{"id":16916,"date":"2012-06-21T13:31:45","date_gmt":"2012-06-21T11:31:45","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=16916"},"modified":"2012-06-21T13:31:55","modified_gmt":"2012-06-21T11:31:55","slug":"nihayet-kredi-notumuz-artti","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/nihayet-kredi-notumuz-artti\/","title":{"rendered":"Nihayet Kredi Notumuz Artt\u0131"},"content":{"rendered":"<p>Yakla\u015f\u0131k iki y\u0131ld\u0131r beklenen kredi notu art\u0131\u015f\u0131 d\u00fcn Moody&#8217;s&#8217;den geldi. Kredi notumuz Moody&#8217;se g\u00f6re yat\u0131r\u0131m yap\u0131labilir diye tan\u0131mlanan d\u00fczeyin bir basamak alt\u0131nda. Not art\u0131\u015f\u0131yla beraber g\u00f6r\u00fcn\u00fcm\u00fcn olumlu (pozitif) oldu\u011fu vurguland\u0131. \u00d6n\u00fcm\u00fczdeki d\u00f6nemde makro ekonomik dengelerde g\u00f6r\u00fclebilecek daha olumlu geli\u015fmeler notumuzun artmas\u0131na yol a\u00e7abilir.<br \/>\nYat\u0131r\u0131m yap\u0131labilir d\u00fczeydeki kredi notu o \u00fclkeye yabanc\u0131lar\u0131n yat\u0131r\u0131m yap\u0131p yapmayaca\u011f\u0131n\u0131 belirleyen bir e\u015fik de\u011fil. Yat\u0131r\u0131m yap\u0131labilir kredi notunun tan\u0131m\u0131 baz\u0131 yat\u0131r\u0131m fonlar\u0131n\u0131n kaynaklar\u0131n\u0131 hangi alanlara yat\u0131rabilece\u011fi konusundaki k\u0131s\u0131tlamadan geliyor. Halk\u0131n uzun vadeli tasarruflar\u0131n\u0131 de\u011ferlendiren baz\u0131 uluslararas\u0131 yat\u0131r\u0131m fonlar\u0131 kredi notu belli bir d\u00fczeyin alt\u0131nda olan \u00fclkede ve\/veya yat\u0131r\u0131m ara\u00e7lar\u0131nda kaynaklar\u0131n\u0131 de\u011ferlendiremiyor. Dolay\u0131s\u0131yla, kaynaklar\u0131 bol ve uzun vadeli yabanc\u0131 yat\u0131r\u0131m fonlar\u0131n\u0131n devreden \u00e7\u0131kmas\u0131yla notu yat\u0131r\u0131m yap\u0131labilir d\u00fczeyin alt\u0131nda olan \u015firket ya da \u00fclkelerin bor\u00e7lanabilecekleri kesim daral\u0131yor.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3279816046\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p><strong>P\u0130YASALAR \u00d6NDE KO\u015eUYOR<\/strong><br \/>\nT\u00fcrkiye ekonomisinin kredi notu \u015fimdiye kadar yat\u0131r\u0131m yap\u0131labilir d\u00fczeyin iki basamak alt\u0131ndayd\u0131. Ge\u00e7enlerde S&amp;P kredi notumuzu de\u011fi\u015ftirmeyip g\u00f6r\u00fcn\u00fcm\u00fc olumsuza (negatif) \u00e7evirmi\u015fti. Moody&#8217;s&#8217;in bu \u00e7\u0131k\u0131\u015f\u0131 asl\u0131nda uluslararas\u0131 piyasalar\u0131n hissiyat\u0131na terc\u00fcman oldu. T\u00fcrkiye&#8217;nin \u00e7\u0131kard\u0131\u011f\u0131 bor\u00e7lanma senetlerinin ikinci piyasadaki fiyatlar\u0131 zaten T\u00fcrkiye&#8217;nin kredi notunun kredi derecelendirme kurulu\u015flar\u0131n\u0131n s\u00f6yledi\u011finden daha y\u00fcksek oldu\u011funa i\u015faret ediyordu. Not art\u0131\u015f\u0131na ra\u011fmen, kredi derecelendirme kurulu\u015flar\u0131n\u0131n duru\u015flar\u0131 hen\u00fcz piyasa dengelerinin T\u00fcrkiye riski konusunda ima etti\u011fi risk d\u00fczeyine gelmi\u015f de\u011fil.<br \/>\nDaha iki g\u00fcn \u00f6nce T\u00fcrkiye 2041 y\u0131l\u0131 vadeli bono ihra\u00e7 etti. Bir milyar dolarl\u0131k bono ihra\u00e7 edilece\u011fi duyuruldu\u011fu halde, 5 milyar dolar\u0131n \u00fczerinde teklif geldi. \u00c7ok do\u011fru olarak, Hazine ihra\u00e7 miktar\u0131n\u0131 art\u0131rmayarak piyasay\u0131, piyasa terimiyle, a\u00e7 b\u0131rakt\u0131. Olu\u015fan faiz d\u00fczeyi de bug\u00fcn bir\u00e7ok Avrupa \u00fclkesinin \u00f6dedi\u011fi faizlerin \u00e7ok alt\u0131nda kald\u0131. Piyasa fiyat a\u00e7\u0131s\u0131ndan da, miktar a\u00e7\u0131s\u0131ndan da, T\u00fcrkiye&#8217;yi yat\u0131r\u0131m yap\u0131labilir d\u00fczeyde bir risk olarak g\u00f6r\u00fcyor.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.bloomberght.com\/ht-yazarlar\/ercan-kumcu\/1166961-nihayet-kredi-notumuz-artti\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yakla\u015f\u0131k iki y\u0131ld\u0131r beklenen kredi notu art\u0131\u015f\u0131 d\u00fcn Moody&#8217;s&#8217;den geldi. Kredi notumuz Moody&#8217;se g\u00f6re yat\u0131r\u0131m yap\u0131labilir diye tan\u0131mlanan d\u00fczeyin bir basamak alt\u0131nda. Not art\u0131\u015f\u0131yla beraber&hellip;<\/p>\n","protected":false},"author":675,"featured_media":9441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/16916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=16916"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/16916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/9441"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=16916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=16916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=16916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}