{"id":50068,"date":"2017-06-02T17:32:11","date_gmt":"2017-06-02T14:32:11","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=50068"},"modified":"2017-06-03T10:33:16","modified_gmt":"2017-06-03T07:33:16","slug":"mahfi-egilmez-osmanli-dis-borclanmasindan-menkul-kiymetlestirmeye","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/mahfi-egilmez-osmanli-dis-borclanmasindan-menkul-kiymetlestirmeye\/","title":{"rendered":"Mahfi E\u011filmez &#8211;\u00a0Osmanl\u0131 D\u0131\u015f Bor\u00e7lanmas\u0131ndan Menkul K\u0131ymetle\u015ftirmeye"},"content":{"rendered":"<p><strong><em>Bug\u00fcnlerde \u00e7ok konu\u015fulan s\u00fcrekli tart\u0131\u015f\u0131lan konular\u0131n ba\u015f\u0131nda menkul k\u0131ymetle\u015ftirme (securitization) geliyor. <\/em><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1149971600\"><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>Menkul k\u0131ymet, finans dilinde, hisse senedi, tahvil, bono gibi gelir getiren bir k\u0131ymetli evrak\u0131 tan\u0131mlamakta kullan\u0131l\u0131r. Alacaklar, krediler ya da kira gelirleri gibi varl\u0131klar\u0131n temsil etti\u011fi alacak haklar\u0131n\u0131n ihra\u00e7 edilen menkul k\u0131ymete dayanak olu\u015fturmas\u0131 ve bundan gelir sa\u011flanmas\u0131 i\u015flemine de menkul k\u0131ymetle\u015ftirme denir.<\/p>\n<p>A Bankas\u0131n\u0131n 100 milyon TL\u2019lik bir y\u0131l vadeli y\u00fczde 15 faizli kredi alaca\u011f\u0131 kar\u015f\u0131l\u0131\u011f\u0131nda 100 milyon TL nominal de\u011ferli bir senet haz\u0131rlay\u0131p bunu B Bankas\u0131na 90 milyon TL\u2019ye satmas\u0131 menkul k\u0131ymetle\u015ftirme i\u015flemidir. Sistem basit bi\u00e7imde \u015f\u00f6yle i\u015fleyecektir: A Bankas\u0131 bir y\u0131l vadeli y\u00fczde 15 faizli 100 milyon TL\u2019lik kredi a\u00e7m\u0131\u015ft\u0131r. Y\u0131lsonunda bunu y\u00fczde 15 faiziyle birlikte 115 milyon TL olarak tahsil edecektir. A Bankas\u0131 bu kredi alaca\u011f\u0131n\u0131 kar\u015f\u0131l\u0131k g\u00f6stererek menkul k\u0131ymetle\u015ftirme yapm\u0131\u015f ve haz\u0131rlad\u0131\u011f\u0131 senedi B Bankas\u0131na 90 milyon TL\u2019ye satm\u0131\u015ft\u0131r. Bir y\u0131l\u0131n sonunda A Bankas\u0131 kredi alaca\u011f\u0131n\u0131 115 milyon TL olarak tahsil edecek ve B Bankas\u0131ndaki senedini alarak ona 100 milyon TL \u00f6deyecektir. Bu i\u015flemlerin sonucunda: A Bankas\u0131 kredi alaca\u011f\u0131n\u0131 erkenden paraya \u00e7evirip 90 milyon TL alm\u0131\u015f ve bununla yeniden kredi a\u00e7m\u0131\u015f olacak. Yani 100 milyon TL mevduatla 190 milyon TL kredi a\u00e7abilecek (zorunlu kar\u015f\u0131l\u0131klar\u0131 ihmal edip, net d\u00fc\u015f\u00fcn\u00fcyorum), B Bankas\u0131 elindeki 90 milyon TL\u2019yi garanti getirili bir ka\u011f\u0131da yat\u0131r\u0131p bir y\u0131l sonunda 100 milyon TL al\u0131p [(100 \u2013 90) \/ 90)] y\u00fczde 11 faiz geliri elde etmi\u015f olacak. A Bankas\u0131n\u0131n riski a\u00e7t\u0131\u011f\u0131 krediyi geri alama riskidir. Bu durumda B Bankas\u0131ndan ald\u0131\u011f\u0131 90 milyon TL ile yeni kredi a\u00e7t\u0131\u011f\u0131 i\u00e7in oradan elde edece\u011fi parayla \u00f6demeyi yapabilir. B Bankas\u0131n\u0131n tek riski A Bankas\u0131n\u0131n batma riskidir.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.mahfiegilmez.com\/2017\/06\/osmanl-ds-borclanmasndan-menkul.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow external\" data-wpel-link=\"external\">TIKLAYINIZ<\/a>. (Mahfiegilmez.Com)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bug\u00fcnlerde \u00e7ok konu\u015fulan s\u00fcrekli tart\u0131\u015f\u0131lan konular\u0131n ba\u015f\u0131nda menkul k\u0131ymetle\u015ftirme (securitization) geliyor. Menkul k\u0131ymet, finans dilinde, hisse senedi, tahvil, bono gibi gelir getiren bir k\u0131ymetli evrak\u0131&hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"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":[808,801,847],"class_list":["post-50068","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-mahfi-egilmez-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/50068","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\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=50068"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/50068\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=50068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=50068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=50068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}