ari Convertible Contingent Bonds, vave chishandiso chemari kumasangano emabhangi pamberi pechido chinodzokororwa chekuzadzisa zvinodiwa nemari. Muchikamu chino, tinopa kwauri kuti CoCos chii uye kuti chii chakanakira.
Convertible Contingent Bonds inobvumira kukurumidza kudzokororwa kweanowana.
Convertible Contingent Bonds.
Munguva itsva yezvemabhanga nezvemari, hurumende dzakavandudza mitemo yezvemari nechinangwa chekuchengetedza zvido zveveruzhinji uye kunyanya masangano adzo emabhanga. Kuti izvi zviitike, zvidiki zvemacapitalization quotas zvinodikanwa kupindura kune zvinozoitika zvinogona kukanganisa kugadzikana kwehurongwa hwemari. Nechikonzero ichi uye kuve nechokwadi chekuteedzera neiyo shoma capital capital inodiwa nemasangano emari, iyo Convertible Contingent Bonds (CoCos), rudzi rwebhondi ine hunhu hwechikwereti nekubhadhara mubereko kune investor uye capital nekuva nemvumo yekuishandura kuita shares kukambani kana mubatanidzwa wakavapa.
ari Convertible Contingent Bonds, vane zvimiro zvakagara zvakatangwa nesangano rinoburitsa, kunyanya kutenderwa kushandurwa kuita masheya, izvo zvinosiyana neyakajairwa inotendeutswa bond, apo muwani ndiye anosarudza kuti ozvishandura here kana kuti kwete, uye kana zvikasadaro, mupi anodzosera mari yacho nekudzorera. chikwereti sechishandiso chegeneric; muCoCos, mutengi haana simba rekushandura kana kusafanana; mupfungwa iyi, the Convertible Contingent Bonds, bvumira kukurumidza uye kwakachipa kusati kwabvumiranwa kudzoreredza kwenzvimbo yezvemari nekuishandura kuita masheya.
Convertible Contingent Bonds inoshanda sei?
Kazhinji, iyo Convertible Contingent Bonds, inowanwa nemasangano ehurongwa hwemari iyo inopa kuperevedza kungangove mukuteerana neiyo mishoma capital zviyero; Nekuda kweizvozvo, sarudzo dzekuchinja kwayo dziri mumaoko esangano rinoburitsa, iro rinozotsanangura mamiriro ezvinhu isati yaitwa chibvumirano uye kazhinji, aya mamiriro akatemerwa anomanikidza shanduko kuita masheya nemutengi nekuda kwekudonha kuri pedyo. muchikamu chikuru cheiyo institution iri pazasi peiyo mishoma yakatarwa zviyero, kureva kuti, kana bhangi riri munzvimbo isina kunaka yekuzadzisa capital quota yaro, ichava nechisungo chekushandura chikwereti chayo kuita capital nekuchishandura kuita shares ichifarira mupi .
Zvakanakira Cocos
Sezvatakambotaura, the Convertible Contingent Bonds Ivo vanobvumira kukurumidza kudzoreredzwa kune investor ine pre-yakasimbiswa mamiriro ekushandurwa kuita masheya. Nenzira iyi, masangano akakwanisa kuramba akagadzikana zvizere mukuzadzisa zvimiro zvawo zvishoma pamberi pemasangano anodzora ehurongwa hwemari, zvichiita kuti CoCos ive chishandiso chakanakisa chekutsigira kuzadzisa zvisungo zvavo.
Kune vanowana
ari Convertible Contingent Bonds Iwo anokwezva zvakanyanya kune vese vanodzora hurongwa hwemari uye kumabhangi, avo vanogara vachida mari uye iri pano, uko maCoCos, anosimbisa hutongi hwemasangano ezvemari panguva dzakaoma dzekuzadzikiswa kwezvisungo zvavo pamberi pemasangano anodzora. iyo Finance system. Neiyi nzira, vane kukurumidza kuita kudzikisa mwero wechikwereti chesangano rekudyara nehuwandu hwebhondi, zvichiwedzera mwero wayo wekudzoreredza muchikamu chimwe chete.
Convertible Contingent Bonds ine akawanda mabhenefiti kune vese vanoisa mari uye vanopa.
Imwe bhenefiti yevanowana ndeyekuti idi rekudyara mune izvi rinoshandura chishandiso ichi kuita mari yakagadziriswa mari apo bhondi ichiri kushanda, nekugamuchira muripo wemubereko wakagadzwa panguva yechibvumirano chechibvumirano. investor vanozviona zvakanyanya semari pane sechikwereti.
Zvakare, Convertible Contingent Bonds ivo vari pamusoro pezvikamu zvisati zvashandurwa, kuitira kuti mukukwanisa kubhuroka, vatengesi veCoCos vaizotora kutanga kupfuura vagovani vesangano.
Kune vanopa.
Kana vari vanopa, maCoCos anoonekwa serudzi rwemari kubva panguva iyo chibvumirano chekupa chibvumirano chaitwa, apo huwandu hwemari hwechikamu chekudyara uye kudonha kunogona kuitika kwemari yemari kuverengerwa. Izvo zvinofanirwa kuenderana nemasangano anodzora iyo hurongwa hwemari, sezvo vachifanira kutevedzera kutendeuka kwechikwereti kuita capital kuburikidza nekubhadhara nemasheya avo, izvo zvinozobvumira mupi kugovanisa kwake mu capital capital.
Kuti udzidze zvakawanda nezvenyaya dzine chekuita nemabhondi uye mamwe maturusi emari, muverengi anodiwa, tinokukoka iwe kuti ugare nesu uye uverenge zvinangwa zvebhizimisi chirongwa uye kudzamisa kufarira kwako munyika yezvemari.
Ko Contingent Convertible Bonds ine njodzi?
Kufanana nechero chombo chemari, Convertible Contingent Bonds, vane hunhu hwavo hunoratidza mamwe mazinga enjodzi kwavari uye chokwadi chekuti vanowana kudzoka kwepamusoro ndiyo mhedzisiro huru yekuti maCocos aya. takura njodzi yakanyanya.
Zvisinei, mukati memitemo yemari yemasangano akasiyana-siyana emabhangi, matanho asingagumi akaitwa anoda hutongi hunobudirira; Zvichienderana nemusimboti uyu, isu tinofanirwa kufunga kuti mapepa ezviyero zvemasangano ezvemari, vese vanopa nevanoisa mari, vakachena uye vane zvibereko uye mari yavo inovhara midziyo ine ngozi. Zvikadaro, the Convertible Contingent Bonds, inogona kuunza kudzoka kwakanyanya apo njodzi imwechete inogona kufungidzirwa: kuti mari yekambani inoisa mari haivharidzi njodzi dzezvinhu zvayo; zvisinei, mutemo wezvemari wanga uchigadzira marongero ekuti vawedzere mari yavo uye kuwedzera mari yavanotambira.
Saizvozvowo, tichifunga kuti mamiriro anowanzo kumanikidza kutendeuka kazhinji kana capital capital yemuridzi inowira pazasi peiyo mishoma yakatarwa miyero, chikwereti chinova capital panguva yakaoma zvakanyanya kune investor; Zvikasadaro, kana mamiriro emari achiramba akanaka kune investor, iyo Convertible Contingent Bonds Vanovimbisa muridzi wenguva dzose purofiti kuburikidza nekubhadhara kweiyo inoenderana mubereko, maererano neyakagadzikwa mamiriro ezvinhu panguva yekupihwa kwechibvumirano chekushanda.
Kana iwe uchiziva zvakanaka Contingent Convertible Bonds yekuisa mari, iyo investimendi ine musoro.
Naizvozvo, huwandu hwenjodzi hweCoCos hwakadzikira zvakanyanya mukusiyana nekuita kwavo purofiti, pamwe nechinangwa chinotevedzwa nekudyara kwavo nekuyedza kuwedzera huwandu hwemari panguva dzakaoma kune investor.