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채권 구매자

채권 구매자

์ฑ„๊ถŒ ๋งค์ˆ˜์ž๋ž€?

100์—ฌ ๋…„ ์ „ ์ผ๊ฐ„์ง€๋กœ ์‹œ์ž‘๋˜์–ด ํ˜„์žฌ๋Š” ๊ตฌ๋… ๊ธฐ๋ฐ˜ ๋””์ง€ํ„ธ ๋ฒ„์ „์„ ํ†ตํ•ด ์ •๊ตํ•œ ์‹ค์‹œ๊ฐ„ ์‹œ์žฅ ๋ฐ์ดํ„ฐ๋ฅผ ์ œ๊ณต ํ•˜๋Š” ์‹œ๋ฆฝ ์ฑ„๊ถŒ ์—…๊ณ„ ํšŒ์›์„ ์œ„ํ•œ ๋ฌด์—ญ ๊ฐ„ํ–‰๋ฌผ์ž…๋‹ˆ๋‹ค .

์ฑ„๊ถŒ ๊ตฌ๋งค์ž ์ดํ•ดํ•˜๊ธฐ

์ด ์‹ ๋ฌธ์€ 1891๋…„ ๋‰ด์š•์—์„œ The Daily Bond Buyer๋กœ ์ฐฝ๊ฐ„๋˜์—ˆ์Šต๋‹ˆ๋‹ค. ์ผ์ค‘ ์†๋ณด ๋ฐ ์•„์นด์ด๋ธŒ๋ฅผ ๊ฒŒ์‹œํ•˜๋Š” ์ผ๊ฐ„์ง€ ๋ฐ ๊ตฌ๋… ๊ธฐ๋ฐ˜ ์›น์‚ฌ์ดํŠธ๋ฅผ ํ†ตํ•ด ์ „์ฒด ์ง€๋ฐฉ์ฑ„ ์—…๊ณ„์— ์„œ๋น„์Šค๋ฅผ ์ œ๊ณตํ•ฉ๋‹ˆ๋‹ค. The Bond Buyer์˜ ์ธ์‡„ ๋ฒ„์ „์€ ์ฃผ 5์ผ ๋ฐฐํฌ๋˜๋ฉฐ ๋””์ง€ํ„ธ ๋ฒ„์ „์€ ์˜์—…์ผ ๋‚ด๋‚ด ์ง€์†์ ์œผ๋กœ ์—…๋ฐ์ดํŠธ๋ฉ๋‹ˆ๋‹ค .

The Bond Buyer๋Š” American Banker๋„ ๋ฐœํ–‰ํ•˜๋Š” Arizent์˜ ์žํšŒ์‚ฌ์ž…๋‹ˆ๋‹ค.๏ปฟ๏ปฟArizen (๊ตฌ SourceMedia, Inc.)์€ ์ด์ „์— Thomson Corporation(ํ˜„ Thomson Reuters Corporation)์ด ์†Œ์œ ํ•œ ํ›„ Investcorp์— ๋งค๊ฐ๋˜์—ˆ์Šต๋‹ˆ๋‹ค. , 2004๋…„ ๋ฐ”๋ ˆ์ธ ์‚ฌ๋ชจํŽ€๋“œ ํšŒ์‚ฌ. 2014๋…„์— Arizent๋Š” Joseph Meyer๊ฐ€ ์„ค๋ฆฝํ•œ ๋˜ ๋‹ค๋ฅธ ์‚ฌ๋ชจํŽ€๋“œ ํšŒ์‚ฌ์ธ Observer Capital์— ๋งค๊ฐ๋˜์—ˆ์Šต๋‹ˆ๋‹ค .

์ฑ„๊ถŒ ๊ตฌ๋งค์ž๋Š” ์—…๊ณ„๋ฅผ ์ปค๋ฒ„ํ•˜๊ธฐ ์œ„ํ•ด ์ง€์—ญ์  ์ ‘๊ทผ ๋ฐฉ์‹์„ ์ทจํ•ฉ๋‹ˆ๋‹ค. ์—ฌ๊ธฐ์—๋Š” ๋ฏธ๊ตญ ์ค‘์„œ๋ถ€, ๋ถ๋™๋ถ€, ๊ทน์„œ๋ถ€, ๋‚จ์„œ๋ถ€, ๋‚จ๋™๋ถ€ ๋ฐ ์นด๋ฆฌ๋ธŒํ•ด ์ง€์—ญ์˜ ๊ฐœ๋ฐœ์ด ํฌํ•จ๋ฉ๋‹ˆ๋‹ค.๏ปฟ** ์ฑ„๊ถŒ ๊ตฌ๋งค์ž**๋Š” ๋˜ํ•œ ์—ฐ๋ฐฉ ์ •๋ถ€, ํŠนํžˆ ์—ฐ๋ฐฉ ์ค€๋น„ ์ด์‚ฌํšŒ ์˜ ๊ฒฝ์ œ ์ •์ฑ…์— ์ค‘์ ์„ ๋‘ก๋‹ˆ๋‹ค.,. ๊ทธ๋ฆฌ๊ณ  ๊ทธ ์ •์ฑ…์ด ์ง€๋ฐฉ ์ž์น˜ ๋‹จ์ฒด์™€ ๋ถ€์ฑ„ ์ œ๊ณต์— ๋ฏธ์น˜๋Š” ์˜ํ–ฅ. ์‹ ๋ฌธ์€ ์‹œ์นด๊ณ , ํ”Œ๋กœ๋ฆฌ๋‹ค, ๋‹ฌ๋ผ์Šค, ์• ํ‹€๋žœํƒ€, ์ƒŒํ”„๋ž€์‹œ์Šค์ฝ”, ์›Œ์‹ฑํ„ด DC์— ์ง€๊ตญ์„ ์šด์˜ํ•˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค.

2017๋…„ 9์›” The Bond Buyer๋Š” MBIS(Municipal Bond Information Services)์™€ ์ œํœดํ•˜์—ฌ Bond Buyer Data Workstation์„ ํ†ตํ•ด ๊ฐ€์ž…์ž์—๊ฒŒ ์‹ค์‹œ๊ฐ„ ์‹œ์žฅ ๋ฐ์ดํ„ฐ๋ฅผ ์ œ๊ณตํ•œ๋‹ค๊ณ  ๋ฐœํ‘œํ–ˆ์Šต๋‹ˆ๋‹ค.๏ปฟ๏ปฟ์ด ์„œ๋น„์Šค๋Š” ์›น์‚ฌ์ดํŠธ์˜ ์—…๊ณ„ ์ ์šฉ ๋ฒ”์œ„๋ฅผ ๊ฐ•ํ™”ํ•˜๊ธฐ ์œ„ํ•ด ์„ค๊ณ„๋˜์—ˆ์Šต๋‹ˆ๋‹ค . ๋ธ”๋ฃธ๋ฒ„๊ทธ ๊ฐ€ ์ œ๊ณตํ•˜๋Š” ์„œ๋น„์Šค์™€ ์œ ์‚ฌํ•œ ์ •๊ตํ•œ ์‹œ์žฅ ๋ฐ์ดํ„ฐ๋กœ ํŒจํ‚ค์ง•ํ•˜์—ฌ ๋ถ„์„ํ•ฉ๋‹ˆ๋‹ค .

์ฑ„๊ถŒ ๋งค์ˆ˜์ž ๋ฒ•์  ๊ณ ์ง€ ์„น์…˜

The Bond Buyer๊ฐ€ ์ œ๊ณตํ•˜๋Š” ๋˜ ๋‹ค๋ฅธ ์ค‘์š”ํ•œ ์„œ๋น„์Šค๋Š” ๋ฒ•์  ๊ณ ์ง€ ์„น์…˜์ž…๋‹ˆ๋‹ค .๏ปฟ๏ปฟ๏ปฟ์‹œ ์ฆ๊ถŒ ๊ทœ์น™ ์ œ์ • ์œ„์›ํšŒ (MSRB)๋Š” ์ฑ„๊ถŒ ๋ฐœํ–‰์ž๊ฐ€ ์ƒˆ๋กœ์šด ์ฑ„๊ถŒ ๋ฐœํ–‰ ๋˜๋Š” ๊ธฐ์กด ์ฑ„๊ถŒ์— ๋Œ€ํ•œ ์ˆ˜์ • ์‚ฌํ•ญ์— ๋Œ€ํ•œ ๋ฐœํ‘œ๋ฅผ ๊ฒŒ์‹œํ•˜๋„๋ก ์š”๊ตฌํ•ฉ๋‹ˆ๋‹ค.๏ปฟ** ์ฑ„๊ถŒ ๊ตฌ๋งค์ž**์˜ ๋ฒ•์  ๊ณ ์ง€ ์„น์…˜์€ ํ˜„์žฌ ์ œ๊ณต๋˜๋Š” ๋ชฉ๋ก๊ณผ ๊ฐ ํ˜ธ์— ๋Œ€ํ•œ ํŒ๋งค ๊ณ ์ง€ ๋งํฌ๋ฅผ ์ œ๊ณตํ•ฉ๋‹ˆ๋‹ค. ์„น์…˜์— ๋‚˜์—ด๋œ ๊ธฐํƒ€ ๋ฐœํ‘œ์—๋Š” ํ™˜๋ถˆ ํ†ต์ง€, ํŒŒ์‚ฐ, ๊ณต๊ฐœ ์ œ์•ˆ ๋ฐ ์ฑ„๊ถŒ ํ™˜๋งค ์ œ์•ˆ์ด ํฌํ•จ๋ฉ๋‹ˆ๋‹ค .

The Bond Buyer์˜ ์ง€์—ญ์  ์ ‘๊ทผ ๋ฐฉ์‹์€ ํ•ด๋‹น ์‹ ๋ฌธ์ด ์ „๊ตญ์—์„œ ์ฃผ์ตœํ•˜๋Š” ์ผ๋ จ์˜ ์—ฐ๋ก€ ํšŒ์˜์— ๋ฐ˜์˜๋ฉ๋‹ˆ๋‹ค. ์ด๋Ÿฌํ•œ ์ด๋ฒคํŠธ๋Š” ํŠน์ • ์ง€์—ญ์˜ ์ง€๋ฐฉ์ฑ„ ๋ฐœํ–‰ ๋˜๋Š” ๊ตญ์ฑ„ ์‹œ์žฅ ๋ถ€๋ฌธ์— ์ดˆ์ ์„ ๋งž์ถ”๋Š” ๊ฒฝํ–ฅ์ด ์žˆ์Šต๋‹ˆ๋‹ค. ๋ฆฌ๋”์‹ญ, ๋ฒ•๋ฅ  ๋ฐ ๊ณต๊ณต ์žฌ์ •์ด ์ตœ๊ทผ์˜ ์˜ˆ ์ž…๋‹ˆ๋‹ค.

##ํ•˜์ด๋ผ์ดํŠธ

  • ์ถœํŒ๋ฌผ์—๋Š” ๋ฏธ๊ตญ ์ค‘์„œ๋ถ€, ๋ถ๋™๋ถ€, ๊ทน์„œ๋ถ€, ๋‚จ์„œ๋ถ€, ๋‚จ๋™๋ถ€ ๋ฐ ์นด๋ฆฌ๋ธŒํ•ด ์ง€์—ญ์˜ ๊ฐœ๋ฐœ์ด ํฌํ•จ๋ฉ๋‹ˆ๋‹ค.

  • The Bond Buyer๋Š” ๋””์ง€ํ„ธ ๊ตฌ๋…์„ ํ†ตํ•ด ์‹ค์‹œ๊ฐ„ ์‹œ์žฅ ๋ฐ์ดํ„ฐ๋ฅผ ์ œ๊ณตํ•˜๋Š” ์ง€๋ฐฉ์ฑ„ ์—…๊ณ„ ์ข…์‚ฌ์ž๋ฅผ ์œ„ํ•œ ๋ฌด์—ญ ๊ฐ„ํ–‰๋ฌผ์ž…๋‹ˆ๋‹ค.

  • ๋˜ํ•œ ์—ฐ๋ฐฉ ์ •๋ถ€์˜ ๊ฒฝ์ œ ์ •์ฑ…๊ณผ ์ด๋Ÿฌํ•œ ์ •์ฑ…์ด ์ง€๋ฐฉ ์ž์น˜ ๋‹จ์ฒด ๋ฐ ๋ถ€์ฑ„ ์ œ๊ณต์— ๋ฏธ์น˜๋Š” ์˜ํ–ฅ์— ์ค‘์ ์„ ๋‘ก๋‹ˆ๋‹ค.