{"id":31045,"date":"2023-12-07T10:17:16","date_gmt":"2023-12-07T10:17:16","guid":{"rendered":"https:\/\/masterskills.org\/blog\/hop-dong-hoan-doi-tien-te-currency-swap-contract-la-gi-dac-diem.html"},"modified":"2023-12-23T07:24:42","modified_gmt":"2023-12-23T00:24:42","slug":"hop-dong-hoan-doi-tien-te-currency-swap-contract-la-gi-dac-diem","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/hop-dong-hoan-doi-tien-te-currency-swap-contract-la-gi-dac-diem.html","title":{"rendered":"H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 (Currency Swap Contract) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<p style=\"display: none;\" class=\"\">\n<div class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div>\n<div class=\"PhotoCMS_Caption\">\n<p><i>H\u00ecnh minh h\u1ecda (Ngu\u1ed3n: TradingFloor.com)<\/i><\/p>\n<\/div>\n<\/div>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 (Currency Swap Contract)<\/font><\/h2>\n<p class=\"\"><b>Kh\u00e1i ni\u1ec7m<\/b><\/p>\n<p class=\"\"><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7<\/b> trong ti\u1ebfng Anh g\u1ecdi l\u00e0 <b>Currency Swap Contract.<\/b><\/p>\n<p class=\"\"><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7<\/b> l\u00e0 m\u1ed9t h\u1ee3p \u0111\u1ed3ng, theo \u0111\u00f3 m\u1ed7i b\u00ean \u0111\u1ed3ng \u00fd tr\u1ea3 cho b\u00ean kia c\u00e1c kho\u1ea3n thanh to\u00e1n theo \u0111\u1ecbnh k\u00ec tr\u00ean c\u01a1 s\u1edf m\u1ee9c l\u00e3i su\u1ea5t \u0111\u00e3 x\u00e1c \u0111\u1ecbnh v\u00e0 c\u0103n c\u1ee9 v\u00e0o gi\u00e1 tr\u1ecb g\u1ed1c \u0111\u01b0\u1ee3c ghi nh\u1eadn b\u1eb1ng hai lo\u1ea1i ti\u1ec1n t\u1ec7 kh\u00e1c nhau.\u00a0<\/p>\n<h3><b><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7<\/font><\/b><\/h3>\n<p class=\"\">Ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 v\u1ec1 c\u01a1 b\u1ea3n r\u1ea5t gi\u1ed1ng v\u1edbi h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i l\u00e3i su\u1ea5t, ngo\u1ea1i tr\u1eeb m\u1ed9t s\u1ed1 \u0111i\u1ec3m sau \u0111\u00e2y:<\/p>\n<p class=\"\">&#8211; H\u1ee3p \u0111\u1ed3ng li\u00ean quan t\u1edbi hai lo\u1ea1i ti\u1ec1n t\u1ec7 kh\u00e1c nhau, do v\u1eady, gi\u00e1 tr\u1ecb g\u1ed1c v\u00e0 d\u00f2ng ti\u1ec1n trao \u0111\u1ed5i, x\u00e9t t\u1eeb m\u1ed7i b\u00ean tham gia h\u1ee3p \u0111\u1ed3ng, \u0111\u01b0\u1ee3c ghi nh\u1eadn theo hai lo\u1ea1i ti\u1ec1n t\u1ec7 kh\u00e1c nhau.<\/p>\n<p class=\"\">&#8211; C\u00e1c b\u00ean c\u1ee7a h\u1ee3p \u0111\u1ed3ng trao \u0111\u1ed5i hai d\u00f2ng thanh to\u00e1n \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh d\u1ef1a tr\u00ean nh\u1eefng lo\u1ea1i l\u00e3i su\u1ea5t kh\u00e1c nhau, nh\u01b0 l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh \u0111\u1ed5i l\u1ea5y l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh, l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i \u0111\u1ed5i l\u1ea5y l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i, ho\u1eb7c l\u00e0 l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh \u0111\u1ed5i l\u1ea5y l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i.<\/p>\n<p class=\"\">&#8211; Gi\u00e1 tr\u1ecb g\u1ed1c kh\u00f4ng c\u00f2n mang t\u00ednh ch\u1ea5t danh ngh\u0129a thu\u1ea7n t\u00fay m\u00e0 n\u00f3 \u0111\u01b0\u1ee3c trao \u0111\u1ed5i gi\u1eefa c\u00e1c b\u00ean t\u1ea1i hai th\u1eddi \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u v\u00e0 k\u1ebft th\u00fac (\u0111\u00e1o h\u1ea1n) h\u1ee3p \u0111\u1ed3ng.\u00a0<\/p>\n<p class=\"\">Nh\u01b0 v\u1eady, d\u00f2ng ti\u1ec1n trao \u0111\u1ed5i gi\u1eefa c\u00e1c b\u00ean tham gia h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 s\u1ebd bao g\u1ed3m:<\/p>\n<p class=\"\">Trao \u0111\u1ed5i s\u1ed1 ti\u1ec1n b\u1eb1ng gi\u00e1 tr\u1ecb g\u1ed1c v\u00e0o ng\u00e0y b\u1eaft \u0111\u1ea7u giao d\u1ecbch ho\u00e1n \u0111\u1ed5i. S\u1ed1 ti\u1ec1n thanh to\u00e1n c\u1ee7a m\u1ed7i b\u00ean \u0111\u01b0\u1ee3c t\u00ednh b\u1eb1ng m\u1ed9t lo\u1ea1i ti\u1ec1n t\u1ec7 ri\u00eang, qua \u0111\u00f3 h\u00ecnh th\u00e0nh t\u1ec9 gi\u00e1 h\u1ed1i \u0111o\u00e1i gi\u1eefa hai \u0111\u1ed3ng ti\u1ec1n.<\/p>\n<p class=\"\">Thanh to\u00e1n kho\u1ea3n ti\u1ec1n l\u00e3i t\u00ednh tr\u00ean gi\u00e1 tr\u1ecb v\u1ed1n g\u1ed1c \u0111\u00e3 bi\u1ebft, \u00e1p d\u1ee5ng lo\u1ea1i v\u00e0 m\u1ee9c l\u00e3i su\u1ea5t theo th\u1ecfa thu\u1eadn trong h\u1ee3p \u0111\u1ed3ng. D\u00f2ng thanh to\u00e1n n\u00e0y \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n theo \u0111\u1ecbnh k\u00ec trong th\u1eddi gian hi\u1ec7u l\u1ef1c c\u1ee7a h\u1ee3p \u0111\u1ed3ng.<\/p>\n<p class=\"\">Trao \u0111\u1ed5i l\u1ea1i s\u1ed1 ti\u1ec1n b\u1eb1ng gi\u00e1 tr\u1ecb g\u1ed1c khi k\u1ebft th\u00fac giao d\u1ecbch ho\u00e1n \u0111\u1ed5i theo h\u1ee3p \u0111\u1ed3ng.\u00a0<\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">M\u1ed9t s\u1ed1 lo\u1ea1i h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 ph\u1ed5 bi\u1ebfn<\/font><\/h3>\n<p><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh v\u1edbi l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh:<\/b> M\u1ed9t bi\u1ebfn th\u1ec3 c\u1ee7a h\u1ee3p \u0111\u1ed3ng ho\u00e0n \u0111\u1ed5i ti\u1ec1n t\u1ec7 trong \u0111\u00f3 d\u00f2ng thanh to\u00e1n \u0111\u1ecbnh k\u00ec c\u1ee7a c\u1ea3 hai b\u00ean tham gia h\u1ee3p \u0111\u1ed3ng \u0111\u1ec1u \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh theo l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh.\u00a0<\/p>\n<p>D\u1ea1ng ho\u00e1n \u0111\u1ed5i n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u1ea1o ra t\u1eeb m\u1ed9t th\u1ecfa thu\u1eadn ho\u00e1n \u0111\u1ed5i duy nh\u1ea5t, ho\u1eb7c qua vi\u1ec7c k\u1ebft h\u1ee3p hai h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh v\u1edbi l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i s\u1eed d\u1ee5ng c\u00f9ng m\u1ed9t lo\u1ea1i l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i. C\u00f4ng c\u1ee5 n\u00e0y c\u00f2n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 ho\u00e1n \u0111\u1ed5i v\u00f2ng tr\u00f2n (circus swaps).<\/p>\n<p style=\"display:none;\">\n<p><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 c\u01a1 b\u1ea3n<\/b>: L\u00e0 h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 trong \u0111\u00f3 d\u00f2ng ti\u1ec1n thanh to\u00e1n \u0111\u1ecbnh k\u00ec c\u1ee7a m\u1ed9t b\u00ean tham gia h\u1ee3p \u0111\u1ed3ng \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh theo l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh, d\u00f2ng thanh to\u00e1n \u0111\u1ecbnh k\u00ec c\u1ee7a b\u00ean c\u00f2n l\u1ea1i \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh theo l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i.\u00a0\u00a0<\/p>\n<p><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i v\u1edbi l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i<\/b> th\u01b0\u1eddng \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 <i>ho\u00e1n \u0111\u1ed5i c\u01a1 s\u1edf <\/i>(basis swaps), khi c\u1ea3 hai d\u00f2ng ti\u1ec1n ho\u00e1n \u0111\u1ed5i \u0111\u1ec1u \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh d\u1ef1a tr\u00ean l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i, hay l\u00e0 c\u1ea3 hai b\u00ean tham gia giao d\u1ecbch ho\u00e1n \u0111\u1ed5i \u0111\u1ec1u tr\u1ea3 l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i.\u00a0<\/p>\n<p>L\u01b0u \u00fd r\u1eb1ng, ki\u1ec3u ho\u00e1n \u0111\u1ed5i n\u00e0y c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u1ea1o ra t\u1eeb m\u1ed9t h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i duy nh\u1ea5t, ho\u1eb7c th\u00f4ng qua vi\u1ec7c k\u1ebft h\u1ee3p hai giao d\u1ecbch ho\u00e1n \u0111\u1ed5i l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh v\u1edbi l\u00e3i su\u1ea5t th\u1ea3 n\u1ed5i c\u00f9ng s\u1eed d\u1ee5ng m\u1ed9t m\u1ee9c l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh.<\/p>\n<p><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 gi\u00e1 tr\u1ecb g\u1ed1c gi\u1ea3m d\u1ea7n<\/b> (amortising currency swaps) l\u00e0 lo\u1ea1i h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i trong \u0111\u00f3 gi\u00e1 tr\u1ecb g\u1ed1c \u0111\u01b0\u1ee3c ho\u00e1n \u0111\u1ed5i d\u1ea7n t\u1eebng ph\u1ea7n (thay v\u00ec t\u1eadp trung m\u1ed9t l\u1ea7n t\u1ea1i th\u1eddi \u0111i\u1ec3m \u0111\u00e1o h\u1ea1n h\u1ee3p \u0111\u1ed3ng).<\/p>\n<p><b>H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 gi\u00e1 tr\u1ecb g\u1ed1c t\u0103ng d\u1ea7n<\/b> (accreting currency swaps) l\u00e0 lo\u1ea1i h\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i trong \u0111\u00f3 gi\u00e1 tr\u1ecb g\u1ed1c t\u0103ng d\u1ea7n trong su\u1ed1t th\u1eddi gian hi\u1ec7u l\u1ef1c c\u1ee7a h\u1ee3p \u0111\u1ed3ng.\u00a0<\/p>\n<p class=\"\">\u00a0<i>(T\u00e0i li\u1ec7u tham kh\u1ea3o, Gi\u00e1o tr\u00ecnh Ch\u1ee9ng kho\u00e1n ph\u00e1i sinh &#038;  Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ph\u00e1i sinh)<\/i><\/p>\n<p class=\"\">\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            H\u1ee3p \u0111\u1ed3ng ho\u00e1n \u0111\u1ed5i ti\u1ec1n t\u1ec7 (ti\u1ebfng Anh: Currency Swap Contract) l\u00e0 m\u1ed9t h\u1ee3p \u0111\u1ed3ng, theo \u0111\u00f3 m\u1ed7i b\u00ean \u0111\u1ed3ng \u00fd tr\u1ea3 cho b\u00ean kia c\u00e1c kho\u1ea3n thanh to\u00e1n theo \u0111\u1ecbnh k\u00ec tr\u00ean c\u01a1 s\u1edf m\u1ee9c l\u00e3i su\u1ea5t \u0111\u00e3 x\u00e1c \u0111\u1ecbnh.\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\/31045"}],"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=31045"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31045\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}