{"id":106742,"date":"2024-12-11T10:58:14","date_gmt":"2024-12-11T10:58:14","guid":{"rendered":"https:\/\/gfssite.local\/sp-derecelendirme-sistemini-anlamak\/"},"modified":"2024-12-11T10:58:14","modified_gmt":"2024-12-11T10:58:14","slug":"sp-derecelendirme-sistemini-anlamak","status":"publish","type":"post","link":"https:\/\/globalfinanceschool.com\/tr\/sp-derecelendirme-sistemini-anlamak\/","title":{"rendered":"S&amp;P Derecelendirme Sistemini Anlamak"},"content":{"rendered":"<p>Hisse senetlerinin ve tahvillerin yat\u0131r\u0131m kalitesini puanlayan \u00fc\u00e7 b\u00fcy\u00fck kredi derecelendirme kurulu\u015fu vard\u0131r, en iyi bilinenlerden biri Standard &amp; Poor&#8217;s (S&amp;P). Bu hafta S&amp;P, ABD tahvillerinin notunu AAA&#8217;dan (&#8220;Triple-A&#8221;) AA+&#8217;ya d\u00fc\u015f\u00fcrd\u00fc. Her ikisi de g\u00fc\u00e7l\u00fc, yat\u0131r\u0131m yap\u0131labilir notlard\u0131r. Hem AAA hem de AA+, g\u00fcvenli uzun vadeli yat\u0131r\u0131mlar olarak kabul edilir. Son zamanlarda haberleri izliyorsan\u0131z, ABD&#8217;nin hangi sorun listesinin son not d\u00fc\u015f\u00fc\u015f\u00fcn\u00fc tetikledi\u011fini tahmin etmeye ba\u015flayabilirsiniz. Bir \u015fey olursa, &#8220;Neden \u015fimdi?&#8221; diye merak edebilirsiniz. Konut balonu resmi olarak 2007 civar\u0131nda patlad\u0131. ABD h\u00fck\u00fcmeti son birka\u00e7 y\u0131lda \u00e7ok say\u0131da finans kurumunu kurtard\u0131. ABD&#8217;nin ticaret a\u00e7\u0131\u011f\u0131 bu y\u0131l t\u00fcm zamanlar\u0131n en y\u00fcksek seviyesine ula\u015ft\u0131. Ve iki ana siyasi parti, pek \u00e7ok devlet \u00e7al\u0131\u015fan\u0131na \u00f6deme yapmama ve bor\u00e7 y\u00fck\u00fcml\u00fcl\u00fcklerini yerine getirmeme tehdidinde bulunarak b\u00fct\u00e7eyle temelde tavuk oynad\u0131. Ve \u015fimdi, h\u00fck\u00fcmet nihayet bir uzla\u015fmaya vard\u0131\u011f\u0131nda ve bor\u00e7 tavan\u0131n\u0131 y\u00fckseltti\u011finde, h\u00fck\u00fcmet mevcut faiz ve bor\u00e7 y\u00fck\u00fcml\u00fcl\u00fcklerini \u00f6deyeceklerini do\u011frulad\u0131\u011f\u0131na g\u00f6re, \u015e\u0130MD\u0130 notlar\u0131 d\u00fc\u015f\u00fcr\u00fcld\u00fc m\u00fc? Di\u011fer iki derecelendirme kurulu\u015fu olan Moody&#8217;s Investor Service ve Fitch Ratings&#8217;in ABD&#8217;yi hala en kaliteli veya &#8220;en k\u00fc\u00e7\u00fck risk derecesine&#8221; (Aaa) sahip olarak de\u011ferlendirdi\u011fini hat\u0131rlayal\u0131m. ABD&#8217;nin bir S&amp;P AA yat\u0131r\u0131m\u0131 olarak yeni durumunu daha iyi anlamak i\u00e7in, Standard &amp; Poor&#8217;un derecelendirme sistemi hakk\u0131nda k\u00fc\u00e7\u00fck bir ba\u015flang\u0131\u00e7 yapal\u0131m. S&amp;P&#8217;nin ba\u011f\u0131ms\u0131z h\u00fck\u00fcmetleri veya &#8220;egemenleri&#8221;, \u015firketleri, fonlar\u0131 ve di\u011fer yat\u0131r\u0131m t\u00fcrlerini derecelendirmek i\u00e7in farkl\u0131 kriterleri vard\u0131r. A\u015fa\u011f\u0131da \u00f6zetlenen alfabetik sistem, t\u00fcm yat\u0131r\u0131m t\u00fcrlerinde standartt\u0131r ve hisse senetlerinin, tahvillerin, halka a\u00e7\u0131k \u015firketlerin ve yabanc\u0131 \u00fclkelerin kar\u015f\u0131la\u015ft\u0131r\u0131lmas\u0131na olanak tan\u0131r.     <\/p>\n<p>&nbsp;<\/p>\n<h3>Yat\u0131r\u0131m S\u0131n\u0131f\u0131 G\u00fcvenlik Derecelendirmeleri:<\/h3>\n<ul>\n<li>AAA En g\u00fcvenli, en kaliteli menkul k\u0131ymetler. \u00d6rnekler: S&amp;P 500 endeksindeki bir\u00e7ok h\u00fck\u00fcmet ve \u00e7o\u011fu \u015firket. <\/li>\n<li>AA +, AA, AA- Y\u00fcksek kaliteli bor\u00e7lular, son derece g\u00fcvenli, \u00e7ok g\u00fc\u00e7l\u00fc.<\/li>\n<li>A +, A Kalite finansal menkul k\u0131ymetler, ancak ekonomik de\u011fi\u015fikliklere daha duyarl\u0131d\u0131r.<\/li>\n<li>BBB: Orta veya yeterli menkul k\u0131ymetler. Uzun vadeli yat\u0131r\u0131m i\u00e7in yeterince g\u00fcvenli, ancak ekonomik de\u011fi\u015fikliklere kar\u015f\u0131 savunmas\u0131z. <\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3>Yat\u0131r\u0131m Yap\u0131labilir Olmayan, AKA \u00d6nemsiz Tahviller:<\/h3>\n<ul>\n<li>BB: Ekonomik de\u011fi\u015fimlere daha yatk\u0131n. Uzun vadeli taahh\u00fctleri yerine getirme kapasitesi savunmas\u0131z olabilir. <\/li>\n<li>B: Finansal durum ve k\u0131sa vadeli taahh\u00fctleri yerine getirme kabiliyeti farkl\u0131l\u0131k g\u00f6sterir.<\/li>\n<li>CCC: \u015eu anda savunmas\u0131z. Taahh\u00fctleri yerine getirme yetene\u011fi, b\u00fcy\u00fck \u00f6l\u00e7\u00fcde elveri\u015fli ekonomik ve \u00e7evresel ko\u015fullara ba\u011fl\u0131d\u0131r. <\/li>\n<li>CC: Son derece savunmas\u0131z. \u00c7ok spek\u00fclatif yat\u0131r\u0131mlar. <\/li>\n<li>C: En savunmas\u0131z. Muhtemelen iflas etti, ancak yine de baz\u0131 y\u00fck\u00fcml\u00fcl\u00fckler \u00f6d\u00fcyor <\/li>\n<li>CI: Vadesi ge\u00e7mi\u015f faiz nedeniyle. (Mevcut bor\u00e7 y\u00fck\u00fcml\u00fcl\u00fcklerini yerine getirmedi). <\/li>\n<li>R: D\u00fczenleyici g\u00f6zetim veya tasfiye gibi d\u00fczenleyici i\u015flem alt\u0131nda.<\/li>\n<li>SD, baz\u0131 y\u00fck\u00fcml\u00fcl\u00fcklerde se\u00e7ici olarak temerr\u00fcde d\u00fc\u015ft\u00fc.<\/li>\n<li>D S&amp;P, y\u00fck\u00fcml\u00fcl\u00fcklerin \u00e7o\u011funda veya t\u00fcm\u00fcnde temerr\u00fcde d\u00fc\u015fece\u011fini tahmin ediyor.<\/li>\n<li>NR Derecelendirilmemi\u015f.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Hisse senetlerinin ve tahvillerin yat\u0131r\u0131m kalitesini puanlayan \u00fc\u00e7 b\u00fcy\u00fck kredi derecelendirme kurulu\u015fu vard\u0131r, en iyi bilinenlerden biri Standard &amp; Poor&#8217;s (S&amp;P). Bu hafta S&amp;P, ABD tahvillerinin notunu AAA&#8217;dan (&#8220;Triple-A&#8221;) AA+&#8217;ya d\u00fc\u015f\u00fcrd\u00fc. Her ikisi de g\u00fc\u00e7l\u00fc, yat\u0131r\u0131m yap\u0131labilir notlard\u0131r. Hem AAA hem de AA+, g\u00fcvenli uzun vadeli yat\u0131r\u0131mlar olarak kabul edilir. Son zamanlarda haberleri izliyorsan\u0131z, ABD&#8217;nin [&hellip;]<\/p>\n","protected":false},"author":4640,"featured_media":128275,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11602],"tags":[12423,11857],"class_list":["post-106742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ticaret-ipuclari","tag-abd-ekonomisi","tag-iktisat"],"_links":{"self":[{"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/posts\/106742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/users\/4640"}],"replies":[{"embeddable":true,"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/comments?post=106742"}],"version-history":[{"count":0,"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/posts\/106742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/media\/128275"}],"wp:attachment":[{"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/media?parent=106742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/categories?post=106742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalfinanceschool.com\/tr\/wp-json\/wp\/v2\/tags?post=106742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}