{"id":26349,"date":"2023-12-07T02:33:03","date_gmt":"2023-12-07T02:33:03","guid":{"rendered":"https:\/\/masterskills.org\/blog\/thi-truong-tai-chinh-so-cap-primary-financial-market-la-gi-chuc-nang-co-ban.html"},"modified":"2023-12-22T14:38:00","modified_gmt":"2023-12-22T07:38:00","slug":"thi-truong-tai-chinh-so-cap-primary-financial-market-la-gi-chuc-nang-co-ban","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/thi-truong-tai-chinh-so-cap-primary-financial-market-la-gi-chuc-nang-co-ban.html","title":{"rendered":"Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p (Primary financial market) l\u00e0 g\u00ec? Ch\u1ee9c n\u0103ng c\u01a1 b\u1ea3n"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<div class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div>\n<div class=\"PhotoCMS_Caption\">\n<p>H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: Capital<\/p>\n<\/div>\n<\/div>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p (Primary financial market)<\/font><\/h2>\n<p><b>Kh\u00e1i ni\u1ec7m<\/b><\/p>\n<p><b>Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p<\/b> trong ti\u1ebfng anh l\u00e0 <b>Primary financial market.<\/b><\/p>\n<p><b>Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p<\/b>, hay c\u00f2n g\u1ecdi l\u00e0 th\u1ecb tr\u01b0\u1eddng c\u1ea5p m\u1ed9t, l\u00e0 th\u1ecb tr\u01b0\u1eddng ph\u00e1t h\u00e0nh c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh. Tr\u00ean th\u1ecb tr\u01b0\u1eddng n\u00e0y, v\u1ed1n t\u1eeb nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c chuy\u1ec3n sang nh\u00e0 ph\u00e1t h\u00e0nh th\u00f4ng qua vi\u1ec7c nh\u00e0 \u0111\u1ea7u t\u01b0 mua c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh m\u1edbi ph\u00e1t h\u00e0nh.<\/p>\n<div class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div>\n<div class=\"PhotoCMS_Caption\">\n<p>H\u00ecnh 1. Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p<\/p>\n<\/div>\n<\/div>\n<p><b>Ng\u01b0\u1eddi ph\u00e1t h\u00e0nh c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh<\/b><\/p>\n<p>Nh\u00e0 ph\u00e1t h\u00e0nh \u1edf \u0111\u00e2y c\u00f3 th\u1ec3 l\u00e0 c\u00e1c doanh nghi\u1ec7p, c\u00f3 th\u1ec3 l\u00e0 ng\u00e2n h\u00e0ng v\u00e0 c\u0169ng c\u00f3 th\u1ec3 l\u00e0 nh\u00e0 n\u01b0\u1edbc. Khi doanh nghi\u1ec7p mu\u1ed1n huy \u0111\u1ed9ng v\u1ed1n cho m\u1ed9t d\u1ef1 \u00e1n \u0111\u1ea7u t\u01b0, doanh nghi\u1ec7p c\u00f3 th\u1ec3 ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu ho\u1eb7c tr\u00e1i phi\u1ebfu v\u00e0 giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng s\u01a1 c\u1ea5p.<\/p>\n<p>T\u01b0\u01a1ng t\u1ef1, khi ch\u00ednh ph\u1ee7 th\u1ef1c hi\u1ec7n ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu \u0111\u1ec3 t\u00e0i tr\u1ee3 cho c\u00e1c nhu c\u1ea7u chi ti\u00eau c\u1ee7a m\u00ecnh th\u00ec h\u00e0nh vi ph\u00e1t h\u00e0nh \u0111\u00f3 c\u0169ng s\u1ebd \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n tr\u00ean th\u1ecb tr\u01b0\u1eddng s\u01a1 c\u1ea5p. \u0110\u1eb7c \u0111i\u1ec3m quan tr\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng s\u01a1 c\u1ea5p l\u00e0 t\u00ednh kh\u00f4ng li\u00ean t\u1ee5c v\u00e0 gi\u00e1 c\u1ea3 ban \u0111\u1ea7u c\u1ee7a t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh b\u1ecb thi\u1ebft \u0111\u1ecbnh nhi\u1ec1u h\u01a1n l\u00e0 do th\u1ecb tr\u01b0\u1eddng t\u1ef1 x\u00e1c \u0111\u1ecbnh, n\u1ebfu nh\u01b0 c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh kh\u00f4ng ph\u00e1t h\u00e0nh th\u00f4ng qua vi\u1ec7c g\u1ecdi \u0111\u1ea5u th\u1ea7u hay b\u1eb1ng ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea5u gi\u00e1. <i>(Blake, 2001)<\/i><\/p>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Ch\u1ee9c n\u0103ng c\u01a1 b\u1ea3n<\/font><\/h2>\n<p>Ch\u1ee9c n\u0103ng c\u01a1 b\u1ea3n c\u1ee7a\u00a0<b>th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p<\/b> l\u00e0 huy \u0111\u1ed9ng v\u1ed1n t\u00e0i ch\u00ednh \u0111\u1ec3 h\u1ed7 tr\u1ee3 cho vi\u1ec7c \u0111\u1ea7u t\u01b0 m\u1edbi v\u00e0o nh\u00e0 x\u01b0\u1edfng, thi\u1ebft b\u1ecb v\u00e0 h\u00e0ng th\u00f4ng qua vi\u1ec7c ph\u00e1t h\u00e0nh c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh m\u1edbi.<\/p>\n<p>V\u1edbi ch\u1ee9c n\u0103ng \u0111\u00f3,\u00a0th\u1ecb tr\u01b0\u1eddng s\u01a1 c\u1ea5p \u0111\u00e3 c\u00f3 vai tr\u00f2 quan tr\u1ecdng, th\u1ef1c hi\u1ec7n qu\u00e1 tr\u00ecnh chu chuy\u1ec3n t\u00e0i ch\u00ednh tr\u1ef1c ti\u1ebfp, \u0111\u01b0a c\u00e1c kho\u1ea3n ti\u1ec1n nh\u00e0n r\u1ed7i trong n\u1ec1n kinh t\u1ebf v\u00e0o \u0111\u1ea7u t\u01b0, ch\u1ee9ng kho\u00e1n h\u00f3a c\u00e1c kho\u1ea3n ngu\u1ed3n v\u1ed1n c\u1ea7n huy \u0111\u1ed9ng, l\u00e0 n\u01a1i duy nh\u1ea5t m\u00e0 c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh \u0111em l\u1ea1i v\u1ed1n cho ng\u01b0\u1eddi ph\u00e1t h\u00e0nh.<\/p>\n<p><i>(T\u00e0i li\u1ec7u tham kh\u1ea3o: Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 c\u00e1c \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh, NXB Kinh t\u1ebf Th\u00e0nh ph\u1ed1 H\u1ed3 Ch\u00ed Minh)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p (ti\u1ebfng Anh: Primary financial market), hay c\u00f2n g\u1ecdi l\u00e0 th\u1ecb tr\u01b0\u1eddng c\u1ea5p m\u1ed9t, l\u00e0 th\u1ecb tr\u01b0\u1eddng ph\u00e1t h\u00e0nh c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh. Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh s\u01a1 c\u1ea5p c\u0169ng c\u00f3 ch\u1ee9c n\u0103ng c\u01a1 b\u1ea3n c\u1ee7a n\u00f3.\n                        <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[414],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/26349"}],"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=26349"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/26349\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=26349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=26349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=26349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}