űԸż : ѱTV, 븲
߰ż : KODEX 200(ETF), ̽غ, , Ƽ
θŵ : HDCEP, Ƽ, ¾
κиŵ :
2018 10 ְ ȸǾ
11̾ϴ.
2018 10 31 2,029.69 2,096.86
ְ 3.3% Ͽ, ڽ
648.67 695.76 7.3% Ͽϴ.
Ʈ 5.69%̴, ְ
ڽ Դϴ.
3б ,
ڰ ϴ. Ǽ ϼ,
ֿ 鼭,
Ĺ Ƽ Դϴ.
̷ Ȳ , ƹ ᳪ
, о߿ ַ
ϴ. ְ ũ Ը
ؼ ʴ ƴ,
ȮǼ ϴ.
̹ ȭ 'ε ' ,
ڿ ߴ Ϻθ Ͽ
غҽϴ. Ʒ ũ
ֽϴ.
https://www.itooza.com/common/iview.php?no=2018082110400243819
IMFȯ ѱ IMF
ǥ þҴ 'ȯ ¡
(Z)' ⺻ Ͽ, 繫
̱ īƮ ִ
Ƽ Ʈ 'Ʈ Ʈ'
Ͽ ۼϿϴ.
ڷμ ̱ ϰ,
ū ȸ̱ մϴ. ֿ
캸, ̷ ⸦
ִ غ ǹִ
ΰ ̶ մϴ.
˰ڽϴ. ſ
θŵ : HDCEP, Ƽ, ¾
κиŵ :
2018 10 ְ ȸǾ
11̾ϴ.
2018 10 31 2,029.69 2,096.86
ְ 3.3% Ͽ, ڽ
648.67 695.76 7.3% Ͽϴ.
Ʈ 5.69%̴, ְ
ڽ Դϴ.
3б ,
ڰ ϴ. Ǽ ϼ,
ֿ 鼭,
Ĺ Ƽ Դϴ.
̷ Ȳ , ƹ ᳪ
, о߿ ַ
ϴ. ְ ũ Ը
ؼ ʴ ƴ,
ȮǼ ϴ.
̹ ȭ 'ε ' ,
ڿ ߴ Ϻθ Ͽ
غҽϴ. Ʒ ũ
ֽϴ.
https://www.itooza.com/common/iview.php?no=2018082110400243819
IMFȯ ѱ IMF
ǥ þҴ 'ȯ ¡
(Z)' ⺻ Ͽ, 繫
̱ īƮ ִ
Ƽ Ʈ 'Ʈ Ʈ'
Ͽ ۼϿϴ.
1) Ѻö ε(1997 2) ε ǿ ־ ū δ ˴ϴ. Ư ġ ū ε ǿ νǿ Ȱְ ˴ϴ. ̷ νǿ ü ɰ ſ ʷϰ ˴ϴ. 1997 2 Ѻö ε Ѻä 6 6,000 Ͽ, 輭 14 ε 鿡 Ű ް ҽŰ ȿ ־ϴ. ̿ , ε ߿ Ƽ(Trigger) Ͱ ϴ. ȯ, Ǵ ǹ Ը ε ߿ ǹ̰ ˴ϴ. *, (2) ַ ƴ Ƽ ٸ Ÿ ֽϴ. ̳ õ þ ū ȯ, Ǵ Դϴ. ְ , / ȯ , ȸä ͷ Ȳ ̾ Ͼ Դϴ. 1) Ÿ ü鿡 ҾȰ Ⱘ ȸ ̾鼭, 忡 ڱݰ Ͼ ˴ϴ. ܰ迡 ߿ ȭ ſ (S&P, , ġ) ſ ֽϴ. ſ Ͽ, ܱ ڵ ֽĸŵ ȯ ؿ Ͼ ˴ϴ. 3) IMF ȭ(1997 11 21) ο IMF û ǥմϴ. IMF ǵ ϰ Ǹ, ձ ȯ ġ(11 22), IMFǻ (11 24) ǵ Ͼ ˴ϴ. IMF ݾװ ΰ , ̷ ˴ϴ. Ư ѱ ȭ ƴ ݸ ũ ȯ ް ġ ʼ Դϴ. * IMF ƴ϶, ̿ Ȳ 쿡 Ȳ ȯų ƮŰ ʿϰ ˴ϴ. ģ߱ зǴ Űź ȯⰡ ´ٸ ߱ Ը ɼǵ غ ̸, ѱ ̱ Ǵ Ϻ Ը ȭ غ Դϴ. 4) ä(1998 1 – 3) IMF û ߿ äԴϴ. IMF ڱ ε ⸦ ̷, ä ̷ IMF ڱ ä Ǿ ֽϴ. ܱä α ؼ äDZ Ǹ ִ ȯ⸦ ϱ ߿ м ˴ϴ. 鰳 Ѵ ذ踦 ϰ ä ݸ ϴ Դϴ. ä ѱ 1⸸ LIBOR+225bp, 2⸸ LIBOR+250bp, 3⸸ LIBOR+275bp Ƶ ִ ؿ 96.4% Ǹ ־ϴ. 5) űڱ (1998 3-4) ä Ŀ ſ Ͽ, ѱ ܱȯݿ ȭǥ ä ϴ. ƽþƿ , ̱ÿ ε ѱ Ը 40(10⸸ 30, 5⸸ 10), 10⸸ ݸ 355bp, 5⸸ ݸ 345bp ä մϴ. ̿ ܼ 40 Ϳ ġ ƴ϶, ѱ 忡 ڱ ִ δٴ ߿ ǹ̰ ֽϴ. ص , ݸζ ִ ̴ ſҷڿ ̿ Դϴ. * ̿ ѱ 丮̳ Ʈ ʾұ ϰ ־ ̶ ˴ϴ. 丮̳ Ʈ Ǿٸ, ̿ űڱ ð 帥 Ŀ ̷ ־ ˴ϴ. ̿ ü μ غ, ѱ ߽ 1) ε, 2) , 3) IMF û, 4) ä , 5) űڱ(Ӵ) ̶ ټ μ ȯⰡ ȴٰ ϴ. |
ڷμ ̱ ϰ,
ū ȸ̱ մϴ. ֿ
캸, ̷ ⸦
ִ غ ǹִ
ΰ ̶ մϴ.
˰ڽϴ. ſ
( 2)