{"id":31318,"date":"2023-12-07T10:32:07","date_gmt":"2023-12-07T10:32:07","guid":{"rendered":"https:\/\/masterskills.org\/blog\/chung-khoan-no-debt-security-la-gi-su-khac-biet-giua-chung-khoan-no-va-chung-khoan-von.html"},"modified":"2023-12-23T08:01:20","modified_gmt":"2023-12-23T01:01:20","slug":"chung-khoan-no-debt-security-la-gi-su-khac-biet-giua-chung-khoan-no-va-chung-khoan-von","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/chung-khoan-no-debt-security-la-gi-su-khac-biet-giua-chung-khoan-no-va-chung-khoan-von.html","title":{"rendered":"Ch\u1ee9ng kho\u00e1n n\u1ee3 (Debt Security) l\u00e0 g\u00ec? S\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa ch\u1ee9ng kho\u00e1n n\u1ee3 v\u00e0 ch\u1ee9ng kho\u00e1n v\u1ed1n"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Youtube.com<\/i><\/p>\n<\/div>\n<\/div>\n

Ch\u1ee9ng kho\u00e1n n\u1ee3 <\/font><\/h2>\n

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

Ch\u1ee9ng kho\u00e1n n\u1ee3 <\/b>trong ti\u00ea\u0301ng Anh la\u0300 Debt Security<\/b>.<\/p>\n

Ch\u1ee9ng kho\u00e1n n\u1ee3<\/b> l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 n\u1ee3 c\u00f3 th\u1ec3 l\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7, tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p,\u00a0ch\u1ee9ng ch\u1ec9 ti\u1ec1n g\u1eedi\u00a0(CD), tr\u00e1i phi\u1ebfu \u0111\u00f4 th\u1ecb ho\u1eb7c c\u1ed5 phi\u1ebfu \u01b0u \u0111\u00e3i, \u0111\u01b0\u1ee3c mua ho\u1eb7c b\u00e1n gi\u1eefa hai ch\u1ee7 th\u1ec3 v\u00e0 c\u00f3 c\u00e1c \u0111i\u1ec1u kho\u1ea3n nh\u1ea5t \u0111\u1ecbnh nh\u01b0 gi\u00e1 tr\u1ecb kh\u00e1i to\u00e1n (s\u1ed1 ti\u1ec1n \u0111\u00e3 vay), l\u00e3i su\u1ea5t, th\u1eddi gian \u0111\u00e1o h\u1ea1n v\u00e0 gia h\u1ea1n.\u00a0<\/p>\n

N\u00f3 c\u0169ng bao g\u1ed3m c\u00e1c ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c th\u1ebf ch\u1ea5p ch\u1eb3ng h\u1ea1n nh\u01b0 ngh\u0129a v\u1ee5 n\u1ee3 c\u00f3 th\u1ebf ch\u1ea5p (CDO), tr\u00e1i phi\u1ebfu t\u00e0i s\u1ea3n cho vay c\u1ea7m c\u1ed1 (CMO), ch\u1ee9ng kho\u00e1n \u0111\u01b0\u1ee3c th\u1ebf ch\u1ea5p b\u1edfi Hi\u1ec7p h\u1ed9i th\u1ebf ch\u1ea5p ch\u00ednh ph\u1ee7 (GNMAs) v\u00e0 tr\u00e1i phi\u1ebfu kh\u00f4ng tr\u1ea3 l\u00e3i.\u00a0<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m Ch\u1ee9ng kho\u00e1n n\u1ee3\u00a0<\/font><\/h3>\n

L\u00e3i su\u1ea5t \u0111\u1ed1i v\u1edbi ch\u1ee9ng kho\u00e1n n\u1ee3 <\/b>ph\u1ea7n l\u1edbn \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh b\u1edfi kh\u1ea3 n\u0103ng tr\u1ea3 n\u1ee3 c\u1ee7a ng\u01b0\u1eddi \u0111i vay. R\u1ee7i ro kh\u00f4ng c\u00f3 kh\u1ea3 n\u0103ng thanh to\u00e1n cao h\u01a1n d\u1eabn \u0111\u1ebfn l\u00e3i su\u1ea5t vay v\u1ed1n cao h\u01a1n.<\/p>\n

Ch\u1ee9ng kho\u00e1n n\u1ee3 c\u00f2n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 ch\u1ee9ng kho\u00e1n thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh, h\u1ea7u h\u1ebft c\u00e1c ch\u1ee9ng kho\u00e1n n\u1ee3 \u0111\u01b0\u1ee3c giao d\u1ecbch qua qu\u1ea7y.\u00a0<\/p>\n

T\u1ed5ng gi\u00e1 tr\u1ecb c\u1ee7a c\u00e1c giao d\u1ecbch ch\u1ee9ng kho\u00e1n n\u1ee3 th\u1ef1c hi\u1ec7n h\u00e0ng ng\u00e0y l\u1edbn h\u01a1n nhi\u1ec1u so v\u1edbi t\u1ed5ng giao d\u1ecbch c\u1ed5 phi\u1ebfu do ch\u1ee9ng kho\u00e1n n\u1ee3 \u0111\u01b0\u1ee3c n\u1eafm gi\u1eef b\u1edfi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c l\u1edbn, ch\u00ednh ph\u1ee7 v\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c phi l\u1ee3i nhu\u1eadn.\u00a0<\/p>\n

S\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa Ch\u1ee9ng kho\u00e1n n\u1ee3 v\u00e0 Ch\u1ee9ng kho\u00e1n v\u1ed1n\u00a0<\/font><\/h3>\n

Ch\u1ee9ng kho\u00e1n v\u1ed1n (Equity Security)<\/b>\u00a0th\u1ec3 hi\u1ec7n y\u00eau c\u1ea7u v\u1ec1 thu nh\u1eadp v\u00e0 t\u00e0i s\u1ea3n c\u1ee7a m\u1ed9t c\u00f4ng ty, trong khi ch\u1ee9ng kho\u00e1n n\u1ee3 l\u00e0 kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c c\u00f4ng c\u1ee5 n\u1ee3.\u00a0<\/p>\n

V\u00ed d\u1ee5: c\u1ed5 phi\u1ebfu l\u00e0 m\u1ed9t ch\u1ee9ng kho\u00e1n v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu, trong khi tr\u00e1i phi\u1ebfu l\u00e0 m\u1ed9t ch\u1ee9ng kho\u00e1n n\u1ee3.\u00a0<\/p>\n

Khi m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 mua tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, v\u1ec1 c\u01a1 b\u1ea3n h\u1ecd \u0111ang cho c\u00f4ng ty \u0111\u00f3 vay ti\u1ec1n c\u1ee7a h\u1ecd v\u00e0 c\u00f3 quy\u1ec1n \u0111\u01b0\u1ee3c tr\u1ea3 l\u1ea1i ti\u1ec1n g\u1ed1c v\u00e0 l\u00e3i tr\u00e1i phi\u1ebfu.\u00a0<\/p>\n

Ng\u01b0\u1ee3c l\u1ea1i, khi ai \u0111\u00f3 mua c\u1ed5 phi\u1ebfu t\u1eeb m\u1ed9t c\u00f4ng ty, v\u1ec1 c\u01a1 b\u1ea3n h\u1ecd \u0111ang mua m\u1ed9t ph\u1ea7n c\u1ee7a c\u00f4ng ty \u0111\u00f3. N\u1ebfu c\u00f4ng ty ho\u1ea1t \u0111\u1ed9ng c\u00f3 l\u00e3i, nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c l\u00e3i, nh\u01b0ng n\u1ebfu c\u00f4ng ty m\u1ea5t ti\u1ec1n th\u00ec gi\u00e1 tr\u1ecb c\u1ed5 phi\u1ebfu c\u0169ng gi\u1ea3m xu\u1ed1ng.\u00a0<\/p>\n

N\u1ebfu m\u1ed9t t\u1eadp \u0111o\u00e0n ph\u00e1 s\u1ea3n th\u00ec h\u1ecd s\u1ebd tr\u1ea3 ti\u1ec1n cho c\u00e1c tr\u00e1i ch\u1ee7 tr\u01b0\u1edbc r\u1ed3i m\u1edbi \u0111\u1ebfn c\u00e1c c\u1ed5 \u0111\u00f4ng. \u00a0\u00a0 <\/p>\n

Qui m\u00f4 giao d\u1ecbch Ch\u1ee9ng kho\u00e1n n\u1ee3<\/font><\/h3>\n

H\u00e3y h\u00ecnh dung qui m\u00f4 giao d\u1ecbch ch\u1ee9ng kho\u00e1n n\u1ee3<\/b> v\u1edbi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n n\u1ee3 to\u00e0n th\u1ebf gi\u1edbi c\u00f3 qui m\u00f4 g\u1ea7n g\u1ea5p \u0111\u00f4i th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n v\u1ed1n th\u1ebf gi\u1edbi.\u00a0<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu to\u00e0n c\u1ea7u tr\u1ecb gi\u00e1 cao h\u01a1n 100 ngh\u00ecn t\u1ec9 \u0111\u00f4 la, trong khi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ho\u1eb7c c\u1ed5 phi\u1ebfu tr\u1ecb gi\u00e1 kho\u1ea3ng 64 ngh\u00ecn t\u1ec9 \u0111\u00f4 la.\u00a0<\/p>\n

V\u1ec1 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch h\u00e0ng ng\u00e0y, c\u00f3 700 t\u1ec9 \u0111\u00f4 la tr\u00e1i phi\u1ebfu v\u00e0 200 t\u1ec9 \u0111\u00f4 la c\u1ed5 phi\u1ebfu tr\u00ean to\u00e0n c\u1ea7u.\u00a0<\/p>\n

Trong h\u1ea7u h\u1ebft c\u00e1c tr\u01b0\u1eddng h\u1ee3p, ch\u1ee9ng kho\u00e1n n\u1ee3 l\u00e0 kho\u1ea3n \u0111\u1ea7u t\u01b0 an to\u00e0n h\u01a1n so v\u1edbi ch\u1ee9ng kho\u00e1n v\u1ed1n. \u00a0\u00a0<\/p>\n

S\u1ef1 an to\u00e0n c\u1ee7a Ch\u1ee9ng kho\u00e1n n\u1ee3\u00a0<\/font><\/h3>\n

Ch\u1ee9ng kho\u00e1n n\u1ee3<\/b> an to\u00e0n h\u01a1n \u0111\u01a1n gi\u1ea3n v\u00ec ch\u00fang \u0111\u1ea3m b\u1ea3o r\u1eb1ng s\u1ed1 ti\u1ec1n g\u1ed1c \u0111\u01b0\u1ee3c tr\u1ea3 l\u1ea1i cho ng\u01b0\u1eddi cho vay v\u00e0o ng\u00e0y \u0111\u00e1o h\u1ea1n ho\u1eb7c khi b\u00e1n ch\u1ee9ng kho\u00e1n.\u00a0<\/p>\n

Ch\u1ee9ng kho\u00e1n n\u1ee3 th\u01b0\u1eddng \u0111\u01b0\u1ee3c ph\u00e2n lo\u1ea1i theo m\u1ee9c \u0111\u1ed9 r\u1ee7i ro ph\u00e1 s\u1ea3n, lo\u1ea1i nh\u00e0 ph\u00e1t h\u00e0nh v\u00e0 chu k\u00ec thanh to\u00e1n thu nh\u1eadp.\u00a0<\/p>\n

Tr\u00e1i phi\u1ebfu c\u00e0ng r\u1ee7i ro, l\u00e3i su\u1ea5t hay l\u1ee3i t\u1ee9c c\u1ee7a n\u00f3 c\u00e0ng cao.\u00a0 \u00a0<\/p>\n

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

\n Ch\u1ee9ng kho\u00e1n n\u1ee3 (ti\u1ebfng Anh: Debt Security) l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 n\u1ee3, ch\u1eb3ng h\u1ea1n nh\u01b0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7, tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p, ch\u1ee9ng ch\u1ec9 ti\u1ec1n g\u1eedi, tr\u00e1i phi\u1ebfu \u0111\u00f4 th\u1ecb hay c\u1ed5 phi\u1ebfu \u01b0u \u0111\u00e3i.\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\/31318"}],"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=31318"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31318\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}