Concept futhi izinhlobo izibopho

Isibopho - kuyinto i nokuvikeleka ekhishwe, okuyinto, kanye inothi promissory liyithuluzi izikweletu. Bondholder at wokusetshenziswa kwemali yensimbi wakhe ulindele ukuthola ukubaluleka ubuso izibambiso futhi isithakazelo zikhokhelwa ezinkathini esithile. Kuyinto lesi sici izibopho: prolixity izinkokhelo ngesikhathi, futhi ngandlela-thile kunzima ukulinganisa ukubaluleka kwesibopho.

Njengomthetho, isibopho issuers ukukhiqiza lolu hlobo sokuphepha ukusebenza dolobha ngenxa naleyo ebolekisayo. Nge lo msebenzi umthengi futhi izibopho umbolekisi kuyafana umthengi eqala izingozi zezimali nazo kunakwe lapho ekuhloleni. Ukuthandwa lolu hlobo loan ilula: nokutshala izimali ezinhlelweni izibopho kuhlobene nengozi ngaphansana ibhizinisi dolobha ukutshalwa kwezimali (imali kuyo), ukuze zimali kungenzeka kalula ukubala imali yakho esikhathini esizayo futhi ukubala inzalo ukuphepha. Ingozi okuzenzakalelayo, nakuba okuncane, njalo lapho, futhi ukunemba ukuhlaziywa nokwethenjelwa umkhiphi nalo kunakwe uma silinganisa izibopho. izindlela Amabhondi kokuhlaziywa ziyefana for nezinye izibambiso ezifana izikweletu noma izitifiketi zezimali ezitshaliwe (izindlela imali futhi izindlela ukuqhathanisa).

Okokuqala, abakushayi notshwala imali ikhumbula non-simultaneity of ukukhokhelwa isigqebhezana kanye namanani amukelwe kunezelwa ndawonye Imininingwane isigqebhezana isithakazelo, inkatho ukuze iphuzu othize ngesikhathi. Lesi sibalo ukungezwa ukubaluleka isibopho ehlisiwe ngesikhathi, okusho inkatho ukuze okwamanje samanje.

Ukwanda issuers yabo bonke abakhululekileyo nabayizigqila abathengi nomphumela ozuzisayo ku emakethe yezimali wonkana, ngoba kudala imithombo eyengeziwe kwezimali loan, ngaphezu sokubolekwayo. Kodwa, ngesikhathi esifanayo, ukukhula kwenani issuers futhi ibhange abolekise ukuthengiselana kuvikelwe izibambiso uketshezi kakhulu kungaholela ekulahlekelweni dolobha zezimali.

Uma ukudalula umqondo kuncike futhi izinhlobo izibopho, sidinga futhi uthole ukucwaningwa okuningiliziwe kokulandisa izibopho ohlongozwayo ongakhetha emakethe yezimali. Njengoba kukhona impela eningi izibopho ezahlukahlukene, ihlukaniswa ngezizathu eziningana.

Kuye okhipha la izibambiso, zikhona lezi zinhlobo ezilandelayo izibopho: uhulumeni, kamasipala, yenkampani, angaphandle. Isikhathi ukukhululwa ukuhlukanisa lezi zinhlobo izibopho, njengoba eboshwe kanye eshiwo ukuvuthwa usuku ngaphandle eside esinqunyiwe. Lo mqeqeshi owake wapheka, esikhundleni salokho, kungaba semisebenzi, medium- futhi yesikhathi eside. Iqembu lesibili wehlukile: obuphakade, izibopho callable (bangakwazi kungahoxiswa ngaphambi kokuphela kwethemu), eboshwe kanye ukuvuthwa kwesokudla, enwetshiwe futhi imisiwe. Umehluko phakathi enwetshiwe futhi imisiwe wukuthi ngowokuqala kungaba ukunweba umnqamulajuqu kokuthola kwenani eliyimali futhi ngesikhathi esifanayo uqhubeke ukuthola inzalo phezu imisiwe nje Ungahambisa noma ihlehlise ngosuku lokukhokha.

Izinhlobo izibopho lefa oda: bhalisiwe noma lwezikhali. Ngezinhloso udaba isibopho sabo zihlukaniswe labo ukuthi ukukhonza ukuze refinance nesikweletu kuleso umkhiphi nalezo ezisetshenziswa imali yokwakha ezithile utshalomali. Ukuze yokuhlala kusho: ibekwe ngokukhululekile futhi ngenkani. Ngu indlela buyiselo lenani par: inkokhelo olulodwa ukuvuthwa Isikhathi esinikelweko ngokuya ngokumumethweko, ukubuyiswa kwemali kuyavumelana.

Izinhlobo nguFeliksi ubunjalo ukwelashwa: non-Convertible convertible. Ukuqinisekisa: kuvikelwe futhi engavikelekile engenayo. Ukuze ukhokhele isigqebhezana isivuno izibopho ingalungiswa-rate, elintantayo isigqebhezana izinga nge nombala okwandisa izinga isigqebhezana, nge sakugcina / zero yekhuphoni, khokha Ukukhetha, futhi ekugcineni okuxubile uhlobo izibopho.