{"id":31516,"date":"2023-12-07T10:41:58","date_gmt":"2023-12-07T10:41:58","guid":{"rendered":"https:\/\/masterskills.org\/blog\/giao-uoc-trai-phieu-bond-covenant-la-gi-vi-du-ve-giao-uoc-trai-phieu.html"},"modified":"2023-12-23T08:17:44","modified_gmt":"2023-12-23T01:17:44","slug":"giao-uoc-trai-phieu-bond-covenant-la-gi-vi-du-ve-giao-uoc-trai-phieu","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/giao-uoc-trai-phieu-bond-covenant-la-gi-vi-du-ve-giao-uoc-trai-phieu.html","title":{"rendered":"Giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu (Bond Covenant) l\u00e0 g\u00ec? V\u00ed d\u1ee5 v\u1ec1 giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Forbes.com<\/i><\/p>\n<\/div>\n<\/div>\n

Giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu<\/font><\/h2>\n

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

Giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu<\/b> trong ti\u00ea\u0301ng Anh la\u0300 Bond Covenant<\/b>.<\/p>\n

Giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu<\/b>\u00a0l\u00e0 m\u1ed9t \u0111i\u1ec1u kho\u1ea3n r\u00e0ng bu\u1ed9c v\u1ec1 m\u1eb7t ph\u00e1p l\u00ed gi\u1eefa nh\u00e0 ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu v\u00e0 tr\u00e1i ch\u1ee7.<\/p>\n

C\u00e1c <\/b>giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu\u00a0<\/b>l\u00e0 m\u1ed9t \u0111i\u1ec1u kho\u1ea3n r\u00e0ng bu\u1ed9c v\u1ec1 m\u1eb7t ph\u00e1p li\u0301 gi\u1eefa nh\u00e0 ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu v\u00e0 chu\u0309 s\u01a1\u0309 h\u01b0\u0303u tra\u0301i phi\u00ea\u0301u \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 b\u1ea3o v\u1ec7 l\u1ee3i \u00edch c\u1ee7a c\u1ea3 hai b\u00ean. C\u00e1c giao \u01b0\u1edbc kh\u00f4ng \u0111\u01b0\u01a1\u0323c th\u01b0\u0323c hi\u1ec7n ho\u1eb7c hay giao \u01b0\u01a1\u0301c h\u1ea1n ch\u1ebf c\u1ea5m nh\u00e0 ph\u00e1t h\u00e0nh th\u1ef1c hi\u1ec7n m\u1ed9t s\u1ed1 ho\u1ea1t \u0111\u1ed9ng nh\u1ea5t \u0111\u1ecbnh; c\u00e1c giao \u01b0\u1edbc pha\u0309i th\u01b0\u0323c hi\u00ea\u0323n hay giao \u01b0\u01a1\u0301c ch\u00e2\u0301p ha\u0300nh \u0111\u00f2i h\u1ecfi ng\u01b0\u1eddi ph\u00e1t h\u00e0nh ph\u1ea3i \u0111\u00e1p \u1ee9ng c\u00e1c y\u00eau c\u1ea7u c\u1ee5 th\u1ec3.<\/p>\n

Giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu l\u00e0 m\u1ed9t ph\u1ea7n quan tro\u0323ng trong ca\u0301c t\u00e0i li\u1ec7u ph\u00e1p li\u0301 \u0111i ke\u0300m v\u01a1\u0301i tr\u00e1i phi\u1ebfu doanh nghi\u1ec7p v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7. Ca\u0301c kh\u00ea\u0301 \u01b0\u01a1\u0301c tr\u00e1i phi\u1ebfu<\/b> ch\u1ee9a c\u00e1c giao \u01b0\u1edbc kh\u00f4ng \u0111\u01b0\u01a1\u0323c th\u01b0\u0323c hi\u1ec7n va\u0300 c\u00e1c giao \u01b0\u1edbc pha\u0309i th\u01b0\u0323c hi\u1ec7n pha\u0309i \u0111\u01b0\u1ee3c tu\u00e2n thu\u0309 trong su\u1ed1t v\u00f2ng \u0111\u1eddi c\u1ee7a tr\u00e1i phi\u1ebfu cho \u0111\u1ebfn khi \u0111\u00e1o h\u1ea1n.\u00a0<\/p>\n

C\u00e1c giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu bao g\u1ed3m c\u00e1c h\u1ea1n ch\u1ebf v\u1ec1 ca\u0301c khoa\u0309n vay n\u1ee3 th\u00eam, c\u00e1c y\u00eau c\u1ea7u nh\u00e0 ph\u00e1t h\u00e0nh tra\u0301i phi\u00ea\u0301u cung c\u1ea5p b\u00e1o c\u00e1o t\u00e0i ch\u00ednh \u0111\u00e3 \u0111\u01b0\u1ee3c ki\u1ec3m to\u00e1n cho c\u00e1c tr\u00e1i ch\u1ee7 cu\u0303ng nh\u01b0 c\u00e1c h\u1ea1n ch\u1ebf v\u00ea\u0300 quy\u00ea\u0301t \u0111i\u0323nh \u0111\u1ea7u t\u01b0 v\u1ed1n m\u1edbi.<\/p>\n

Khi m\u1ed9t c\u00f4ng ty pha\u0301t ha\u0300nh tra\u0301i phi\u00ea\u0301u vi ph\u1ea1m giao \u01b0\u1edbc, n\u00f3 \u0111\u01b0\u1ee3c coi l\u00e0 kh\u00f4ng co\u0301 kha\u0309 n\u0103ng tra\u0309 n\u01a1\u0323 ki\u0303 thu\u1eadt (hay v\u01a1\u0303 n\u01a1\u0323 ki\u0303 thu\u00e2\u0323t<\/b>). M\u1ed9t h\u00ecnh ph\u1ea1t ph\u1ed5 bi\u1ebfn cho vi\u1ec7c vi ph\u1ea1m giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu l\u00e0 h\u1ea1 b\u1eadc x\u1ebfp h\u1ea1ng c\u1ee7a tr\u00e1i phi\u1ebfu, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 khi\u1ebfn n\u00f3 tr\u1edf n\u00ean k\u00e9m h\u1ea5p d\u1eabn h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 l\u00e0m t\u0103ng chi ph\u00ed vay c\u1ee7a nh\u00e0 ph\u00e1t h\u00e0nh.\u00a0<\/p>\n

V\u00ed d\u1ee5, Moody, m\u1ed9t trong nh\u1eefng t\u1ed5 ch\u1ee9c x\u1ebfp h\u1ea1ng t\u00edn d\u1ee5ng l\u1edbn \u1edf My\u0303, \u0111\u00e1nh gi\u00e1 ch\u1ea5t l\u01b0\u1ee3ng giao \u01b0\u1edbc c\u1ee7a tr\u00e1i phi\u1ebfu theo thang \u0111i\u1ec3m t\u1eeb 1 \u0111\u1ebfn 5, v\u1edbi 5 l\u00e0 k\u00e9m nh\u1ea5t. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 m\u1ed9t tr\u00e1i phi\u1ebfu c\u00f3\u00a0giao \u01b0\u1edbc x\u1ebfp h\u1ea1ng 5 l\u00e0 m\u1ed9t d\u1ea5u hi\u1ec7u cho th\u1ea5y c\u00e1c giao \u01b0\u1edbc \u0111ang b\u1ecb vi ph\u1ea1m m\u1ed9t c\u00e1ch co\u0301 h\u00ea\u0323 th\u00f4\u0301ng. Vi\u1ec7c h\u1ea1 c\u1ea5p x\u00ea\u0301p ha\u0323ng ti\u0301n du\u0323ng la\u0300 do m\u1ed9t l\u01b0\u1ee3ng l\u1edbn tr\u00e1i phi\u1ebfu co\u0301 ru\u0309i ro cao \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh hay nh\u1eefng tr\u00e1i phi\u1ebfu c\u00f3 giao \u01b0\u1edbc nghi\u00eam ng\u1eb7t d\u1ec5 b\u1ecb v\u1ee1 n\u1ee3 h\u01a1n.<\/p>\n

M\u1ed9t v\u00ed d\u1ee5 v\u1ec1 giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu<\/font><\/h3>\n

V\u00e0o ng\u00e0y 23 th\u00e1ng 6 \u01a1\u0309 Ha\u0323t Hennepin, bang Minnesota, My\u0303 \u0111\u00e3 ph\u00e1t h\u00e0nh m\u1ed9t tr\u00e1i phi\u1ebfu<\/b> t\u00e0i tr\u1ee3 m\u1ed9t ph\u1ea7n cho trung t\u00e2m chuy\u00ean khoa ngo\u1ea1i tr\u00fa c\u1ea5p c\u1ee9u \u01a1\u0309 \u0111\u00e2y. X\u1ebfp h\u1ea1ng ti\u0301n du\u0323ng cu\u0309a Fitch \u0111\u00e3 cho tr\u00e1i phi\u1ebfu na\u0300y x\u1ebfp h\u1ea1ng AAA, v\u00ec tr\u00e1i phi\u1ebfu \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi uy ti\u0301n, t\u00edn d\u1ee5ng v\u00e0 quy\u1ec1n l\u1ef1c thu\u1ebf kh\u00f4ng gi\u1edbi h\u1ea1n c\u1ee7a chi\u0301nh quy\u00ea\u0300n qu\u00e2\u0323n.\u00a0<\/p>\n

M\u1ed9t vi\u0301 du\u0323 kha\u0301c la\u0300 ba\u0309ng x\u1ebfp h\u1ea1ng na\u0300y \u0111\u00e3 cho tr\u00e1i phi\u1ebfu gi\u1edbi h\u1ea1n thu\u00ea\u0301 GO cu\u0309a C\u01a1 quan \u0110\u01b0\u01a1\u0300ng s\u0103\u0301t khu v\u01b0\u0323c Qu\u1eadn Hennepin (HCRRA) x\u00ea\u0301p ha\u0323ng cao v\u00ec nh\u1eefng li\u0301 do t\u01b0\u01a1ng t\u1ef1, bao g\u1ed3m c\u1ea3 vi\u1ec7c qu\u1eadn c\u00f3 th\u1ec3 tr\u1ea3 n\u1ee3 b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng ca\u0301c khoa\u0309n thu thu\u1ebf gia\u0301 tri\u0323.<\/p>\n

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

\n Giao \u01b0\u1edbc tr\u00e1i phi\u1ebfu (ti\u00ea\u0301ng Anh: Bond Covenant) l\u00e0 m\u1ed9t \u0111i\u1ec1u kho\u1ea3n r\u00e0ng bu\u1ed9c v\u1ec1 m\u1eb7t ph\u00e1p l\u00ed gi\u1eefa nh\u00e0 ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu v\u00e0 tr\u00e1i ch\u1ee7.\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\/31516"}],"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=31516"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31516\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}