{"id":107065,"date":"2018-02-21T05:50:00","date_gmt":"2018-02-21T05:50:00","guid":{"rendered":""},"modified":"2023-01-08T10:32:15","modified_gmt":"2023-01-08T10:32:15","slug":"hirtiile-de-valoare-pe-termen-lung-si-2","status":"publish","type":"post","link":"https:\/\/cvnextjob.com\/index.php\/2018\/02\/21\/hirtiile-de-valoare-pe-termen-lung-si-2\/","title":{"rendered":"H\u00eertiile de valoare pe termen lung \u015fi scurt."},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h3 class=\"post-title entry-title\" itemprop=\"headline\" style=\"background-color: white; color: #333333; font-family: Oswald, sans-serif; font-size: 20px; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: normal; line-height: 1.1; margin: 0px 0px 10px; padding: 0px; position: relative;\"><\/h3>\n<div class=\"post-body entry-content\" id=\"post-body-8561037355134881356\" style=\"background-color: white; color: #555555; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 13px; line-height: 1.7; margin: 0px; overflow: hidden; padding: 0px; width: 615px;\">\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; text-align: justify;\"><span style=\"color: black; letter-spacing: 0.1pt;\">H\u00e2rtiile de valoare de stat se emit pe termen scurt, mediu sau&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.3pt;\">lung. H\u00e2rtiile de valoare de stat pe&nbsp;<i>termen mediu \u015fi lung&nbsp;<\/i><\/span><span style=\"color: black;\">(obliga\u0163iunile de stat) pot fi emise \u00een form\u0103 de \u00eenregistrare \u00een cont sau&nbsp;<span style=\"letter-spacing: -0.05pt;\">\u00een form\u0103 fizic\u0103.<\/span><\/span>&nbsp;<span style=\"color: black;\">H\u00e2rtiile de valoare de stat emise pe&nbsp;<i>termen scurt&nbsp;<\/i>sunt:<\/span>&nbsp;<span style=\"color: black; letter-spacing: -0.35pt;\">a)<\/span><span style=\"color: black;\">&nbsp;<i><span style=\"letter-spacing: 0.15pt;\">bunurile de trezorerie<\/span><\/i><span style=\"letter-spacing: 0.15pt;\">&nbsp;&#8211; h\u00e2rtii de valoare cu scont emise&nbsp;<\/span><span style=\"letter-spacing: 0.25pt;\">\u00een form\u0103 de \u00eenregistrare \u00een cont, cu o anumita scaden\u0163a<\/span><span style=\"letter-spacing: -0.2pt;\">;<\/span><\/span>&nbsp;<span style=\"color: black; letter-spacing: -0.3pt;\">b)<\/span><span style=\"color: black;\">&nbsp;<i><span style=\"letter-spacing: 0.35pt;\">bonurile de acoperire a decalajului de cas\u0103<\/span><\/i><span style=\"letter-spacing: 0.35pt;\">&nbsp;&#8211; h\u00e2rtii de&nbsp;<\/span><span style=\"letter-spacing: 0.25pt;\">valoare cu scont emise \u00een form\u0103 de \u00eenregistrare \u00een cont&nbsp;<\/span><span style=\"letter-spacing: 0.7pt;\">pe orice termen de p\u00e2n\u0103 la 365 de zile, \u00een scopul&nbsp;<\/span><span style=\"letter-spacing: 0.15pt;\">concord\u0103rii veniturilor \u015fi cheltuielilor bugetului.&nbsp;<\/span><\/span><span style=\"color: black; letter-spacing: 0.4pt;\">Dac\u0103 data la care trebuie s\u0103 se efectueze una din pl\u0103\u0163ile&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.05pt;\">aferente h\u00e2rtiei de valoare de stat coincide cu o zi nelucr\u0103toare, plata s<\/span><span style=\"color: black; letter-spacing: 0.4pt;\">e va efectua \u00een prima zi de lucru<a href=\"https:\/\/www.blogger.com\/blogger.g?blogID=4202955034125599721\" name=\"more\" style=\"color: #ee5307; outline: none; text-decoration-line: none;\"><\/a>&nbsp;urm\u0103toare, f\u0103r\u0103 dob\u00e2nd\u0103&nbsp;<\/span><span style=\"color: black; letter-spacing: -0.1pt;\">suplimentar\u0103.<\/span><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin-top: 1.45pt; text-align: justify;\"><b><i><span style=\"color: black; letter-spacing: -0.25pt;\">H\u00e2rtiile de valoare de stat pe termen lung<\/span><\/i><\/b><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin-right: 0.7pt; text-align: justify;\"><span style=\"color: black; letter-spacing: 0.15pt;\">Specifice sunt aici&nbsp;<i>\u00eemprumuturile de stat&nbsp;<\/i><\/span><i><span style=\"color: black;\">pe termen lung,&nbsp;<\/span><\/i><span style=\"color: black;\">fiind lansate \u00een economia na\u0163ional\u0103 prin emisiunea \u015fi&nbsp;<span style=\"letter-spacing: 0.05pt;\">v\u00e2nzarea de obliga\u0163iuni \u015fi alte titluri valorice de \u00eemprumut.<\/span><\/span><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin: 3.85pt 6.5pt 0.0001pt 0pt; text-align: justify;\"><span style=\"color: black; letter-spacing: 0.05pt;\">Cele mai utilizate titluri de valoare pentru aceste \u00eemprumuturi&nbsp;<\/span><span style=\"color: black;\">au fost \u015fi au r\u0103mas obliga\u0163iunile.<\/span><span style=\"color: black;\">&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.7pt;\">Pentru emiterea \u015fi v\u00e2nzarea obliga\u0163iunilor acestor&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.15pt;\">\u00eemprumuturi s-au conceptualizat trei no\u0163iuni:<\/span><span style=\"color: black;\">&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.05pt;\">valoarea nominal\u0103;<\/span><span style=\"color: black;\">&nbsp;<\/span><span style=\"color: black; letter-spacing: -0.05pt;\">valoarea real\u0103;<\/span><span style=\"color: black;\">&nbsp;<\/span><span style=\"color: black; letter-spacing: -0.05pt;\">cursul.<\/span><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin-top: 0.25pt; text-align: justify;\"><i><span style=\"color: black; letter-spacing: -0.05pt;\">Procedeele de emisiune a \u00eemprumuturilor&nbsp;<\/span><\/i><i><span style=\"color: black; letter-spacing: -0.1pt;\">interne de stat pe termen lung sunt urm\u0103toarele:<\/span><\/i><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin: 0.25pt 0pt 0.0001pt; text-align: justify; text-indent: 0pt;\"><span style=\"color: black; letter-spacing: -0.55pt;\">a)<span style=\"font-family: &quot;&quot;; font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;\">&nbsp;<\/span><\/span><span style=\"color: black; letter-spacing: 0.1pt;\">v\u00e2nzarea obliga\u0163iunilor unor bancheri;<\/span><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin-left: 0pt; text-align: justify; text-indent: 0pt;\"><span style=\"color: black; letter-spacing: -0.45pt;\">b)<span style=\"font-family: &quot;&quot;; font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;\">&nbsp;<\/span><\/span><b><i><span style=\"color: black; letter-spacing: 0.05pt;\">v\u00e2nzarea de c\u0103tre stat prin subscrip\u0163ie public\u0103<\/span><\/i><\/b><span style=\"color: black; letter-spacing: 0.05pt;\">&nbsp;&#8211; procedeul de emisiune a c\u0103rui practic\u0103 este condi\u0163ionat\u0103 de existen\u0163a unor disponibilit\u0103\u0163i de capital,&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.1pt;\">pe pia\u0163a intern\u0103, \u00een posesia unui num\u0103r c\u00e2t mai mare de cet\u0103\u0163eni. \u00een&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.05pt;\">aceste condi\u0163ii, procedeul subscrip\u0163iei publice este cel mai rentabil&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.1pt;\">pentru stat<\/span><span style=\"color: black; letter-spacing: 0.05pt;\">;<\/span><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin: 0.25pt 0.5pt 0.0001pt 0pt; text-align: justify;\"><b><i><span style=\"color: black; letter-spacing: 0.05pt;\">v\u00e2nzarea obliga\u0163iunilor la burs\u0103<\/span><\/i><\/b><span style=\"color: black; letter-spacing: 0.05pt;\">&nbsp;&#8211;&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.1pt;\">posibilit\u0103\u0163ii oferit\u0103 de bursele de valori ca institu\u0163ii&nbsp;<\/span><span style=\"color: black;\">organizate \u00een cadrul c\u0103rora se negociaz\u0103, se v\u00e2nd \u015fi se cump\u0103r\u0103 valori&nbsp;<span style=\"letter-spacing: -0.25pt;\">mobiliare.<\/span><\/span><\/div>\n<p><\/p>\n<div style=\"background-attachment: scroll; background-clip: initial; background-image: none; background-origin: initial; background-position: 0% 0%; background-repeat: repeat; background-size: initial; line-height: 19.5px; margin-right: 2.4pt; text-align: justify;\"><span style=\"color: black; letter-spacing: 0.25pt;\">Referitor la rambursarea \u00eemprumuturilor interne pe termen&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.6pt;\">lung, s-au r\u0103sp\u00e2ndit&nbsp;<\/span><span style=\"color: black; letter-spacing: -0.6pt;\">\u201eanuit\u0103\u0163ile \u2013 procedeie&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.05pt;\">de plat\u0103 anual de c\u0103tre statul&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.15pt;\">debitor a unor sume de bani reprezent\u00e2nd at\u00e2t dob\u00e2nda, c\u00e2t \u015fi p\u0103r\u0163i&nbsp;<\/span><span style=\"color: black; letter-spacing: 0.05pt;\">sau rate din \u00eemprumutul respectiv.<\/span><span style=\"color: black; letter-spacing: -0.1pt;\">&nbsp;Exist\u0103 anuit\u0103\u0163i&nbsp;<i>fixe, progresive \u015fi regresive.<\/i><\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>H\u00e2rtiile de valoare de stat se emit pe termen scurt, mediu sau&nbsp;lung. H\u00e2rtiile de valoare de stat pe&nbsp;termen mediu \u015fi lung&nbsp;(obliga\u0163iunile de stat) pot fi emise \u00een form\u0103 de \u00eenregistrare \u00een cont sau&nbsp;\u00een form\u0103 fizic\u0103.&nbsp;H\u00e2rtiile de valoare de stat emise pe&nbsp;termen scurt&nbsp;sunt:&nbsp;a)&nbsp;bunurile de trezorerie&nbsp;&#8211; h\u00e2rtii de valoare cu scont emise&nbsp;\u00een form\u0103 de \u00eenregistrare \u00een cont, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/107065"}],"collection":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/comments?post=107065"}],"version-history":[{"count":0,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/107065\/revisions"}],"wp:attachment":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/media?parent=107065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/categories?post=107065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/tags?post=107065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}