{"id":30057,"date":"2023-12-07T08:54:49","date_gmt":"2023-12-07T08:54:49","guid":{"rendered":"https:\/\/masterskills.org\/blog\/loi-suat-trai-phieu-xau-nhat-yield-to-worst-ytw-la-gi-dac-diem-loi-suat-trai-phieu-xau-nhat.html"},"modified":"2023-12-23T06:11:28","modified_gmt":"2023-12-22T23:11:28","slug":"loi-suat-trai-phieu-xau-nhat-yield-to-worst-ytw-la-gi-dac-diem-loi-suat-trai-phieu-xau-nhat","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/loi-suat-trai-phieu-xau-nhat-yield-to-worst-ytw-la-gi-dac-diem-loi-suat-trai-phieu-xau-nhat.html","title":{"rendered":"L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (Yield to Worst – YTW) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Investopedia<\/p>\n<\/figcaption><\/figure>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t <\/b>trong ti\u00ea\u0301ng Anh la\u0300 Yield to Worst – YTW.<\/b><\/p>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW)<\/b> l\u00e0 th\u01b0\u1edbc \u0111o l\u1ee3i su\u1ea5t th\u1ea5p nh\u1ea5t m\u00e0 tr\u00e1i ch\u1ee7 c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb m\u1ed9t tr\u00e1i phi\u1ebfu c\u00f3 c\u00e1c \u0111i\u1ec1u kho\u1ea3n h\u1ee3p \u0111\u1ed3ng ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7y \u0111\u1ee7, v\u00e0\u00a0ch\u1ee7 th\u1ec3 ph\u00e1t h\u00e0nh\u00a0kh\u00f4ng m\u1ea5t kh\u1ea3 n\u0103ng thanh to\u00e1n.\u00a0<\/p>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW) l\u00e0 lo\u1ea1i l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu th\u01b0\u1eddng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0 t\u1ec9 l\u1ec7\u00a0tham chi\u1ebfu\u00a0cho c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu c\u00f3 \u0111\u00ednh k\u00e8m c\u00e1c \u0111i\u1ec1u kho\u1ea3n cho ph\u00e9p nh\u00e0 ph\u00e1t h\u00e0nh \u0111\u00f3ng h\u1ee3p \u0111\u1ed3ng s\u1edbm h\u01a1n th\u1eddi gian \u0111\u00e1o h\u1ea1n.<\/p>\n

Th\u00f4ng s\u1ed1 n\u00e0y \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 c\u00e1c k\u1ecbch b\u1ea3n x\u1ea5u nh\u1ea5t c\u00f3 th\u1ec3 x\u1ea3y ra, v\u1ec1 m\u1eb7t l\u1ee3i su\u1ea5t, t\u1ea1i ng\u00e0y s\u1edbm nh\u1ea5t c\u00f4ng ty ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 \u0111\u00f3ng h\u1ee3p \u0111\u1ed3ng.<\/i><\/p>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW) gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ea3n l\u00ed r\u1ee7i ro, v\u00e0 \u0111\u1ea3m b\u1ea3o r\u1eb1ng m\u1ed9t s\u1ed1 m\u1ee5c ti\u00eau thu nh\u1eadp c\u1ee5 th\u1ec3 s\u1ebd v\u1eabn \u0111\u01b0\u1ee3c \u0111\u00e1p \u1ee9ng ngay c\u1ea3 trong c\u00e1c t\u00ecnh hu\u1ed1ng x\u1ea5u nh\u1ea5t x\u1ea3y ra. \u00a0 \u00a0\u00a0<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t\u00a0<\/font><\/h3>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW)<\/b> tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c t\u00ednh d\u1ef1a tr\u00ean ng\u00e0y thu h\u1ed3i tr\u00e1i phi\u1ebfu ho\u1eb7c ng\u00e0y \u0111\u00f3ng h\u1ee3p \u0111\u1ed3ng s\u1edbm nh\u1ea5t c\u00f3 th\u1ec3.\u00a0<\/p>\n

Gi\u1ea3 \u0111\u1ecbnh r\u1eb1ng vi\u1ec7c c\u00f4ng ty ph\u00e1t h\u00e0nh s\u1ebd tr\u1ea3 tr\u01b0\u1edbc ti\u1ec1n g\u1ed1c n\u1ebfu h\u1ecd s\u1eed d\u1ee5ng c\u00e1c\u00a0quy\u1ec1n ch\u1ecdn\u00a0c\u00f3 th\u1ec3 thu h\u1ed3i. Sau khi b\u1ecb thu h\u1ed3i, ti\u1ec1n g\u1ed1c s\u1ebd \u0111\u01b0\u1ee3c ho\u00e0n tr\u1ea3 v\u00e0 c\u00e1c kho\u1ea3n thanh to\u00e1n coupon s\u1ebd d\u1eebng l\u1ea1i.\u00a0<\/p>\n

C\u00f4ng ty ph\u00e1t h\u00e0nh th\u01b0\u1eddng s\u1ebd th\u1ef1c hi\u1ec7n c\u00e1c quy\u1ec1n ch\u1ecdn thu h\u1ed3i khi hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a h\u1ecd gi\u1ea3m xu\u1ed1ng. L\u00fac \u0111\u00f3, nh\u00e0 ph\u00e1t h\u00e0nh c\u00f3 th\u1ec3 ch\u1ec9 c\u1ea7n tr\u1ea3 t\u1ec9 l\u1ec7\u00a0l\u00e3i coupon\u00a0th\u1ea5p h\u01a1n n\u1ebfu t\u1ed5 ch\u1ee9c m\u1ed9t \u0111\u1ee3t ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu m\u1edbi trong \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i. \u00a0\u00a0<\/p>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t v\u00e0 c\u00e1c lo\u1ea1i l\u1ee3i su\u1ea5t kh\u00e1c<\/font><\/h3>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW)<\/b> \u0111\u00f4i khi \u0111\u01b0\u1ee3c xem l\u00e0\u00a0l\u1ee3i su\u1ea5t thu h\u1ed3i tr\u00e1i phi\u1ebfu\u00a0(YTC), v\u00e0 l\u1ee3i su\u1ea5t \u0111\u00e1o h\u1ea1n (YTM).\u00a0<\/p>\n

\u0110\u1ec3 x\u00e1c \u0111\u1ecbnh l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW), nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u1ea3i t\u00ednh c\u1ea3 YTC v\u00e0 YTM. Nh\u00ecn chung, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW) c\u00f3 th\u1ec3 b\u1eb1ng\u00a0l\u1ee3i su\u1ea5t \u0111\u00e1o h\u1ea1n\u00a0(YTM), nh\u01b0ng s\u1ebd kh\u00f4ng bao gi\u1edd c\u00f3 th\u1ec3 cao h\u01a1n n\u00f3.\u00a0<\/p>\n

Nguy\u00ean nh\u00e2n l\u00e0 v\u00ec YTW \u0111\u1ea1i di\u1ec7n cho l\u1ee3i su\u1ea5t c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t ng\u00e0y tr\u1ea3 tr\u01b0\u1edbc s\u1edbm h\u01a1n so v\u1edbi th\u1eddi gian \u0111\u00e1o h\u1ea1n \u0111\u1ea7y \u0111\u1ee7 c\u1ee7a tr\u00e1i phi\u1ebfu.\u00a0<\/i><\/p>\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW) l\u00e0 m\u1ee9c l\u1ee3i nhu\u1eadn th\u1ea5p nh\u1ea5t m\u00e0 m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c t\u1eeb vi\u1ec7c n\u1eafm gi\u1eef m\u1ed9t tr\u00e1i phi\u1ebfu ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7y \u0111\u1ee7, m\u00e0 nh\u00e0 ph\u00e1t h\u00e0nh kh\u00f4ng m\u1ea5t kh\u1ea3 n\u0103ng th\u1ef1c hi\u1ec7n c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3.<\/p>\n

R\u00f5 r\u00e0ng, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (YTW) kh\u00f4ng li\u00ean quan \u0111\u1ebfn vi\u1ec7c nh\u00e0 ph\u00e1t h\u00e0nh c\u00f3\u00a0v\u1ee1 n\u1ee3\u00a0hay kh\u00f4ng, \u0111\u00e2y l\u00e0 hai kh\u00e1i ni\u1ec7m ho\u00e0n to\u00e0n kh\u00e1c nhau. \u00a0 \u00a0 <\/p>\n

(Theo Investopedia)<\/p>\n

\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu x\u1ea5u nh\u1ea5t (ti\u1ebfng Anh: Yield to Worst – YTW) l\u00e0 th\u01b0\u1edbc \u0111o l\u1ee3i su\u1ea5t th\u1ea5p nh\u1ea5t m\u00e0 tr\u00e1i ch\u1ee7 c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb m\u1ed9t tr\u00e1i phi\u1ebfu c\u00f3 c\u00e1c \u0111i\u1ec1u kho\u1ea3n c\u1ee7a h\u1ee3p \u0111\u1ed3ng ho\u1ea1t \u0111\u1ed9ng \u0111\u1ea7y \u0111\u1ee7, v\u00e0 ch\u1ee7 th\u1ec3 ph\u00e1t h\u00e0nh kh\u00f4ng m\u1ea5t kh\u1ea3 n\u0103ng thanh to\u00e1n.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30057"}],"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=30057"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30057\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}