Dealers’ quotations

Данные о продажах и покупках среднесрочных правительственных казначейских векселей и казначейских облигаций, которые печатают все основные газеты, имеющие финансовые разделы. Например, на момент прекращения операций (6 января 1986 г.) со среднесрочными правительственными казначейскими векселями, срок погашения которых наступил бы в 1989 г., их котировка выглядела следующим образом:

Date

Rate

Bid

Change

Yield

may 89 n

113/4

109.11

109.5

8.45

Источник: New York Times, January 7, 1986, D16.

Date — вексель, выпущенный 5 марта 1984 г., имеет срок погашения 15 мая 1989г.

n — среднесрочный казначейский вексель. Если вместо n стоит р , то это будет означать, что не проживающие в стране иностранцы освобождаются от выплаты налогов на доходы по среднесрочному казначейскому векселю.

Rate — купонная ставка — равна 3/4%. Это означает, что вексель стоимостью 1 млн. долларов принесет в год 117,500 тыс.долларов или 58,750 тыс. долларов каждые полгода. При погашении векселя его владелец получит 1 млн. долларов, как и указано на векселе. Этот вексель продается с премией, поскольку его цена выше номинала.

Bid — предложенная цена. Это цена, которую платили или за которую покупали этот вексель на момент закрытия рынка. Показывается как процентное отношение к номиналу, в 32-х долях, т.е. 109 11 /32 % от номинала или 1093437,50 доллара за вексель номиналом в 1 млн. долларов.

Ask — запрашиваемая цена. Это цена, по которой дилеры будут продавать этот вексель, т.е. 109 15/32 от номинала или 1094687,50 доллара, получая при этом прибыль в размере 1250 долларов за счет разницы между предложенной ценой и запрашиваемой.

Change — изменение в цене по сравнению с прошедшим днем — составило 2/32 или 625 долларов. Минус означает, что цена упала на 625 долларов по сравнению с ценой предложения в прошлый день.

Yield — доход, который получит покупатель векселя, купивший его по цене, запрашиваемой дилерами и сохранивший его до срока погашения.

Размер ставки годового совокупного дохода, полученный путем расчета несколько отличен от того, который указан в дилерской котировке. Это отличие, составляющее 0,03%, образуется за счет неучтенного дохода в наших расчетах, который получает покупатель векселя от реинвестирования полученных выплат процента.

См. тж.: Treasure bonds; Treasure notes.

Economics: Англо-русский словарь-справочник
Долан Э. Дж., Домненко Б.И.

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