Uyini tranches? Imigomo ukunikezela

Tranche (tranche) lihunyushwe kwelesiHeberu French kusho ingxenye noma yabelana izibambiso, izibopho zabo Ukukhishwa kwenzekani ukuze kuthuthukiswe izimo emakethe.

Uyini tranches?

Uma kucatshangelwa ukusetshenziswa ethile yomculo kungaba evamile delimit nobukhulu bayo kanje:

1. Ukubeka futhi imali emakethe yamasheya.
2. Uboleka izikhungo zabo emabhange.
3. Ukuhlinzekwa States tranches we IMF.

Ukuqonda igama elithi "tranche" kumelwe isuke ukuhlukanisa ngenhla, nezindlela yokunikeza usizo lwezimali. Uyini tranches e nokutshala izimali? Lo magazini izibambiso (CB) nemibandela efanayo, kungakhathaliseki lapho ingxenye okukhipha Imininingwane isetshenziswa. Lokho kuyingxenye Central Bank anikezwe kancane kancane, lapho izimo umboleki wokwenziwe kuhlangatshezwene nazo ngokuya nokukhokhwa kumagazini wokuqala.

Uyini tranches e uboleka? IBhange ubeka imingcele udaba kwezimali inhlangano umboleki (wesikweletu), futhi ngaphakathi lo mkhawulo umnikeza isamba ezidingekayo. Kulesi inhlangano, umboleki unelungelo ukusebenzisa ukwaba okusha imalimboleko ngokufunwa, uma zonke izibopho ukukhokha izikweletu Kwakuseshwa emva tranching kuqala.

Uyini tranches we-International Monetary Fund (IMF)? Ziyakwazi ifaniswe nomugqa wekhredithi izinkampani, kwasinda izimo enikezelwe yabo. Njengomthetho, IMF ibeka phambili izidingo ezithile, okungezona ukuhambisana letiphutfumako lapho live letfu angase asale engenalo uxhaso. izidingo IMF kungenzeka bemvelo kwezombangazwe nakwezomnotho.

Credit tranche kanye nemibandela

Yini loan isitolimende, oluchazwe ngenhla. welithi "wesikweletu" ngokuvamile utholakala, okuyinto nsé enalesi sihloko. Njengengxenye yesivumelwano phakathi kwebhange umboleki kuthiwa ezibekwe zonke izimo futhi sokukhokhwa nomugqa wekhredithi. Umnqopho we le dokhumenti enikelwe nomkhawulo ayiswe. Okwedlulele imikhawulo design yesivumelwano akukwazeki tranching. Kunalokho, ibhange kungenzeka ukuthi abeke amaphesenti ezengeziwe (mayelana 0.5% ngonyaka, kuncike ezicini eziningana) ngengxenye engasetshenziswanga we okusele kwesikweletu kusho. Ngakho, ibhange ukhuthaza umboleki ukuthatha ngokugcwele nokuhlinzekwa credit.

Imibandela ngaphansi elikhiphe tranche tibalwe lapha ngentasi.

1. Imbuyiselo ngokuhambisana ishejuli yenkokhelo.
2. Accrual zenzuzo nokubolekwa izimali.
3. Solvency lenkampani noma eseduze eyengeziwe ngoba loan ngesimo amafa ayo inzuzo ka umboleki.

Tranches e obolekisayo

Uyini ukuhlinzekwa tranche ngaphansi nesivumelwano sokubolekwa? Ukuze uqonde lo mbuzo kuyinto kahle kulula uma ungakhohlwa incazelo yegama elithi tranche. Khumbula kusukela French kusho "ingxenye". Ngakho, ukuhlinzekwa tranche - kuyinkinga we isabelo zimali ngaphakathi umkhawulo olusungulelwe umboleki.

tranche ngamunye angase anikezwe kokubili ngesicelo umboleki ngesikhathi eside yesivumelwano, futhi ngesikhathi esibekiwe ecacile. Zonke ezicashile kuthengiselana bhalisiwe e nesivumelwano sokubolekwa. Obolekayo ubophekile ukuba fulfill bo bopho ngesikhathi futhi ngokugcwele. A umbolekisi, esikhundleni salokho - ukuhlinzeka okufunekayo inhlangano tranche we kwemali.

Izinzuzo nomugqa wekhredithi

Ngokungafani yasebhange ejwayelekile elikhiphe loan, umugqa wesikweletu ikhange esengeziwe ababoleka, kanye nezikhungo zezimali. Izinzuzo esemqoka tranching ngaphansi onazo zimi kanje.

1. Inombolo Unlimited of tranches. Ukulisebenzisa ngokuphindaphindiwe igama imali. Umugqa credit kungaba umkhawulo izabelo ezithile nalesebentisa non-ivuselelwe. Esikhathini okufana lenhlangano loan yesibili angasebenzisa tranches eziningana, kodwa inani ayikwazi ukudlula ufika emkhawulweni obaluliwe. Uma umugqa wesikweletu ivuselelwa ke sokukhokhwa tranches kuthathwe umboleki Ungayisebenzisa futhi. Ngokwesibonelo, nomkhawulo credit ezikhanyisayo umugqa owodwa esigidini sama-dollar. Umboleki afuniwe tranche lokuqala $ 300 000, ezokhokhelwa wona kwinkontileka (2 izinyanga) isikhathi, ngakho esiphezulu kungaba uphinde usebenzise eyodwa esigidini sama-dollar. Futhi endabeni non-ezijikelezayo wesikweletu kulandela ingxenye abekelwe emaceleni imalimboleko ngoba bekungaba 700 000 kuphela zamadola.
2. Isithakazelo ngoba ukusetshenziswa tranche angase akhokhiswe ngezindlela ezahlukene - kungaba ejwayelekile, eqondiswa kungakhathaliseki umkhawulo enikeziwe isikhathi yesivumelwano. Noma angase abe nemigomo eqondile amacala. IBhange banganikeza umboleki ezihlukahlukene izimo accrual zenzuzo tranche ngamunye. Isithakazelo Kunoma yikuphi, likhokhelwa kuphela lemali washisa (tranche).
3. Nezikweletu bhala-off senzeka ngokuzenzakalela uma uthola imali kwi-akhawunti yenhlangano, okuyinto ekahle kakhulu njengoba yonga isikhathi.