Download "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ."
%3Aformat(webp)%2Fi.ytimg.com%252Fvi_webp%252F7VtqaYrz_WI%252Fmaxresdefault.webp&w=1139&q=75)
Please wait. We're preparing links for easy ad-free video watching and downloading.
Table of contents
Similar videos from our catalog
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FFHv2L91jwD0%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FBeiLdGnNLbU%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi_webp%252FDT4P8DtwGMM%252Fmaxresdefault.webp&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252Fb-catxXpJQI%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FfAH5UOOAL3A%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FfroFic2unQA%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252Foroyq1mCf7g%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FyFO_I3_Yt-8%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FwNgZTn4WGXA%252Fmaxresdefault.jpg&w=1139&q=75)
%3Aformat(webp)%2Fi.ytimg.com%252Fvi%252FCsRndvnMdCI%252Fsd2.jpg%253Fsqp%253D-oaymwEoCIAFEOAD8quKqQMcGADwAQH4AbYIgAKAD4oCDAgAEAEYZSBlKGUwDw%253D%253D%2526rs%253DAOn4CLAN321o9RFfzwxTNDnVNxoj8fArdQ&w=1139&q=75)
Video tags
Subtitles
Russian
00:00:02
no profit here again, and today we’ll talk about bonds, an00:00:04
educational video in which I’ll00:00:06
tell you in detail about all the nuances that you00:00:08
need to know in order to, first of all,00:00:11
increase and also not lose money00:00:12
on this wonderful00:00:14
fixed-income instrument, how to00:00:16
choose the right time to sell, when to buy and00:00:19
so on, I’ll tell you complex things in simple00:00:21
words, I hope that everything will work out, by the way,00:00:25
this is the first video of 2022, so I00:00:28
congratulate everyone on the holiday,00:00:29
let’s start with what a00:00:33
bond is in its essence, from Latin, a00:00:35
bond is a guarantee of an00:00:36
obligation, to simplify it, it’s a00:00:39
way to give someone company or00:00:41
the state in debt through the stock exchange00:00:44
acts here as an intermediary00:00:46
bonds dad save nature is beneficial not00:00:49
only to the company they are beneficial to the investor well00:00:51
mutually beneficial interest the company can00:00:54
receive money at a lower interest rate than00:00:55
banks and the investor can invest money00:00:58
at a higher interest rate than with bank00:00:59
deposits or less but this is a completely00:01:02
different story, watch the video to the end00:01:04
to learn how not to lose money on00:01:06
bonds but to increase them,00:01:08
there are three types of00:01:11
government bonds, they are in phases,00:01:14
federal loan bonds, municipal and00:01:15
corporate, and state00:01:16
bonds can only be issued by the00:01:19
Ministry of Finance, that is, it is a guarantor00:01:21
from the state, it is the most reliable00:01:24
bonds, but in the opposite countries, the reliability00:01:27
from them is high, as a rule, the00:01:29
interest on them is slightly higher than the00:01:31
key rate and slightly higher than a00:01:33
deposit in a bank, and sometimes they should be of a00:01:36
municipal level, issued by an object00:01:39
and the Russian Federation and municipalities of a region00:01:40
or city, usually they have a little bit of income00:01:43
and nothing. phase, but the risks for them are slightly00:01:45
higher and finally corporate bonds00:01:48
are issued by private companies from00:01:51
large corporations to small Carpathians00:01:54
to small enterprises and spirits of horns and00:01:55
hooves, such bonds are of course00:01:58
considered the most risky because00:01:59
you understand it is one thing to lend to a00:02:01
conventional large commercial bank,00:02:04
another thing to give was in debt,00:02:05
doubtful, incomprehensible IMHO, who00:02:07
opened an office somewhere in a city with a00:02:10
population of 50 thousand people before this is00:02:11
possible,00:02:13
however, the higher the risk, the higher the profitability,00:02:16
so here everything is as always standard00:02:19
rules, large companies, of course, give a00:02:23
lower coupon, but they are more stable00:02:25
small companies They give better conditions00:02:28
but the risks are correspondingly higher.00:02:30
First of all, you need to understand what00:02:32
risks there are with a bond. The most00:02:35
important risk is the probability of default.00:02:37
Default occurs when the one who00:02:39
issued it refuses to pay interest00:02:40
on the debt and sometimes return the entire amount of the00:02:43
debt.00:02:44
In case of default, I think residents of the CIS are00:02:47
familiar with it. when the collapse of the00:02:49
Soviet Union took place and also during the00:02:52
USSR itself, when before the00:02:54
nomination some bonds lost a lot00:02:56
in price and were reduced almost00:02:58
ten times, that is, there are examples when00:03:01
bonds issued in the fifties00:03:04
eventually practically lost their00:03:06
value; there was nothing to buy with them00:03:09
it’s impossible, but that’s a completely different story,00:03:12
that’s actually just history,00:03:16
so we’re talking about today, but00:03:18
keep in mind that every bond of00:03:21
every company has a credit00:03:23
rating and talks about the third credit00:03:26
company in Russia, for example, this is a00:03:27
national rating agency00:03:28
expert ra and about in the West this features will be00:03:32
SNT and so on, well, in fact, this is not the00:03:36
most important thing that you should pay00:03:37
attention to now, but the important thing is the most important thing to00:03:41
remember, or that is, what00:03:42
the bond consists of, this is the basis of the fundamentals, there are00:03:45
3 main parameters for the investor, this is the00:03:47
par upon and the maturity date, the00:03:50
par is fixed as a00:03:53
rule, it is thousands of rubles; the cost is00:03:55
elastic because the bond is traded00:03:57
on the stock exchange; it can either rise or00:03:59
fall; the cost of payment is interest on the00:04:02
bond, which is paid by the issuer00:04:04
Michelin from the company or the state; in00:04:05
other words, coupons historically; coupons00:04:08
are a piece of the actual bond in00:04:11
which it was torn off; bonds were00:04:13
paper and it was a00:04:15
big big piece of paper the fate was torn off00:04:17
from the coupon the word was fixed over time the00:04:19
maturity date the day when the company00:04:22
repays the debt on the bond to the investor00:04:24
is accrued for the last coupon has passed for the00:04:26
bonds themselves in the portfolio actually00:04:28
disappear the money is returned00:04:30
depreciation is something that you should also know00:04:32
and remember sometimes it happens that the00:04:33
issuers give the face value not on the00:04:35
maturity date, but constantly just in small00:04:38
parts, the whole thing with a coupon can be00:04:39
invested, but this is a rarer00:04:40
story in most cases, and in fact00:04:43
what will be discussed in this video, the00:04:44
main income on bonds is coupons00:04:46
if you bought the bond through what -that00:04:49
time they decided to sell and the payment of the coupon has00:04:50
not yet occurred; part of the accumulated coupons00:04:53
will be paid to you by the investor who bought the fur coat.00:04:54
I can call this payment the accumulated00:04:57
coupon income. Now what kind of00:05:00
bonds are there in terms of duration:00:05:01
short-term, this is 13 years; medium-term,00:05:04
37 years; long-term, from 7 to 30 in some00:05:07
cases, companies can return the money00:05:09
ahead of schedule, this is called an offer,00:05:11
for example, 40 bonds are 4 years,00:05:14
but the issuer decided that some investors00:05:15
can return the face value of the bond00:05:18
in a year. An important point: the pros and cons of00:05:20
the bond, I recommend listening to this00:05:22
segment of the video as carefully and00:05:24
thoughtfully as possible, here I tried to00:05:25
explain in simple words how to most how to00:05:27
effectively make money on a bond, how00:05:29
not to lose money on them, let’s start, of course,00:05:31
with the pros, by the way, first of all,00:05:34
you need to continue with the investment00:05:36
strategy, is the bond exactly the right00:05:37
instrument for you regarding00:05:39
the strategy, I recorded a separate video,00:05:41
the link to it is in the description, look at it, you haven’t00:05:42
seen it, it’s a little philosophical, but00:05:45
very useful, I think that especially for those00:05:47
who have recently entered the market, it’s really worth00:05:49
listening to it, and so plus, let’s start with00:05:52
the good, plus it’s a fixed00:05:53
income, the ability to initially, let’s say,00:05:56
reserve a certain percentage00:05:58
for a fairly large period of time00:06:00
in advance, this is important, it’s suitable again for00:06:03
those who don’t want take risks every time,00:06:06
who does not want to trade and does not want to00:06:10
think about some of the little things in00:06:12
life, monitor the foundation of the company, do not00:06:14
monitor any risks of payments,00:06:18
not paying dividends, that’s all00:06:20
I’m talking about in both phases, of course, with00:06:24
devices a little bit the next00:06:26
plus is liquidity; unlike a00:06:28
bank deposit, you can always quickly00:06:30
extract funds from bonds and, if00:06:32
necessary, sell them on the stock exchange to other00:06:34
participants; coupon income has been accumulated;00:06:36
it will help you not to lose money between00:06:38
coupon payments; this is a very important thing;00:06:40
you can park money in bonds; I00:06:42
just don’t worry. get in when you00:06:44
need to buy riskier assets00:06:47
now let's move on to the00:06:49
minuses there are quite a lot of minuses in fact 100:06:53
minus is a large dependence of the key00:06:55
rate there are serious sharpnesses you are00:06:57
buying especially long [ __ ] to get00:06:59
on what you bought at par or higher than00:07:01
par over time their price will fall and you00:07:04
will lose in profitability you will have to either00:07:05
wait until maturity or wait until the00:07:07
rate changes 2 risk is the lack of00:07:10
liquidity this is also important to understand you00:07:12
can buy some small00:07:13
corporate bond for a conditional00:07:16
million of 2 rubles and00:07:18
withdraw money for a week and a half simply because it is in the00:07:19
trading book no volumes no 3 risk00:07:23
is to buy a bond that will have a00:07:26
strong low income pluses also buy00:07:29
it at a price above the face value and then you00:07:31
simply and will not sell this money to anyone00:07:33
you can also lose and the case is00:07:35
also known this is actually not a00:07:38
guarantee that is, if you want to00:07:40
get your money one hundred percent, choose a00:07:42
bank deposit, it’s the easiest way, but as00:07:43
for me, bonds allow you to00:07:46
earn much more, it’s not interesting. Now let’s00:07:48
move directly to how to00:07:50
choose bonds. The smart-lab website is in front of you. I’ll00:07:53
leave a link to it in00:07:55
the description. Here it’s convenient; you can00:07:57
choose what you need you bond00:07:59
sort by a number of parameters the first00:08:02
item the first column let's see how00:08:03
to sort now the tab about the00:08:05
phase is open here at the top tab office00:08:08
corporate municipal carry00:08:11
federal Eurobonds and even worse the00:08:13
rest look at the first deposit 100:08:16
respectively column this name00:08:18
can be by number just enter the broker00:08:21
this number and and you you will find00:08:22
this bond without any problems, the maturity date is the date00:08:25
when you return it, the00:08:26
full cost is returned, this is the00:08:28
bond, that is, the face value, how many years until00:08:30
maturity, the yield of the bond at the moment00:08:33
at the current market price, that is, it00:08:35
can be higher for coupons,00:08:39
the bond is traded at a discount, as a00:08:41
rule, this occurs for long00:08:43
bonds that were issued in previous00:08:45
years when the key rate was lower,00:08:47
they have a coupon yield of, for example, 5700:08:49
percent and now there are not very00:08:52
many corresponding discount trades,00:08:54
it is important to understand the key moment, how the00:08:57
price is generally formed at the moment there is a00:08:59
key resignation around it, everything dances00:09:01
accordingly if the bond the request was00:09:03
issued with a coupon below the key00:09:05
side, now trade with a00:09:07
discount, if the bonds have a coupon higher than00:09:09
the key, then it is traded accordingly00:09:11
with a markup as the rule, bond prices are00:09:13
pulled up plus or minus a single00:09:15
value, that is, we now have a key I00:09:18
hypothetically creeps just hypothetically00:09:20
key conditionally 10 percent it’s00:09:23
not 10 now, but this is for ease of calculation, that00:09:25
is, we had bonds of five00:09:27
percent, coupons for 15, they are all, but00:09:29
adjust everything to the average number. By the way, on the00:09:31
topic of the key rate, it is important to understand how to00:09:35
choose a bond,00:09:37
listen to this moment carefully if00:09:40
you are in the future00:09:41
you expect that the key rate will go down,00:09:43
inflation will fall, then it is advisable to00:09:47
take it and you are absolutely sure of this, I don’t know00:09:50
why, here is the conclusion of such a cool economist,00:09:51
they are sure it is advisable to take long00:09:53
bonds, you can earn more on this00:09:55
because long bonds are00:09:57
more subject to fluctuations in their price c00:09:59
more susceptible to fluctuations from00:10:02
changes in the key rate, I generally see00:10:04
progress in the economy, that is, you can00:10:05
take it easier with repayment in00:10:08
some kind of 2036, when there00:10:10
will already be flying cars and people will be replaced by00:10:12
robots and you assume that in a00:10:16
certain period this time the00:10:17
key rate will fall, it will fall will be, for00:10:18
example, below eight percent below 700:10:21
percent you will earn on the difference not00:10:23
because it will trade with a very00:10:25
steep with a very steep markup because it is00:10:28
stingy on its yield, this is an00:10:30
important point if you think that the00:10:32
key rate will continue to rise,00:10:34
you need to invest in short-term00:10:36
bonds because they are less dependent00:10:38
on changes in the economy, short00:10:40
bonds, then, accordingly, one two three00:10:42
years maximum, preferably 12 years, and00:10:44
actually sell them just as it goes,00:10:47
repay until maturity, wait and00:10:48
fix the yield as is, and if00:10:51
inflation grows very strongly, if you00:10:53
realize that there will be a risk a hard00:10:55
increase in the key rate, then on00:10:57
bonds there is a very big00:10:58
opportunity to lose everything, as in this00:11:01
case, I think it’s still worth returning to the00:11:03
classics of the potro, but see my channel about00:11:06
trading, today’s episode is an00:11:07
exception, that’s why you want to troll,00:11:09
watch the rest of the episodes, by the way, don’t00:11:11
forget to subscribe to YouTube channel00:11:12
I try to regularly release interesting00:11:14
material I hope that everyone will like it00:11:16
now let's move on and return to00:11:19
the table yield at the00:11:21
current price market and taking into account the coupon00:11:25
this yield at redemption is the annual00:11:27
coupon yield relative to the00:11:28
par value that is, this is the fix00:11:30
respectively the coupon yield00:11:32
relative to the current price coupon00:11:34
yield is a derived column par price00:11:36
in percentage, the price00:11:39
is calculated as a percentage, that is, the face value is00:11:41
always thousands of rubles, the price of it as a00:11:42
percentage is 2 per 900,912,91200:11:47
rubles,00:11:48
900,940 rubles, so on and so forth and so on, the00:11:50
trading volume is preferably when it is, of course,00:11:52
larger, if you enter for a large00:11:54
amount, this is the optimal size coupon00:11:56
frequency of issue panova phase stably00:11:58
bought twice, it’s rarely less00:12:00
accumulated coupon income, this is what00:12:02
I was talking about, this difference is00:12:03
ideally, of course, desirable to buy00:12:06
in public when they have less NKD, that is,00:12:09
their coupon was paid again and says00:12:11
the word, that is, you wrote in the comments00:12:13
they asked her to speak, I try to00:12:14
throw it out, but it doesn’t always work00:12:15
out, please forgive me, working00:12:18
on myself, friends vomiting, in general, the00:12:20
accumulated coupon income, the lower it is,00:12:22
the better it is to buy bonds, so it00:12:24
turns out that it’s a few centuries of days before the next00:12:26
coupon and the duration regarding the walkie-talkie00:12:27
I’ll tell you separately a little later The00:12:29
walkie-talkie has a convexity, the concept of derivatives, this is00:12:31
already complex mathematics, I’ll tell you a little00:12:34
later, briefly how to choose, you can00:12:36
sort by profitability, here we see00:12:39
that we have a repayment yield of 8000:12:40
half, this is just at the key level,00:12:43
but this is quite a long [ __ ],00:12:45
you should be careful with them, as I have already said above00:12:47
noted if you are looking for these that the00:12:49
key profitability will be further on, or rather, it00:12:51
will only grow further brothers, it’s not worth it that00:12:54
I personally think that other rates will00:12:55
most likely see 99 half 10, I00:12:58
very much doubt it, unless00:13:00
some kind of global collapse occurs, then00:13:02
most likely we will go down for00:13:04
some time just a runner, so00:13:05
let's go down, I don't think there will be a00:13:07
strong increase in the key, but we00:13:09
can't know this in advance, so major is00:13:11
my opinion now, this is important, by the way, the00:13:14
video is also a must, if you00:13:16
got worse there, don't listen, go back to00:13:18
the video, listen to the important point how to00:13:20
compile a portfolio of bonds, it00:13:22
is advisable to compile them in a portfolio for00:13:25
breg tions, divide it into long and00:13:26
short ones,00:13:27
now in the current economic situation,00:13:30
in my opinion, it is better to still give00:13:33
preference to short ones, this invitation is00:13:34
20-22 fourth year and average and00:13:37
percent per thousand percent ratio00:13:40
70 3070 in favor of the short average 30 in00:13:42
favor of the long rest gain a dollar00:13:45
further if our rate goes00:13:47
up again and the price of torpedoes changes accordingly00:13:50
at the auction there will be some maybe00:13:52
other issues so on and on and00:13:54
on we don’t know what will happen there00:13:55
after a certain amount of time00:13:57
then you can simply average and00:13:59
if you think that now you are at the00:14:02
key peak, I’ll tell you right away, friends, you will00:14:04
never guess when the peak from00:14:06
the top is located, you can be wrong a hundred times even00:14:08
if you are one hundred percent sure, so00:14:10
here, like with all other investments,00:14:12
you need to average and then you need will00:14:14
average these bonds, add more00:14:16
long ones when the rate reaches its maximum,00:14:18
and after that the portfolio00:14:21
will be balanced and again an00:14:24
important point is how to understand where00:14:26
the bottom is in front of you, the bridge index on the00:14:29
government bond exchange is a very important tool,00:14:32
by the way, they don’t talk much about this Yandex in00:14:35
other training videos on00:14:37
Before recording this, I looked at youtube00:14:39
in general to see what my colleagues are talking about, but00:14:41
unfortunately they rarely mention this weight,00:14:43
very in vain this is an extremely important point,00:14:45
so the index you can estimate the00:14:47
average temperature in the hospital I00:14:51
paid quite a lot of attention to your index in the global review 2022 if you haven’t watched it,00:14:54
take a look In general, I00:14:56
remind you once again that I recommend subscribing to the00:14:57
YouTube channel so as not to miss00:14:59
useful important videos, this index is the00:15:02
average temperature in the hospital, it00:15:03
reflects the current value of bonds of00:15:07
relative denomination, so we00:15:10
can conclude that when we had a00:15:12
corresponding failure in 14-15 and the00:15:15
active rifling was running and The00:15:18
government debt market didn’t seem very attractive to them,00:15:20
logically they were afraid that something00:15:23
terrible would happen next, they didn’t00:15:25
understand what was happening, but in00:15:27
general they guys are so tense, you00:15:28
remember that they were recently defeated by our00:15:30
market, I made a separate video about this, I00:15:32
also take it from there they ran rifling nothing00:15:34
savings then from bought rifling they were00:15:36
forced to buy later but they00:15:38
will have to buy the stream later they will want it more expensive00:15:39
my opinion is that we, after all, as00:15:42
people who are able to see the situations00:15:45
inside, we should understand more about00:15:47
our market and not succumb to some kind of00:15:49
panic history in general, don’t00:15:53
panic at all in investing in trading,00:15:54
panic is a direct path to draining the deep00:15:56
budget and a direct path to liquidation, so00:16:01
those who were not afraid then and assessed00:16:03
the situation soberly were able to buy good,00:16:06
wonderful obliques at prices much00:16:09
lower than the face value, much lower after00:16:11
that the period began reduction of the key00:16:13
rate and for songs not and the key00:16:15
rate, the cost relative to the nominal value00:16:17
has increased to quite high values;00:16:20
this is00:16:22
the yield in general, or rather the curve, and there is00:16:24
no need to actually consider it from the point00:16:26
of view of technical analysis; here, in general,00:16:27
technical analysis never works; this is the00:16:28
average temperature in the hospital and00:16:31
this you need to use tools00:16:32
just to understand the sentiments of the00:16:34
market to understand how now,00:16:37
including precisely the cuts and quite a00:16:38
large number in our bonds,00:16:40
they evaluate our market, how they evaluate00:16:44
it as profitable or as not very00:16:46
profitable, they flee from it or the bloat is carrying00:16:48
money. a very important point and00:16:51
in the current situation, one gets00:16:53
the impression that now the market has been attractive to you for a long time,00:16:55
taking into account the key rate, taking into00:16:57
account accelerated inflation, taking into account the00:16:59
generally rather risky situation00:17:02
on the00:17:03
stock market, now the market looks government debt00:17:06
is interesting in general, the debt market is a cool00:17:08
thing and I won’t take pictures yet next00:17:11
video, but now we have a short tutorial,00:17:13
perhaps we will try to catch another00:17:16
bottom if the rate still starts to rise, but I don’t00:17:18
think that some strong hard drive will be very direct,00:17:20
it is also now00:17:21
seeing purchases, we are now seeing00:17:23
that for many top liquid flash drives00:17:28
we for many top carp there are large00:17:30
volumes of purchases the market is laying down the00:17:32
expectation of a small increase and a strong00:17:35
freebie most likely they won’t give us, but00:17:38
again we don’t know what kind of00:17:40
sanctions there will be and what the politics will be like00:17:42
in terms of politics in general, it’s difficult to guess, it00:17:43
all depends very much on this too and00:17:45
this is a big risk factor, so you00:17:47
definitely need to pledge your portfolio, both00:17:50
short and long, and dilute it with00:17:52
shares and have a currency basket, and then00:17:55
maybe it will be possible to raise00:17:58
money normally, they just drain it, we go00:18:02
back to the choice of bonds and so at the00:18:03
moment, which ones do you like, let’s00:18:05
see the short ones let's start with the short ones, I00:18:08
can immediately sort the long00:18:11
by the short, in fact, everything is simple00:18:15
26,220 looks interesting, trades at00:18:17
approximately par value, good coupon00:18:20
yield and00:18:22
redemption in a year, this is us, but even00:18:25
less than a year later, the video00:18:26
was recorded in January, in fact, it’s quite00:18:30
good vomit is worth not paying00:18:33
attention to00:18:35
26 209 is also quite interesting good00:18:38
note by the way ladies a huge00:18:40
trading volume many buy short forms00:18:42
many sell at such the closer the redemption in general00:18:44
the greater the volume and this is00:18:47
stable and the rule what else is00:18:49
interesting from the interesting 21 22 152000:18:53
215 in principle yes, it’s not bad, it’s00:18:55
trading with a discount of00:18:58
26,223 already far from this two fourth00:19:02
year here, I would start to slowly00:19:04
dilute it with long ones, I have long ones,00:19:08
in fact, there are several already lying around, I00:19:10
have long ones lying around00:19:12
26 2600:19:14
just a discount goes on it, a good00:19:16
coupon if you buy a long attention00:19:19
stubbornly coupon in long ones the higher the coupon the00:19:22
better in short ones it’s not so important00:19:24
because in short important ones buy exactly below the00:19:26
par value in order to make money on the difference when00:19:29
redeeming which by the way you will also00:19:31
pay tax so pay attention to this00:19:34
we use the sign here everything is fine00:19:37
Of course, we focus on the size of the discount,00:19:39
for example 26,236, it has a coupon by00:19:44
today’s standards, a garage and but it is00:19:46
trading very cheaply with a discount, but00:19:48
it takes a very long time to redeem, I wouldn’t00:19:51
buy it, that is, there was some kind of00:19:53
bond with a maturity in the twenty-00:19:54
fourth year with such I would say discount, and00:19:55
of course I would say skaly because it’s a cool00:19:57
opportunity to make money on the difference, but for00:20:00
example, already with a coupon of 795, yes with a coupon of00:20:05
795 it’s already quite interesting to give,00:20:07
sort by doctor’s coupon and 218 sram, an00:20:10
interesting option at the moment, it’s00:20:12
trading a little bit above the par value,00:20:13
notice the market already laid down the risks, that is, the00:20:15
wife of the market most likely expects that there00:20:17
will not be a strong increase in the rate and is00:20:19
proactively buying back bonds with a good00:20:22
coupon because this is an option00:20:23
to fix the yield for a long00:20:25
period of time,00:20:27
then watch for yourself, let’s not00:20:30
delay the video, now let’s00:20:31
watch corporate by corporate,00:20:33
I’m not at all I can definitely say00:20:36
which ones to buy here, there are a lot of them; for00:20:40
corporate accounts, 60 make up a00:20:41
large large basket, buy at least00:20:43
20; I prefer 3030 different ones in order to00:20:46
distribute your risks because you00:20:47
see that there is perfection here, the00:20:49
returns that have been going on, there are absolutely crazy00:20:52
coupons, and they are sorted by coupons here00:20:55
huge coupons, from my memory, now one of the00:20:57
closest ones would be in Russia, one of the00:20:59
biggest coupons there is not a coupon there,00:21:02
our discount is there, bargain there is a big lie00:21:04
and very profitable at the top, high00:21:06
profitability for a small subcontractor of00:21:10
construction, decent profitability is coming,00:21:12
but I repeat, these are big risks to00:21:14
buy, you need to buy so that 2030 immediately and no00:21:18
more than thirty percent of the total00:21:20
wealth in the portfolio division of00:21:21
the portfolio of bonds, conditionally you have 10000:21:24
thousand rubles, these 100,000 should preferably be00:21:26
divided as follows: 30,000 you00:21:28
send to carp and buy for00:21:29
conditionally, hypothetically, thousands of rubles, so00:21:32
3,030 bonds, giving rubles for each00:21:34
70,000 to allocate more accordingly, two00:21:36
parts of which you give roughly 5000:21:39
now for short-term and 20 give for00:21:42
long-term in the league later and the situation00:21:44
will change and it will be possible to support00:21:46
the opportunity to buy long-term cheaper00:21:48
you buy them together, it’s important00:21:50
to understand there are also municipal00:21:51
municipal ones in general I don’t have the name of tarot guru00:21:53
in my portfolio and00:21:55
as if, if you want, you can add00:21:58
the yield on them is a little higher than that of00:22:00
flash drives, but the risk is also a little more than00:22:02
Eurobonds, Eurobonds are the same00:22:04
eggs only in profile, this is a bond00:22:06
in general, Eurobonds are not necessarily00:22:08
traded in euros, this is any bond00:22:10
traded in a currency different from the00:22:13
national one for companies conventionally, we00:22:15
take Gazprom Gazprom the national00:22:17
currency is the ruble in Gazprom it issues a00:22:18
bond in dollars and its name00:22:20
is poured on copied Eurobonds00:22:22
about the phase go under the ticker rus rus of this00:22:25
phase well, accordingly, then it is already00:22:27
clear to the pipe who Lukoil is, there is00:22:30
Gazprom and there are ways in dollars00:22:34
and a coward so they are trading at a very00:22:38
inflated denomination00:22:40
of Eurobonds without getting into my hands, I’m00:22:42
happy with ruble bonds, dollars, I00:22:44
park in shares in dollars, I trade, you00:22:47
know that my main focus on00:22:49
trading is short-term lines,00:22:52
including the dollar history div, I’d rather00:22:54
park in whales some kind of de-freeze00:22:56
machines for 20 works for 2300:22:58
Eurobonds I don’t buy these are the main00:23:02
things that I wanted to tell you in this00:23:04
video, now let’s move on to additional00:23:07
points00:23:09
additional points, while00:23:11
duration is very important, there is such a concept, it is also00:23:15
available in sorting00:23:17
columns on the smartlab operations, by00:23:20
and large, this is such a00:23:22
synthetic thing, I don’t even know how to00:23:24
explain in simple words something like the00:23:26
effect of the effective price effect,00:23:29
elasticity in essence of bond prices in a00:23:32
stretched out over time it is00:23:33
necessary in the wilderness even without fasting what it is00:23:36
explain what is needed it is needed for00:23:38
measuring risks in percentages and for the so-00:23:40
called portfolio reduction to00:23:42
compile the most correct00:23:44
percentage of assets, it estimates the00:23:46
average00:23:48
payback extended over the period of00:23:51
time until maturity or before sale, as a00:23:54
rule, duration is assessed most00:23:58
thoughtfully by those who invest hundreds00:24:00
of millions, if you are an investor and you have00:24:02
less capital there, there is no I know 20 3000:24:05
million, probably you will need the duration purely for00:24:07
general development, you shouldn’t00:24:09
bother too much, in short,00:24:11
in general, in short, a00:24:14
reduction in interest rates is expected here, the investor00:24:17
needs to increase the duration of the portfolio, if00:24:18
growth is expected, then we should reduce the freaks of00:24:21
the portfolio, if you have no understanding of the00:24:23
interest rate code at all, they’ll go then you just00:24:25
need to distribute it so that it is00:24:26
approximately equal to the investment period of the walkie-talkie,00:24:28
it includes depreciation coupons00:24:31
and a bunch, a bunch of all sorts of parameters, there is a00:24:34
huge huge formula according to it, it is00:24:37
calculated so that the federation does00:24:40
n’t recommend bothering too much, but00:24:44
it’s worth fooling around with optimizing taxes00:24:46
oblique it is more profitable to take on an individual00:24:48
style account, well, if you didn’t take00:24:50
from, then we go back to the point00:24:53
first and buy in the league so00:24:55
that we can sell them at a higher price, that is, we00:24:56
distribute them into short and long and00:24:58
long we try to hook on the00:25:01
maximum and interest rates00:25:03
so that it is worth thinking about this00:25:07
regarding bond trading, do not00:25:09
use technical analysis, it does not work there at all,00:25:11
from the words at all, in00:25:13
bond trading only00:25:14
macroeconomics works and market expectations work,00:25:17
the rider tells them that the market lays00:25:19
expectations first of all, then it00:25:21
puts00:25:23
all the00:25:24
main things into reality accordingly regarding the bond, as00:25:27
it seems to me, in this video I voiced from00:25:29
this video I liked it, don’t forget to like,00:25:30
leave comments, if you have00:25:32
any doubts and think that00:25:35
I’ve spoken nonsense somewhere, subscribe00:25:37
to this channel and bye everyoneDescription:
Стратегия выбора облигации в 2022. Надеюсь, что после просмотра этого видео вы сможете "подружиться" с долговым рынком и научитесь правильно выбирать облигации. Если есть вопросы/замечания, пишите в комментариях:) Не поленитесь, досмотрите до конца, разобрал все самые основные моменты, касающиеся работы на долговом рынке. Рассказал о том, как выбрать облигации ОФЗ, как выбрать корпоративные облигации, что такое евробонды, как выбрать наилучший купонный доход и как правильно инвестировать в облигации. Выбор ОФЗ: https://smart-lab.ru/q/ofz/ ______________ ✔️Мой Телеграм-канал, подписывайтесь - https://t.me/joinchat/lTwimgeg6TIwZGVi ______________ 0:00 - Вступление 0:33 - Основная теория, базовые понятия 1:10 - Виды облигаций, их плюсы и минусы 2:32 - Риски инвестирования в облигации 3:40 - Номинал, купон, погашение, НКД и другие важны моменты 5:20 - Критерии выбора облигаций. Стратегии. Плюсы и минусы. 14:29 - Индекс облигаций, как с ним работать 18:00 - Обзор интересных ОФЗ 20:29 - Корпоративные облигации 22:03 - Еврооблигации 23:15 - Дюрация 24:50 - Налоги, выводы и послесловие ______________ 🔸Еще видео, которые могли бы быть Вам интересны. Итоги 2021 + мысли по всем рынкам, на 2022: https://www.youtube.com/watch?v=RC9HyW2Wkjo Обзор рынка США, на 2022 год: https://www.youtube.com/watch?v=fjTe7NWVKKc Как не слить депозит, мощное видео: https://www.youtube.com/watch?v=wtYzrgeML30 Полный разбор S&P500, обучающее видео: https://www.youtube.com/watch?v=1mLDIyh5XmA&t=104s Как правильно выкупать коррекции: https://www.youtube.com/watch?v=vuNtnllb3YU&t=0s ______________ 👍Напоминаю о том, что все сказанное -- личное мнение автора и не является инвестиционной рекомендацией. ______________
Preparing download options
* — If the video is playing in a new tab, go to it, then right-click on the video and select "Save video as..."
** — Link intended for online playback in specialized players
Questions about downloading video
How can I download "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ." video?
http://unidownloader.com/ website is the best way to download a video or a separate audio track if you want to do without installing programs and extensions.
The UDL Helper extension is a convenient button that is seamlessly integrated into YouTube, Instagram and OK.ru sites for fast content download.
UDL Client program (for Windows) is the most powerful solution that supports more than 900 websites, social networks and video hosting sites, as well as any video quality that is available in the source.
UDL Lite is a really convenient way to access a website from your mobile device. With its help, you can easily download videos directly to your smartphone.
Which format of "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ." video should I choose?
The best quality formats are FullHD (1080p), 2K (1440p), 4K (2160p) and 8K (4320p). The higher the resolution of your screen, the higher the video quality should be. However, there are other factors to consider: download speed, amount of free space, and device performance during playback.
Why does my computer freeze when loading a "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ." video?
The browser/computer should not freeze completely! If this happens, please report it with a link to the video. Sometimes videos cannot be downloaded directly in a suitable format, so we have added the ability to convert the file to the desired format. In some cases, this process may actively use computer resources.
How can I download "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ." video to my phone?
You can download a video to your smartphone using the website or the PWA application UDL Lite. It is also possible to send a download link via QR code using the UDL Helper extension.
How can I download an audio track (music) to MP3 "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ."?
The most convenient way is to use the UDL Client program, which supports converting video to MP3 format. In some cases, MP3 can also be downloaded through the UDL Helper extension.
How can I save a frame from a video "Облигации в 2022. Как получить максимум? Мои шаги, от А до Я. Обзор топовых ОФЗ."?
This feature is available in the UDL Helper extension. Make sure that "Show the video snapshot button" is checked in the settings. A camera icon should appear in the lower right corner of the player to the left of the "Settings" icon. When you click on it, the current frame from the video will be saved to your computer in JPEG format.
What's the price of all this stuff?
It costs nothing. Our services are absolutely free for all users. There are no PRO subscriptions, no restrictions on the number or maximum length of downloaded videos.