1u \u00edch l\u1ee3i nh\u01b0ng \u0111\u1ed3ng th\u1eddi c\u0169ng \u0111i k\u00e8m v\u1edbi m\u1ed9t v\u00e0i r\u1ee7i ro m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n ph\u1ea3i l\u01b0u \u00fd. H\u00e3y c\u00f9ng t\u00ecm hi\u1ec3u c\u00e1c r\u1ee7i ro c\u1ee7a corporate bond l\u00e0 g\u00ec nh\u00e9.<\/p>\n

Th\u1ee9 nh\u1ea5t: N\u1ebfu b\u1ea1n b\u00e1n tr\u00e1i phi\u1ebfu tr\u01b0\u1edbc khi \u0111\u00e1o h\u1ea1n, b\u1ea1n c\u00f3 th\u1ec3 kh\u00f4ng nh\u1eadn l\u1ea1i \u0111\u01b0\u1ee3c s\u1ed1 ti\u1ec1n \u0111\u00fang v\u1edbi m\u1ee9c gi\u00e1 m\u00e0 b\u1ea1n \u0111\u00e3 mua n\u00f3. Gi\u00e1 tr\u1ecb tr\u00e1i phi\u1ebfu c\u1ee7a b\u1ea1n s\u1ebd gi\u1ea3m xu\u1ed1ng n\u1ebfu l\u00e3i su\u1ea5t c\u1ee7a c\u00e1c tr\u00e1i phi\u1ebfu kh\u00e1c t\u0103ng l\u00ean. Trong tr\u01b0\u1eddng h\u1ee3p \u0111\u00f3, t\u1ed5ng l\u1ee3i nhu\u1eadn c\u1ee7a b\u1ea1n c\u0169ng s\u1ebd gi\u1ea3m xu\u1ed1ng.<\/p>\n

Th\u1ee9 2: R\u1ee7i ro ch\u00ednh c\u1ee7a tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p l\u00e0 r\u1ee7i ro t\u00edn d\u1ee5ng. N\u1ebfu t\u1ed5 ch\u1ee9c ph\u00e1t h\u00e0nh ng\u1eebng ho\u1ea1t \u0111\u1ed9ng, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 kh\u00f4ng nh\u1eadn \u0111\u01b0\u1ee3c c\u00e1c kho\u1ea3n thanh to\u00e1n l\u00e3i su\u1ea5t ho\u1eb7c nh\u1eadn l\u1ea1i ti\u1ec1n g\u1ed1c c\u1ee7a m\u00ecnh. \u0110i\u1ec1u \u0111\u00f3 \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c b\u1ea1n ph\u1ea3i s\u1eb5n s\u00e0ng \u0111\u1ed1i di\u1ec7n v\u1edbi nguy c\u01a1 doanh nghi\u1ec7p ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu kh\u00f4ng ho\u00e0n th\u00e0nh \u0111\u1ea7y \u0111\u1ee7 ngh\u0129a v\u1ee5 thanh to\u00e1n g\u1ed1c v\u00e0 l\u00e3i nh\u01b0 \u0111\u00e3 cam k\u1ebft.<\/p>\n

Th\u1ee9 3: R\u1ee7i ro s\u1ef1 ki\u1ec7n. C\u00e1c c\u00f4ng ty ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi nh\u1eefng r\u1ee7i ro kh\u00f4ng l\u01b0\u1eddng tr\u01b0\u1edbc l\u00e0m gi\u1ea3m kh\u1ea3 n\u0103ng t\u1ea1o ra d\u00f2ng ti\u1ec1n c\u1ee7a h\u1ecd. C\u00e1c kho\u1ea3n thanh to\u00e1n l\u00e3i ho\u1eb7c tr\u1ea3 n\u1ee3 g\u1ed1c li\u00ean quan \u0111\u1ebfn tr\u00e1i phi\u1ebfu ph\u1ee5 thu\u1ed9c v\u00e0o kh\u1ea3 n\u0103ng c\u1ee7a nh\u00e0 ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu trong vi\u1ec7c t\u1ea1o ra d\u00f2ng ti\u1ec1n.<\/p>\n

Th\u1ee9 4: B\u1ea1n c\u00f3 th\u1ec3 ch\u01b0a b\u00e1n \u0111\u01b0\u1ee3c tr\u00e1i phi\u1ebfu v\u1edbi l\u1ee3i nhu\u1eadn mong mu\u1ed1n ngay khi b\u1ea1n c\u1ea7n b\u1edfi v\u00ec l\u1ee3i nhu\u1eadn c\u1ee7a tr\u00e1i phi\u1ebfu ph\u1ee5 thu\u1ed9c v\u00e0o th\u1ecb tr\u01b0\u1eddng v\u00e0 kh\u1ea3 n\u0103ng kinh doanh c\u1ee7a doanh nghi\u1ec7p.<\/p>\n

M\u1eb7c d\u00f9 t\u1ed3n t\u1ea1i kh\u00e1 nhi\u1ec1u r\u1ee7i ro l\u00e0 v\u1eady nh\u01b0ng Corporate bond v\u1eabn ch\u01b0a c\u00f3 d\u1ea5u hi\u1ec7u h\u1ea1 nhi\u1ec7t v\u00e0 kh\u00f4ng ng\u1eebng thu h\u00fat c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u1edfi l\u1ebd b\u1ea5t c\u1ee9 k\u00eanh \u0111\u1ea7u t\u01b0 n\u00e0o c\u00f3 kh\u1ea3 n\u0103ng sinh l\u1eddi cao th\u00ec nh\u1ea5t \u0111\u1ecbnh \u0111\u1ec1u t\u1ed3n t\u1ea1i nh\u1eefng r\u1ee7i ro t\u01b0\u01a1ng \u1ee9ng.<\/p>\n

Vi\u1ec7c trang b\u1ecb ki\u1ebfn th\u1ee9c \u0111\u1ea7y \u0111\u1ee7 v\u1ec1 tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p s\u1ebd gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 h\u1ea1n ch\u1ebf \u0111\u01b0\u1ee3c m\u1ed9t s\u1ed1 r\u1ee7i ro nh\u1ea5t \u0111\u1ecbnh, l\u1ef1a ch\u1ecdn \u0111\u00fang doanh nghi\u1ec7p ti\u1ec1m n\u0103ng \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o tr\u00e1i phi\u1ebfu v\u00e0 thu v\u1ec1 l\u1ee3i nhu\u1eadn kh\u1ed5ng l\u1ed3. Hy v\u1ecdng r\u1eb1ng nh\u1eefng chia s\u1ebb v\u1ec1 corporate bond l\u00e0 g\u00ec tr\u00ean \u0111\u00e2y \u0111\u00e3 cung c\u1ea5p cho b\u1ea1n \u0111\u1ecdc nh\u1eefng th\u00f4ng tin b\u1ed5 \u00edch. Xin ch\u00e0o v\u00e0 h\u1eb9n g\u1eb7p l\u1ea1i trong nh\u1eefng b\u00e0i vi\u1ebft ti\u1ebfp theo!<\/p>\n

Trang \u0110o\u00e0n<\/strong><\/p>\n

<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p (Corporate bond) l\u00e0 m\u1ed9t k\u00eanh \u0111\u1ea7u t\u01b0 kh\u00e1 ph\u1ed5 bi\u1ebfn v\u00e0 \u0111em l\u1ea1i l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh cho nh\u00e0 \u0111\u1ea7u t\u01b0. V\u00ec l\u00fd do n\u00e0y m\u00e0 Corporate bond \u0111ang tr\u1edf th\u00e0nh m\u1ed9t h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c \u01b0a chu\u1ed9ng t\u1ea1i Vi\u1ec7t Nam n\u00f3i ri\u00eang v\u00e0 to\u00e0n th\u1ebf gi\u1edbi n\u00f3i chung. V\u1eady, Corporate bond l\u00e0 g\u00ec? H\u00e3y c\u00f9ng t\u00ecm hi\u1ec3u ngay trong b\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21366"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=21366"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21366\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=21366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=21366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=21366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}