[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.lenkow.cz\/uroky-a-dluhopisy\/#Article","mainEntityOfPage":"https:\/\/www.lenkow.cz\/uroky-a-dluhopisy\/","headline":"\u00daroky a dluhopisy","name":"\u00daroky a dluhopisy","description":"Dluhopisy jsou vlastn\u011b docela ban\u00e1ln\u00ed v\u011bc. Jeden \u010dlov\u011bk m\u00e1 pen\u00edze a nepot\u0159ebuje je, zat\u00edmco druh\u00fd je pot\u0159ebuje a nem\u00e1, a kdy\u017e se pak tihle dva sejdou, m\u016f\u017ee b\u00fdt v\u00fdsledkem jejich sch\u016fzky i n\u011bjak\u00fd dluhopis. Tedy<p><a class=\"link\" href=\"https:\/\/www.lenkow.cz\/uroky-a-dluhopisy\/\">Pokra\u010dovat ve \u010dten\u00ed<\/a><\/p>","datePublished":"2018-12-11","dateModified":"2018-12-11","author":{"@type":"Person","@id":"https:\/\/www.lenkow.cz\/author\/#Person","name":"","url":"https:\/\/www.lenkow.cz\/author\/","identifier":1,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/edf965aa5e6319b22667bed24bb070a38fc0326fd1c728db50dc1d860a4a16ad?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/edf965aa5e6319b22667bed24bb070a38fc0326fd1c728db50dc1d860a4a16ad?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"lenkow.cz","logo":{"@type":"ImageObject","@id":"\/logo.png","url":"\/logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.lenkow.cz\/wp-content\/uploads\/img_a332957_w2616_t1546035243.jpg","url":"https:\/\/www.lenkow.cz\/wp-content\/uploads\/img_a332957_w2616_t1546035243.jpg","height":0,"width":0},"url":"https:\/\/www.lenkow.cz\/uroky-a-dluhopisy\/","wordCount":513,"articleBody":" Dluhopisy jsou vlastn\u011b docela ban\u00e1ln\u00ed v\u011bc. Jeden \u010dlov\u011bk m\u00e1 pen\u00edze a nepot\u0159ebuje je, zat\u00edmco druh\u00fd je pot\u0159ebuje a nem\u00e1, a kdy\u017e se pak tihle dva sejdou, m\u016f\u017ee b\u00fdt v\u00fdsledkem jejich sch\u016fzky i n\u011bjak\u00fd dluhopis. Tedy vlastn\u011b potvrzen\u00ed o tom, \u017ee ten majetn\u00fd tomu nemajetn\u00e9mu p\u016fj\u010dil, a nemajetn\u00fd se tak st\u00e1v\u00e1 dlu\u017en\u00edkem a m\u00e1 nebo by alespo\u0148 m\u011bl m\u00edt povinnost takto vyp\u016fj\u010den\u00e9 pen\u00edze i s p\u0159\u00edslu\u0161n\u00fdm \u00farokem vr\u00e1tit. S jak\u00fdm \u00farokem? To u\u017e b\u00fdv\u00e1 r\u016fzn\u00e9. Proto\u017ee je v\u00edce zp\u016fsob\u016f, . Existuj\u00ed dluhopisy s pevn\u00fdm \u00faro\u010den\u00edm, u nich\u017e se po celou dobu trv\u00e1n\u00ed p\u016fj\u010dky \u00farok nem\u011bn\u00ed. Jejich v\u00fdhodou je to, \u017ee strany v\u017edy v\u011bd\u00ed, kolik na \u00faroc\u00edch z\u00edskaj\u00ed, respektive zaplat\u00ed, je to jednozna\u010dn\u011b d\u00e1no. Ta jistota je kr\u00e1sn\u00e1 v\u011bc, jen\u017ee\u2026 pokud je situace na trhu nestabiln\u00ed, m\u016f\u017ee se hrav\u011b st\u00e1t, \u017ee \u00faroky pova\u017eovan\u00e9 v tuto chv\u00edli za p\u0159ijateln\u00e9 mohou b\u00fdt z\u00edtra sm\u011b\u0161n\u00e9 \u010di naopak drakonick\u00e9. A nikdo u\u017e s nimi nehne. Pak jsou tu dluhopisy s prom\u011bnliv\u00fdm \u00faro\u010den\u00fdm, je\u017e p\u0159i\u010d\u00edtaj\u00ed k p\u016fvodn\u00ed referen\u010dn\u00ed hodnot\u011b ur\u010dit\u00fd bonus, jen\u017e m\u00e1 vyva\u017eovat p\u0159\u00edpadn\u00e1 rizika. M\u00e1me i dluhopisy s nulov\u00fdm \u00faro\u010den\u00edm; to v\u0161ak neznamen\u00e1, \u017ee by se pen\u00edze p\u016fj\u010dovaly za nic, n\u00fdbr\u017e \u017ee se takov\u00fd dluhopis prod\u00e1 pod nomin\u00e1ln\u00ed hodnotou, je\u017e bude nebo aspo\u0148 m\u00e1 b\u00fdt splacena. Koup\u00edm nap\u0159\u00edklad dluhopis v hodnot\u011b tis\u00edc korun, kter\u00e9 mi jednou dlu\u017en\u00edk vr\u00e1t\u00ed, ale d\u00e1m za n\u011bj jenom dev\u011bt stovek. Tak\u017ee i s nulov\u00fdm \u00farokem vyd\u011bl\u00e1v\u00e1m. No a pak tu m\u00e1me i dluhopisy indexovan\u00e9, kde se \u00faroky pr\u016fb\u011b\u017en\u011b m\u011bn\u00ed v z\u00e1vislosti na v\u00fdvoji ceny r\u016fzn\u00fdch komodit na trhu. Zm\u011bn\u00ed-li se t\u0159eba ceny zlata, st\u0159\u00edbra, ropy a podobn\u011b, m\u011bn\u00ed se i \u00faroky. Dluhopisy lze ale rozd\u011blit nejen podle toho, jak jsou \u00faro\u010deny, ale i podle jin\u00fdch krit\u00e9ri\u00ed. Podle d\u00e9lky jejich splatnosti je d\u011bl\u00edme na kr\u00e1tkodob\u00e9, tedy ty, je\u017e jsou spl\u00e1ceny do dvan\u00e1cti m\u011bs\u00edc\u016f od data vyd\u00e1n\u00ed, st\u0159edn\u011bdob\u00e9 se splatnost\u00ed do deseti let a dlouhodob\u00e9, u nich\u017e si v\u011b\u0159itel po\u010dk\u00e1 d\u00e9le ne\u017e deset let. Podle vydavatele se d\u011bl\u00ed na st\u00e1tn\u00ed, podnikov\u00e9, komun\u00e1ln\u00ed \u010di bankovn\u00ed. A o \u010dem u\u017e se v odborn\u00fdch kruz\u00edch ofici\u00e1ln\u011b nahlas nemluv\u00ed, d\u011bl\u00ed se i na rozumn\u00e9, nerozumn\u00e9 a p\u0159\u00edmo neskute\u010dn\u011b pitom\u00e9. A h\u00e1dejte, ke kter\u00e9mu z t\u011bchto posledn\u00edch krit\u00e9ri\u00ed lze nejl\u00e9pe p\u0159i\u0159adit dluhopisy, je\u017e (nejen) v tuto chv\u00edli vyd\u00e1v\u00e1 a prod\u00e1v\u00e1 na\u0161e vl\u00e1da!                                                                                                                                                                                                                                                                                                                                                                                         5\/5 - (1 vote)        "},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"\u00daroky a dluhopisy","item":"https:\/\/www.lenkow.cz\/uroky-a-dluhopisy\/#breadcrumbitem"}]}]