Bonds (mortgage) ee Russia, halkaas oo bangiyada lacag qaadan, waayo, mortgage ah?

Bonds (mortgage) mashquulin in ka badan 80% dhammaan xawaalad hantida maguurtada ah oo dalka Mareykanka ah, in Russia - in ka yar 10%. Rajada securities cad. Si kastaba ha ahaatee, aan la aqoon in badan, ma aha oo kaliya in bonds mortgage-shabaab sida, laakiin fikradaha aasaasiga ah.

aasaas

Bonds - waa securities in la siiyo xaq u leedahay inaad hesho a celinta ballan qaaday go'an. Waxay ka mid yihiin laba nooc:

1. Marka soo jeedinta - Waxaan jaban wax ku iibinayay qaalisan.
2. Boqolkiiba A go'an - soo jeedinaya dakhliga Maal (coupon) waqti cayiman ka dib.

Bonds - a securities deynta. Ku noqo ratings damaanad qaaday. xasiloonida ee shirkada, fursad weyn u ah helitaanka dakhliga yaboohay.

Waa maxay debaajiga (mortgage)?

bonds Mortgage - waa warqad deynta, refinances maalgelinta amaahda for real estate.

Tusaale ahaan, "AAA" Bank bixisaa amaahda si aad u iibsato guryaha. Capital isaga la, dabcan, xadidan. Iyadoo 1 billion rubles, bangiga soo saari karaa, tusaale ahaan, 1000, deynta. Dabcan, suuqa guryaha joojin doonaa marka lacag hay'ad credit ee ay maamusho bixi.

Yaa faa'iido?

Issue of bonds mortgage faa'iido u leh dhamaan ka qaybgalayaashu suuqa:

• Bank - kordhisaa mugga daymaha amaahda soo saaray.
• Investors - maalgashiga hanti in, iyada oo ku xidhan qiimaha guryaha ku kici waa in.
• Amaahdaana - dulsaarka samada sare ee amaahda la yareeyo by 1.5-2%. Dabcan, tirada ay yihiin kuwo yar, laakiin shuruudaha amaah ah lacagta caddad badan oo waa wax iska cad.
• Horumarinta - Shirkadaha dhismaha aadan "Xayiraadda" goobaha ay, laakiin sii wadaan in ay u shaqeeyaan.
• State - iman canshuurta ka horumarinta iyo iibka.
• Shaqaalaha - ay lama gooyn la'aan ah oo shaqo.

Sida deynta?

Haddaba, oo ku saabsan sida suuqa this. Bank "AAA" siinaysaa amaah ah si aad u iibsato guri ee qadarka 5 million rubles. waxaa iyagii loo soo saarta bonds (mortgage), wayna iibisaa on sarrifka saamiyada. Lacagta laga maal-tago amaahda cusub. Bixiso securities-bixinta muwaadiniinta on daynta.

beddeli

Bonds (mortgage) - ma aha qalab kaliya ee maal suuqa this. Waxaa jira xal kale:

• shahaadooyinka ka qaybgalka Mortgage - saamiga lacagta amaah ah barashada afku ee hanti ah. Maal helo xaq u leeyihiin inay ka macaashaan hantida maguurtada ah.
• Mortgage - ammaanka ah oo Xaqiijiyay xaq u leedahay in lacag ka amaahdaana helaan. Si ka duwan bonds (mortgage) in dammiin ah ee hantida maguuraanka ah - hantida helay.

Features of securities ee Russia

Dabcan, fikrad ka Maraykanka yimid, wax wanaagsan in aannu suuqa keeni kara. Si kastaba ha ahaatee, bonds mortgage ee Russia keena su'aalo badan sida maal iyo khabiiro. Ereyga "xasiloonida" ma aha dabaqi karo horumarinta dhaqaalaha dalka, gaar ahaan suuqa hantida maguurtada ah. In ka badan 1.5-2 sano ee lasoo dhaafay uu ma aha oo kaliya joojiyey koritaanka, laakiin sidoo kale si weyn u dhacay. Bonds (mortgage) ma dhalin kartaa dakhli suuqa hantida maguurtada ah, haddii aan korin doono.

Dhibka labaad ee - qiimaha sare ee securities ah. faa'iido-doon shirkadaha gaarka loo leeyahay iyo muwaadiniinta aan sabab noqon kara kara maal. All rajo yihiin iskula on lacagta hawlgabka ee gaarka loo leeyahay, bangiyada miisaaniyadda dheeraadka ah, taas oo la sheegay in aadan aqoon halka laga saaray.

Dhibaatada saddexaad - la'aanta ah ee ah qaab sharci ah oo dhamaystiran.

Waxaad xisaabo kartaa: qiimaha sare ee securities ah, xasilooni darro ee suuqa amaahda, iyo sidoo kale qaabka sharci xanuunsan-uuraysatay waa lagama yaabo in la horumariyo noocan ah securities ee Russia.

Maxaad bonds mortgage keentay in burburkii nidaamka 2008?

Xiisadda waa bonds mortgage bilaabay 2008 (CDO). Xaqiiqada ah in maal badan oo bilaabay in ay iibsadaan securities, oo garanaya in suuqa guryaha kireeya waxaa si joogto ah u koraya. Tani waxa ay saameyn ku istaraatijiyad ee bangiga, taas oo ahayd in la taag daran loobahanyahay ee macaamiishooda. Waxa ugu weyn ee - in ay noqon. Waxa jira kiisas marka daynta la siiyey 500 oo kun. Doolar dadka ma lahayn dakhli joogto ah. Waayo, bangiga, khatarta ugu yar - waxay heleen lacag ku kala gato saamiyada ka iibinta bonds amaahda.

Sidoo kale, isku bedelashada credit arrinta bangiyada, ie caymiska, haddii aan la oofin deynta.

Laakiin Ahraamta bilaabay inuu si ayna miiqdaan iyaga ka hooseeyey waxay bilaabeen inay soo saaraan bonds (CDO sindeetig). Tan iyo falanqaynta shirkadda, ma aan ogayn waxa uu yahay, waxay ku salaysan yihiin macluumaadka ka shirkadaha maalgashiga, waxay lagu sii daayo. Qaar ka mid ah la ogaado, laakiin way ka cabsadeen inay waayaan macaamiisha waaweyn. Of heerka khatarta silsilado ku BBB sameeyey xitaa more dhibaataysnaayeen hantida, laakiin heerka halista ayaa hore u barbareeyay AAA (sida US bonds dowladda amaah Federaalka), in gabi ahaanba waa ammaan. Tani waxay ogol yahay maal-haysta malaayiin doolar in ay maal warqad shqsiga ah oo lagu daray soo jiidan lacagta hawlgabka, kuwaas oo mamnuuc ah in ay maal-gashadaan hantida yar rating this. Dabcan, Ahraamta noocan oo kale ah si degdeg ah ama mar danbe ku heleen inay u qadimeen, marka qiimaha guryaha ay bilaabaan in ay hoos u. Waxaa dhacay. Halaagsamay shirkado maalgashi ballaaran, maal iyo wakiilada caymiska.

Balaariso maal this sharad ku bedelashada mortgage, in bixinaya caymiska ee rahaamad hantida maguurtada ah, taas oo lagu iibinayey qiime hooseeyo. Taasi waa, waxa uu ku maalgeliyey malaayiin doolar iyaga in ka dibna waxaad ka heli kartaa boqolaal malaayiin, sida no mid ka mid ah la rumeysan yahay in default.