Bond Basics: Issue Size & Date, Kukura Kwekukosha, Coupon

Zvose zvinosungirirwa zvine zvishanu zvinoshandiswa pazvinenge zvabudiswa: kubuda kwemashoko, zuva rinobuda, zuva rekukura, kukosha kwekukura, uye chikwata. Kana zvisungo zvichisunungurwa, kubereka kukura kunosvika chimiro chakakosha pakugadzirisa zvibereko chaiyo mukoti achagamuchira.

Nyaya yenyaya - Shamba rekubudiswa kwechibvumirano chikamu chezvisungo zvakabudiswa zvinowanikwa nehuwandu hwemaziso. Semuenzaniso, kana sangano rinoshandisa mabhiriyoni maviri ezvisungo ne $ 100 mutengo wemasoko, kukoswa kwebhuku iri $ 200 mamiriyoni emadhora.

Kukura kwebhuku kunoratidza zvose zvinokwereta zvinodiwa zvebumbiro rinobudisa zvibvumirano , pamwe nekuda kwemashamba kwechibvumirano chezvibereko zvinogamuchirwa kune anopa.

Nyaya yezuva - Nyaya yezuva inongova zuva iro bhisho rinobudiswa uye rinotanga kuwedzera kufarira.

Zuva rekukura - Zuva rakakura ndiro zuva apo mutyairi anogona kutarisira kuti mukuru wake apiwe. Zvinokwanisika kutenga uye kutengesa bhandi mumusika wakatarisana isati yasvika pakukura kwayo.

Kukura kwekukura - iyo mari yemunhu anopa chikwereti achabhadhara muridzi wechibvumirano musi wekukura. Izvi zvinogonawo kutumidzwa se "pricing" kana kuti "kukosha kwechiso."

Sezvo zvisungo zvichitengeserana pamusika wakatarwa kubva pazuva razvo kuburitsa kusvika pakukura kwavo, mutengo wavo wekutengesa uchazosiyana zvakasiyana nekukura kwavo kukosha. Zvisinei, kudzivisa kusakwana , vatengesi vanogona kutarisira kugamuchira kukoshesa kwekukura pane zuva rakatarwa rinokura, kunyange kana kukosha kwekutengeswa kwechibvumirano kuchichinja munguva yeupenyu hwavo.

Coupon - Chikwata chechikwata chibhadharo cheperiodic chinoshandiswa nemupiki panguva yehupenyu hwehutano. Semuenzaniso, kana kusungwa ne $ 10 000 kukura kwechipo kunopa chikamu che 5%, mutyairi anogona kutarisira kugamuchira $ 500 gore roga roga kusvikira musungo uchikura. Izwi rokuti "chikwata" rinobva mumazuva apo vatengesi vaizobata zvipfeko zvehuviri hwepanyama nemakonti chaiwo avangapedza uye vauye kuzobhadhara.

Kuzvipira Kukura - Sezvo zvisungo zvinoshandiswa pamusika wakashama, chibereko chaiyo mukoti anogamuchira kana vakatenga bhizinesi mushure mekusimuka kwaro zuva ("chibereko kusvika pakukura") chakasiyana nemutengo wekuburitsa.

Semuenzaniso, kutora dhora iri kubva pamuenzaniso wepamusoro. Imwe kambani inobatanidza zvisungo zvemakore gumi nemaonero ekutarisa $ 10 000 mumwe nomumwe uye chikwata che 5%. Mumakore maviri achitevera kuburitsa, kambani inowanikwa inowedzera mari, iyo inowedzera mari kumashizha ayo uye inoipa iyo ine simba rakanyanya mune zvemari. Zvose zvimwe zvakaenzana, zvisungo zvayo zvaizomuka mumutengo, zvinoreva ku $ 10 500, uye chibereko chaizowira (sezvo mitengo nemichero zvinofamba nenzira dzakasiyana ). Kunyange zvazvo chikwata chacho chaizoramba chiri pa5%, zvichireva kuti vatengesi vaizopiwa kubhadhara kwakafanana gore negore ($ 500), mubhadhati uyo akatenga bhandi mushure mekunge atosimuka mumutengo aizogamuchira muchero wechidiki kusvika pakukura. Muchiitiko ichi: $ 500 yepikoni yakabatanidzwa ne $ 10,500 chiso chinokosha, kuitira chibereko kusvika pakukura kwe 4.76%. Nenzira iyi, chikwata chebhandi uye chibereko chaicho chaicho hachisi chaicho. Kuzvipira kukura, uye kwete chikwata, ndicho chibereko mutapi anogamuchira kana apedza kusunga chibvumirano.

Dzidza zvakawanda nezvemasimboti ezvisungo .