{"id":30347,"date":"2023-12-07T09:11:53","date_gmt":"2023-12-07T09:11:53","guid":{"rendered":"https:\/\/masterskills.org\/blog\/trai-phieu-do-la-dollar-bond-la-gi-vi-du-thuc-te-ve-trai-phieu-do-la.html"},"modified":"2023-12-23T06:12:46","modified_gmt":"2023-12-22T23:12:46","slug":"trai-phieu-do-la-dollar-bond-la-gi-vi-du-thuc-te-ve-trai-phieu-do-la","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/trai-phieu-do-la-dollar-bond-la-gi-vi-du-thuc-te-ve-trai-phieu-do-la.html","title":{"rendered":"Tr\u00e1i phi\u1ebfu \u0111\u00f4 la (Dollar Bond) l\u00e0 g\u00ec? V\u00ed d\u1ee5 th\u1ef1c t\u1ebf v\u1ec1 Tr\u00e1i phi\u1ebfu \u0111\u00f4 la"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Whbl.com<\/p>\n<\/figcaption><\/figure>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la<\/font><\/h2>\n

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

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la<\/b> trong ti\u00ea\u0301ng Anh la\u0300 Dollar Bond <\/b>hay Dollar-Denominated Bond.<\/b><\/p>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la<\/b> l\u00e0 tr\u00e1i phi\u1ebfu b\u1eb1ng \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 \u0111\u01b0\u1ee3c giao d\u1ecbch b\u00ean ngo\u00e0i l\u00e3nh th\u1ed5 n\u01b0\u1edbc M\u1ef9. C\u00f9ng v\u1edbi kho\u1ea3n ti\u1ec1n g\u1ed1c, m\u1ecdi kho\u1ea3n thanh to\u00e1n l\u00e3i coupon t\u1eeb tr\u00e1i phi\u1ebfu \u0111\u1ec1u \u0111\u01b0\u1ee3c thanh to\u00e1n b\u1eb1ng ti\u1ec1n \u0111\u00f4 la M\u1ef9. \u00a0\u00a0<\/p>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la c\u0169ng c\u00f3 th\u1ec3 l\u00e0\u00a0<\/i>tr\u00e1i phi\u1ebfu \u0111\u00f4 th\u1ecb\u00a0c\u00f3 gi\u00e1 ni\u00eam y\u1ebft b\u1eb1ng \u0111\u1ed3ng \u0111\u00f4 la ch\u1ee9 kh\u00f4ng b\u1eb1ng l\u1ee3i su\u1ea5t \u0111\u00e1o h\u1ea1n c\u1ee7a n\u00f3. \u00a0\u00a0<\/i><\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m Tr\u00e1i phi\u1ebfu \u0111\u00f4 la\u00a0\u00a0<\/font><\/h3>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la <\/b>ch\u1ec9 c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh b\u00ean ngo\u00e0i n\u01b0\u1edbc M\u1ef9 b\u1edfi c\u00e1c ch\u1ee7 th\u1ec3 thu\u1ed9c M\u1ef9 ho\u1eb7c c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh \u1edf b\u00ean trong n\u01b0\u1edbc M\u1ef9 b\u1edfi c\u00e1c c\u00f4ng ty v\u00e0 ch\u00ednh ph\u1ee7 n\u01b0\u1edbc ngo\u00e0i.\u00a0<\/p>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la cho ph\u00e9p s\u1ef1 gia nh\u1eadp r\u1ed9ng r\u00e3i do \u0111\u00f3 c\u00f3 th\u1ecb tr\u01b0\u1eddng l\u1edbn h\u01a1n so v\u1edbi c\u00e1c ch\u1ee9ng kho\u00e1n b\u1eb1ng c\u00e1c lo\u1ea1i ti\u1ec1n t\u1ec7 kh\u00e1c.\u00a0<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu \u0111\u00f4 la \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh ra b\u00ean ngo\u00e0i l\u00e3nh th\u1ed5 M\u1ef9 l\u00e0 n\u1ec1n t\u1ea3ng cho c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 vay v\u1ed1n t\u1eeb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.<\/i><\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00e1i phi\u1ebfu M\u1ef9 th\u01b0\u1eddng th\u1ea5y tr\u00e1i phi\u1ebfu \u0111\u00f4 la c\u1ee7a c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh n\u01b0\u1edbc ngo\u00e0i h\u1ea5p d\u1eabn h\u01a1n.\u00a0<\/p>\n

Ngo\u00e0i vi\u1ec7c ch\u00fang \u0111\u00e3 \u0111\u01b0\u1ee3c qui \u0111\u1ed5i ra \u0111\u1ed3ng \u0111\u00f4 la, l\u1ee3i su\u1ea5t c\u1ee7a c\u00e1c ch\u1ee9ng kho\u00e1n n\u00e0y tr\u00ean th\u1ecb tr\u01b0\u1eddng M\u1ef9 th\u01b0\u1eddng cao h\u01a1n so v\u1edbi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 hay c\u00e1c t\u1eadp \u0111o\u00e0n n\u1ed9i \u0111\u1ecba M\u1ef9 ph\u00e1t h\u00e0nh.\u00a0<\/p>\n

C\u00e1c c\u00f4ng ty kh\u00f4ng thu\u1ed9c M\u1ef9 v\u00e0 c\u00e1c ch\u00ednh ph\u1ee7 th\u01b0\u1eddng ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu c\u00f3 m\u1ec7nh gi\u00e1 b\u1eb1ng \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 \u0111\u1ec3 thu h\u00fat c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 M\u1ef9. Ngo\u00e0i ra, vi\u1ec7c n\u00e0y c\u0169ng gi\u00fap c\u00e1c c\u00f4ng ty v\u00e0 c\u00e1c ch\u00ednh ph\u1ee7 ph\u00f2ng ng\u1eeba r\u1ee7i ro ti\u1ec1n t\u1ec7. \u00a0\u00a0<\/p>\n

\u0110\u1ed1i v\u1edbi cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 M\u1ef9 mu\u1ed1n ti\u1ebfp c\u1eadn th\u1ecb tr\u01b0\u1eddng n\u1ee3 qu\u1ed1c t\u1ebf, tr\u00e1i phi\u1ebfu \u0111\u00f4 la c\u00f3 r\u1ee7i ro ti\u1ec1n t\u1ec7 \u00edt h\u01a1n khi so s\u00e1nh v\u1edbi c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu c\u00f3 m\u1ec7nh gi\u00e1 kh\u00f4ng b\u1eb1ng \u0111\u00f4 la M\u1ef9.<\/p>\n

V\u00ed d\u1ee5 th\u1ef1c t\u1ebf v\u1ec1 Tr\u00e1i phi\u1ebfu \u0111\u00f4 la\u00a0<\/font><\/h3>\n

V\u00e0o th\u00e1ng 11 , c\u00f4ng ty th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed Trung Qu\u1ed1c Alibaba \u0111\u00e3 vay 7 t\u1ec9 USD b\u1eb1ng c\u00e1ch b\u00e1n tr\u00e1i phi\u1ebfu \u0111\u00f4 la <\/b>cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 M\u1ef9. Tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c b\u00e1n v\u1edbi nhi\u1ec1u k\u00ec h\u1ea1n kh\u00e1c nhau t\u1eeb 5,5 n\u0103m cho \u0111\u1ebfn 40 n\u0103m.\u00a0<\/p>\n

C\u00f4ng ty Alibaba th\u1ef1c hi\u1ec7n \u0111\u1ee3t ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu \u0111\u00f4 la n\u00e0y sau khi chi ph\u00ed vay cho c\u00e1c c\u00f4ng ty \u1edf th\u1ecb tr\u01b0\u1eddng ch\u00e2u \u00c1 t\u0103ng l\u00ean. \u00a0\u00a0<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu M\u1ef9 cho ph\u00e9p Alibaba t\u0103ng v\u1ed1n v\u1edbi chi ph\u00ed th\u1ea5p h\u01a1n, \u0111\u1ed3ng th\u1eddi c\u00f4ng ty c\u0169ng ph\u1ea3i cung c\u1ea5p l\u1ee3i su\u1ea5t cao h\u01a1n m\u1ee9c trung b\u00ecnh cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0.\u00a0<\/p>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la c\u1ee7a Alibaba c\u00f3 l\u1ee3i su\u1ea5t cao h\u01a1n so v\u1edbi c\u00e1c c\u00f4ng ty c\u00f4ng ngh\u1ec7 \u0111\u1ed1i th\u1ee7 nh\u01b0 Amazon.\u00a0 \u00a0<\/i><\/p>\n

Tr\u00e1i phi\u1ebfu \u0111\u00f4 la \u0111\u00f4 th\u1ecb\u00a0<\/font><\/h3>\n

Tr\u00e1i phi\u1ebfu doanh thu \u0111\u00f4 th\u1ecb l\u00e0 lo\u1ea1i tr\u00e1i phi\u1ebfu s\u1eed d\u1ee5ng qui \u01b0\u1edbc tr\u00e1i phi\u1ebfu \u0111\u00f4 la<\/b>.<\/p>\n

Tr\u00e1i phi\u1ebfu doanh thu\u00a0<\/i>l\u00e0 m\u1ed9t lo\u1ea1i tr\u00e1i phi\u1ebfu t\u00e0i tr\u1ee3 d\u00f2ng ti\u1ec1n l\u00e3i v\u00e0 ngh\u0129a v\u1ee5 thanh to\u00e1n g\u1ed1c cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1edbi d\u00f2ng ti\u1ec1n \u0111\u01b0\u1ee3c t\u1ea1o ra t\u1eeb m\u1ed9t ngu\u1ed3n ti\u1ec1n ho\u1eb7c d\u1ef1 \u00e1n c\u1ee5 th\u1ec3.\u00a0<\/p>\n

C\u00e1c tr\u00e1i phi\u1ebfu n\u00e0y \u0111\u01b0\u1ee3c y\u1ebft gi\u00e1 theo gi\u00e1 c\u00f2n c\u00e1c lo\u1ea1i tr\u00e1i phi\u1ebfu kh\u00e1c th\u01b0\u1eddng \u0111\u01b0\u1ee3c y\u1ebft gi\u00e1 theo l\u1ee3i su\u1ea5t \u0111\u00e1o h\u1ea1n. \u00a0\u00a0<\/i><\/p>\n

Gi\u1ea3 s\u1eed tr\u00e1i phi\u1ebfu \u0111\u00f4 th\u1ecb 10 n\u0103m c\u00f3 l\u1ee3i su\u1ea5t \u0111\u00e1o h\u1ea1n l\u00e0 3,83% v\u00e0 m\u1ee9c gi\u00e1 hi\u1ec7n t\u1ea1i l\u00e0 4,850$.\u00a0 <\/p>\n

N\u1ebfu tr\u00e1i phi\u1ebfu n\u00e0y \u0111\u01b0\u1ee3c y\u1ebft gi\u00e1 theo l\u1ee3i su\u1ea5t \u0111\u00e1o h\u1ea1n, n\u00f3 s\u1ebd \u0111\u01b0\u1ee3c y\u1ebft gi\u00e1 l\u00e0 3,83%, n\u1ebfu n\u00f3 \u0111\u01b0\u1ee3c y\u1ebft gi\u00e1 b\u1eb1ng \u0111\u1ed3ng \u0111\u00f4 la, tr\u00e1i phi\u1ebfu s\u1ebd \u0111\u01b0\u1ee3c y\u1ebft gi\u00e1 l\u00e0 4,850$.\u00a0<\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p y\u1ebft gi\u00e1 sau \u0111\u01a1n gi\u1ea3n h\u01a1n, r\u00f5 r\u00e0ng h\u01a1n v\u00e0 thu nh\u1eadp d\u1ef1 ki\u1ebfn c\u0169ng nh\u01b0 l\u1ee3i nhu\u1eadn c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u01b0\u1edbc t\u00ednh ch\u00ednh x\u00e1c h\u01a1n. \u00a0 <\/i><\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Tr\u00e1i phi\u1ebfu \u0111\u00f4 la (ti\u1ebfng Anh: Dollar Bond) l\u00e0 tr\u00e1i phi\u1ebfu b\u1eb1ng \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 \u0111\u01b0\u1ee3c giao d\u1ecbch b\u00ean ngo\u00e0i l\u00e3nh th\u1ed5 n\u01b0\u1edbc M\u1ef9. C\u00f9ng v\u1edbi kho\u1ea3n ti\u1ec1n g\u1ed1c, m\u1ecdi kho\u1ea3n thanh to\u00e1n l\u00e3i coupon t\u1eeb tr\u00e1i phi\u1ebfu \u0111\u1ec1u \u0111\u01b0\u1ee3c thanh to\u00e1n b\u1eb1ng ti\u1ec1n \u0111\u00f4 la M\u1ef9.\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\/30347"}],"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=30347"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30347\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}