{"id":31157,"date":"2023-12-07T10:23:29","date_gmt":"2023-12-07T10:23:29","guid":{"rendered":"https:\/\/masterskills.org\/blog\/thi-truong-trai-phieu-chau-a-va-thi-truong-trai-phieu-nhat-ban-la-gi.html"},"modified":"2023-12-23T07:28:22","modified_gmt":"2023-12-23T00:28:22","slug":"thi-truong-trai-phieu-chau-a-va-thi-truong-trai-phieu-nhat-ban-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/thi-truong-trai-phieu-chau-a-va-thi-truong-trai-phieu-nhat-ban-la-gi.html","title":{"rendered":"Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1 v\u00e0 th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n l\u00e0 g\u00ec?"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda (Ngu\u1ed3n: The Star)<\/p>\n<\/div>\n<\/div>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span> (Asia bond market)<\/font><\/h2>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/b> – danh t\u1eeb, trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c d\u00f9ng b\u1edfi c\u1ee5m t\u1eeb Asia bond market<\/b>.<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/i>, hay c\u00f2n g\u1ecdi l\u00e0 Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu con R\u1ed3ng<\/i>, l\u00e0 th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i l\u00ean \u1edf Ch\u00e2u \u00c1<\/span> c\u00e1c tr\u00e1i phi\u1ebfu con R\u1ed3ng \u0111\u01b0\u1ee3c ch\u00e0o b\u00e1n \u1edf m\u1ed9t s\u1ed1 th\u1ecb tr\u01b0\u1eddng \u1edf Ch\u00e2u \u00c1<\/span> v\u00e0 th\u01b0\u1eddng \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft \u1edf c\u00e1c S\u1edf giao d\u1ecbch ch\u1ee9ng kho\u00e1n H\u1ed3ng K\u00f4ng, Singapore, \u0110\u00e0i B\u1eafc; n\u1ebfu \u0111\u1ee7 ti\u00eau chu\u1ea9n th\u00ec c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft \u1edf London, LuxembourgLux.\u00a0<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/i> ch\u1ee7 y\u1ebfu nh\u1eb1m v\u00e0o c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Ch\u00e2u \u00c1<\/span> – Th\u00e1i B\u00ecnh D\u01b0\u01a1ng.<\/p>\n

\u0110\u00f4i n\u00e9t v\u1ec1 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/b><\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/i> s\u1eed d\u1ee5ng hai lo\u1ea1i \u0111\u1ed3ng ti\u1ec1n ph\u00e1t h\u00e0nh l\u00e0 \u0111\u1ed3ng USD v\u00e0 \u0111\u1ed3ng Y\u00ean Nh\u1eadt; th\u1eddi h\u1ea1n tr\u00e1i phi\u1ebfu bao g\u1ed3m c\u00e1c lo\u1ea1i 5 n\u0103m, 7 n\u0103m v\u00e0 10 n\u0103m, song lo\u1ea1i tr\u00e1i phi\u1ebfu c\u00f3 k\u00ec h\u1ea1n ng\u1eafn th\u01b0\u1eddng \u0111\u01b0\u1ee3c c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh l\u1ef1a ch\u1ecdn.<\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00ean th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/i> th\u01b0\u1eddng y\u00eau c\u1ea7u c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh ph\u1ea3i c\u00f3 h\u1ec7 s\u1ed1 t\u00edn nhi\u1ec7m c\u1ee7a c\u00e1c c\u00f4ng ty x\u00e1c \u0111\u1ecbnh h\u1ec7 s\u1ed1 t\u00edn nhi\u1ec7m l\u00e0 Moody’s<\/i> ho\u1eb7c c\u00f4ng ty S&P<\/i>.<\/p>\n

Vi\u1ec7c thanh to\u00e1n tr\u00e1i phi\u1ebfu tr\u00ean th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1<\/span><\/b> c\u0169ng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n th\u00f4ng qua Euroclear<\/i> ho\u1eb7c DEDEL<\/i>; tuy nhi\u00ean hi\u1ec7n nay n\u00f3 c\u0169ng \u0111ang nghi\u00ean c\u1ee9u \u0111\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c h\u1ec7 th\u1ed1ng thanh to\u00e1n b\u00f9 tr\u1eeb Ch\u00e2u \u00c1<\/span> gi\u1ed1ng nh\u01b0 h\u1ec7 th\u1ed1ng thanh to\u00e1n b\u00f9 tr\u1eeb c\u1ee7a Ch\u00e2u \u00c2u. (Theo Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n, NXB T\u00e0i ch\u00ednh<\/i>)<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n (Japan bond market)<\/font><\/h3>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n<\/b> – danh t\u1eeb, ti\u1ebfng Anh \u0111\u01b0\u1ee3c d\u00f9ng b\u1edfi c\u1ee5m t\u1eeb Japan bond market<\/b>.<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n<\/i> l\u00e0 th\u1ecb tr\u01b0\u1eddng cho ph\u00e9p nh\u1eefng ng\u01b0\u1eddi \u0111i vay \u0111\u01b0\u1ee3c ph\u00e9p ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu v\u00e0o th\u1ecb tr\u01b0\u1eddng v\u1ed1n Nh\u1eadt b\u1eb1ng \u0111\u1ed3ng Y\u00ean.<\/p>\n

Tuy nhi\u00ean g\u1ea7n \u0111\u00e2y khi thanh to\u00e1n, c\u00e1c tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c thanh to\u00e1n b\u1eb1ng lo\u1ea1i ngo\u1ea1i t\u1ec7 kh\u00e1c nh\u01b0 \u0110\u00f4 la Australia…<\/p>\n

Ph\u00e2n lo\u1ea1i th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n<\/b><\/p>\n

1. Th\u1ecb tr\u01b0\u1eddng Samurai<\/p>\n

L\u00e0 th\u1ecb tr\u01b0\u1eddng ch\u00e0o b\u00e1n tr\u00e1i phi\u1ebfu c\u00f4ng khai, c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh mu\u1ed1n tham gia v\u00e0o th\u1ecb tr\u01b0\u1eddng n\u00e0y ph\u1ea3i c\u00f3 \u0111i\u1ec1u ki\u1ec7n ti\u00ean quy\u1ebft l\u00e0 \u0111\u00e3 \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh h\u1ec7 s\u1ed1 t\u00edn nhi\u1ec7m v\u00e0 ph\u1ea3i \u0111\u1ea1t h\u1ec7 s\u1ed1 t\u00edn nhi\u1ec7m t\u1eeb B.B.B tr\u1edf l\u00ean; song g\u1ea7n \u0111\u00e2y \u1edf th\u1ecb tr\u01b0\u1eddng n\u00e0y \u0111\u00e3 c\u00f3 s\u1ef1 n\u1edbi l\u1ecfng, c\u00e1c tr\u00e1i phi\u1ebfu c\u00f3 h\u1ec7 s\u1ed1 t\u00edn nhi\u1ec7m d\u01b0\u1edbi m\u1ee9c B.B.B c\u0169ng \u0111\u01b0\u1ee3c xem x\u00e9t \u0111\u1ec3 ph\u00e1t h\u00e0nh.<\/p>\n

\u0110\u1ed1i v\u1edbi c\u00e1c c\u00f4ng ty, t\u00e0i s\u1ea3n r\u00f2ng c\u1ee7a c\u00f4ng ty \u0111\u00f3 ph\u1ea3i \u0111\u1ea1t t\u1eeb 20 t\u1ec9 Y\u00ean tr\u1edf l\u00ean m\u1edbi \u0111\u01b0\u1ee3c ph\u00e9p ph\u00e1t h\u00e0nh. C\u00e1c tr\u00e1i phi\u1ebfu Samurai ch\u1ee7 y\u1ebfu \u0111\u01b0\u1ee3c c\u00e1c nghi\u1ec7p \u0111o\u00e0n v\u00e0 c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u1ee7a Nh\u1eadt b\u1ea3o l\u00e3nh.<\/p>\n

Tuy nhi\u00ean, c\u0169ng c\u00f3 kh\u00f4ng qu\u00e1 5% tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t \u0111\u1ee3t ph\u00e1t h\u00e0nh \u0111\u01b0\u1ee3c s\u1ef1 b\u1ea3o l\u00e3nh c\u1ee7a c\u00e1c c\u00f4ng ty ch\u1ee9ng kho\u00e1n n\u01b0\u1edbc ngo\u00e0i, song s\u1ed1 ch\u1ee9ng kho\u00e1n \u0111\u00f3 ph\u1ea3i \u0111\u01b0\u1ee3c b\u00e1n \u1edf n\u01b0\u1edbc ngo\u00e0i.<\/p>\n

Th\u1eddi h\u1ea1n ph\u00e1t l\u00e0 5 n\u0103m, 7 n\u0103m, 10 n\u0103m v\u00e0 12 n\u0103m. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u00ednh tr\u00ean th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Samurai l\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh c\u1ee7a Nh\u1eadt. Tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ee9 c\u1ea5p, ph\u1ea7n l\u1edbn tr\u00e1i phi\u1ebfu Samurai \u0111\u01b0\u1ee3c giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng OTC.<\/p>\n

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H\u00ecnh minh h\u1ecda (Ngu\u1ed3n: BusinessMirror)<\/p>\n<\/div>\n<\/div>\n

2. Th\u1ecb tr\u01b0\u1eddng ph\u00e1t h\u00e0nh ri\u00eang l\u1ebb – Shibosai<\/p>\n

L\u00e0 th\u1ecb tr\u01b0\u1eddng cho ph\u00e9p nh\u00e0 ph\u00e1t h\u00e0nh n\u01b0\u1edbc ngo\u00e0i th\u1ef1c hi\u1ec7n ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu t\u1ea1i Nh\u1eadt, m\u00e0 kh\u00f4ng ph\u1ea3i c\u00f4ng b\u1ed1 m\u1ed9t s\u1ed1 t\u00e0i li\u1ec7u theo Lu\u1eadt giao d\u1ecbch ch\u1ee9ng kho\u00e1n. \u1ede th\u1ecb tr\u01b0\u1eddng n\u00e0y c\u00e1c tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh v\u1edbi s\u1ed1 l\u01b0\u1ee3ng h\u1ea1n ch\u1ebf; S\u1ed1 nh\u00e0 \u0111\u1ea7u t\u01b0 tham gia c\u0169ng b\u1ecb h\u1ea1n ch\u1ebf (\u00edt h\u01a1n 50 nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u00ean nghi\u1ec7p \u0111\u1ea1t ti\u00eau chu\u1ea9n).<\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u1ea3i \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh h\u1ec7 s\u1ed1 t\u00edn nhi\u1ec7m ho\u1eb7c c\u00f3 kinh nghi\u1ec7m v\u1ec1 vi\u1ec7c t\u00e0i tr\u1ee3 v\u1ed1n trong c\u00e1c th\u1ecb tr\u01b0\u1eddng v\u1ed1n ch\u00ednh trong v\u00f2ng 5 n\u0103m v\u1eeba qua. (Theo Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng Kho\u00e1n, NXB T\u00e0i ch\u00ednh<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Ch\u00e2u \u00c1 (ti\u1ebfng Anh: Asia bond market) v\u00e0 th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n (ti\u1ebfng Anh: Japan bond market) l\u00e0 hai th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu l\u1edbn nh\u1ea5t \u1edf khu v\u1ef1c ch\u00e2u \u00c1, v\u00e0 l\u00e0 hai trong s\u1ed1 nh\u1eefng th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi.\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\/31157"}],"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=31157"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31157\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}