| 1 | |
| 00:00:21,010 --> 00:00:24,010 | |
| ال .. المرة الفاتة كنا نحكي عن موضوع ال .. ال bond | |
| 2 | |
| 00:00:24,010 --> 00:00:28,270 | |
| markets okay و ال .. و ال stock marketsوحكينا we | |
| 3 | |
| 00:00:28,270 --> 00:00:31,130 | |
| classify the bond market into two different | |
| 4 | |
| 00:00:31,130 --> 00:00:34,450 | |
| markets the governmental market and the corporate | |
| 5 | |
| 00:00:34,450 --> 00:00:38,950 | |
| bond .. the corporate bonds and the governmental | |
| 6 | |
| 00:00:38,950 --> 00:00:42,570 | |
| bonds is issued by the governments and the | |
| 7 | |
| 00:00:42,570 --> 00:00:45,890 | |
| corporate bonds is issued by the companies and | |
| 8 | |
| 00:00:45,890 --> 00:00:48,390 | |
| they had .. we have different classifications of | |
| 9 | |
| 00:00:48,390 --> 00:00:51,250 | |
| these bonds يعني احنا في عندنا تصنيفات أخرى لل | |
| 10 | |
| 00:00:51,250 --> 00:00:55,390 | |
| bonds سواء كانت السندات الحكومية أو سندات الشركات | |
| 11 | |
| 00:00:57,560 --> 00:01:00,560 | |
| ال .. الهدف الأساسي اليوم the .. the main | |
| 12 | |
| 00:01:00,560 --> 00:01:03,120 | |
| objective of the meeting today is to show you how | |
| 13 | |
| 00:01:03,120 --> 00:01:06,980 | |
| the pricing system in the bonds كيف طرق التسعير في | |
| 14 | |
| 00:01:06,980 --> 00:01:10,920 | |
| ال bondsOkay and if we have time, we will go in | |
| 15 | |
| 00:01:10,920 --> 00:01:14,420 | |
| details about the bonds classifications وإذا كان | |
| 16 | |
| 00:01:14,420 --> 00:01:17,120 | |
| المعنى موجود، هنحكي عن ال bonds classifications و | |
| 17 | |
| 00:01:17,120 --> 00:01:28,260 | |
| تصنيفات ال bonds It is important to access www.wsj | |
| 18 | |
| 00:01:28,260 --> 00:01:34,020 | |
| .comthis website is for wall street journal this | |
| 19 | |
| 00:01:34,020 --> 00:01:39,700 | |
| is a very important website in 1970s 80s you have | |
| 20 | |
| 00:01:39,700 --> 00:01:43,840 | |
| to pay money in order to access this website يعني | |
| 21 | |
| 00:01:43,840 --> 00:01:47,040 | |
| بالسبعينات تمانينات حتى التسعينات لازم تدفعوا فلوس | |
| 22 | |
| 00:01:47,040 --> 00:01:50,540 | |
| عشان تدخلوا على هذا ال website اليوم هذا ال | |
| 23 | |
| 00:01:50,540 --> 00:01:54,260 | |
| website free so you can access this website easily | |
| 24 | |
| 00:01:54,800 --> 00:01:58,040 | |
| أهمية هذا ال website أنه بعرض ال pricing .. ال | |
| 25 | |
| 00:01:58,040 --> 00:02:01,520 | |
| pricing information about the bond market, about | |
| 26 | |
| 00:02:01,520 --> 00:02:03,760 | |
| the stock market, about every financial .. | |
| 27 | |
| 00:02:03,760 --> 00:02:06,920 | |
| financial markets in the United States يعني بيعرض | |
| 28 | |
| 00:02:06,920 --> 00:02:09,460 | |
| كل المعلومات اللي بتعلقة في الأسواق الولايات | |
| 29 | |
| 00:02:09,460 --> 00:02:12,980 | |
| المتحدة الأمريكيةطبعا هذا اكتر واحد مشهور و اكبر | |
| 30 | |
| 00:02:12,980 --> 00:02:19,000 | |
| موقع بيعمل generation لل financial data يعني | |
| 31 | |
| 00:02:19,000 --> 00:02:24,060 | |
| بيعطينا معلومات مالية فعشان تشوف ال prices just go | |
| 32 | |
| 00:02:24,060 --> 00:02:27,800 | |
| to the bond prices and you can see the .. | |
| 33 | |
| 00:02:27,800 --> 00:02:31,460 | |
| unfortunately the internet is not going well عشان | |
| 34 | |
| 00:02:31,460 --> 00:02:35,520 | |
| هيك مش هنقدر نورجيكم الكلام هذا فان شاء الله when | |
| 35 | |
| 00:02:35,520 --> 00:02:38,600 | |
| you go home so you just login the wall street | |
| 36 | |
| 00:02:38,600 --> 00:02:42,800 | |
| journal it's like thisلوح على ال Wall Street | |
| 37 | |
| 00:02:42,800 --> 00:02:47,200 | |
| Journal هاي اللي بتروح على market data go to the | |
| 38 | |
| 00:02:47,200 --> 00:02:51,060 | |
| market data center and go to the you have many | |
| 39 | |
| 00:02:51,060 --> 00:02:55,880 | |
| options for instance US stocks, mutual markets, | |
| 40 | |
| 00:02:56,220 --> 00:03:01,280 | |
| mutual funds and bond rates and credit markets | |
| 41 | |
| 00:03:01,280 --> 00:03:04,460 | |
| فبتروح على bond rates و credit markets بتشوفوا كل | |
| 42 | |
| 00:03:04,460 --> 00:03:09,080 | |
| البيانات متعلقة في الأسواق السندات okay | |
| 43 | |
| 00:03:13,550 --> 00:03:22,770 | |
| زي ما انتوا شايفين انها بال .. | |
| 44 | |
| 00:03:22,770 --> 00:03:27,490 | |
| okay طبعا الكتاب أخد هذه المعلومات من ال wall | |
| 45 | |
| 00:03:27,490 --> 00:03:30,770 | |
| street journal المعلومات هذه أصلا أخوها من ال wall | |
| 46 | |
| 00:03:30,770 --> 00:03:35,230 | |
| street journal ل for some US government bonds and | |
| 47 | |
| 00:03:35,230 --> 00:03:41,680 | |
| notesلبعض السندات الحكومية و ال notes بتاعة ال .. | |
| 48 | |
| 00:03:41,680 --> 00:03:44,860 | |
| طب what it means government bonds سندات حكومية بق | |
| 49 | |
| 00:03:44,860 --> 00:03:48,100 | |
| what it means government notes هاي is .. is | |
| 50 | |
| 00:03:48,100 --> 00:03:50,620 | |
| terminology related to the .. to the governments | |
| 51 | |
| 00:03:50,620 --> 00:03:55,000 | |
| هذه عبارة عن مصطلحات الحكومة أو جداتها بق the .. | |
| 52 | |
| 00:03:55,000 --> 00:03:58,380 | |
| the main difference between the government bonds | |
| 53 | |
| 00:03:58,380 --> 00:04:03,220 | |
| and the government notes is the span is the life | |
| 54 | |
| 00:04:03,220 --> 00:04:07,780 | |
| span life spanالفرق هو ال life span اللي هي المدة | |
| 55 | |
| 00:04:07,780 --> 00:04:17,180 | |
| so the government bonds is span over 30 years you | |
| 56 | |
| 00:04:17,180 --> 00:04:24,540 | |
| see the government bonds are | |
| 57 | |
| 00:04:24,540 --> 00:04:30,560 | |
| greater than 10 years however the government notes | |
| 58 | |
| 00:04:33,230 --> 00:04:40,830 | |
| is less than or equal ten years or less than or | |
| 59 | |
| 00:04:40,830 --> 00:04:44,410 | |
| equal ten years less than or equal ten years يعني | |
| 60 | |
| 00:04:44,410 --> 00:04:48,650 | |
| السندات الحكومية ال bonds هي أكتر من عشر سنوات | |
| 61 | |
| 00:04:48,650 --> 00:04:52,330 | |
| تمتد حتى تلاتين سنة حتى أنا شوفت على ال website | |
| 62 | |
| 00:04:52,330 --> 00:04:55,430 | |
| لعند ال ألفين و أتنين و أربعين إذا بتفتح ال | |
| 63 | |
| 00:04:55,430 --> 00:04:58,130 | |
| website هتشوفوا سندات لسنة الألفين و أتنين و | |
| 64 | |
| 00:04:58,130 --> 00:05:03,490 | |
| أربعين يعني كام سنةمن 2013 ل2042 يعني حوالي around | |
| 65 | |
| 00:05:03,490 --> 00:05:07,630 | |
| تلاتين سنة و أقل شويه okay فممكن في ال website | |
| 66 | |
| 00:05:07,630 --> 00:05:11,390 | |
| هتشوفوا ان في سندات up to the twenty years, twenty | |
| 67 | |
| 00:05:11,390 --> 00:05:15,110 | |
| -five years and thirty years ال government notes | |
| 68 | |
| 00:05:15,110 --> 00:05:20,030 | |
| هي نوع من أنواع السندات الحكومية لكن هي بتصدر بأقل | |
| 69 | |
| 00:05:20,030 --> 00:05:27,110 | |
| أو تساوي عشر سنوات okay هذا listing لهذه السندات | |
| 70 | |
| 00:05:28,300 --> 00:05:31,600 | |
| هذا هو example of the of the treasury of the | |
| 71 | |
| 00:05:31,600 --> 00:05:35,220 | |
| government bonds and notes نتطلع احنا how they | |
| 72 | |
| 00:05:35,220 --> 00:05:38,460 | |
| price this the first column is maturity date | |
| 73 | |
| 00:05:38,460 --> 00:05:43,640 | |
| maturity date اللي هو تاريخ الاستحقاق the second | |
| 74 | |
| 00:05:43,640 --> 00:05:48,480 | |
| column is the coupon rate اللي هو الفائدة this | |
| 75 | |
| 00:05:48,480 --> 00:05:52,360 | |
| coupon rate is paid annually or semiannually تدفع | |
| 76 | |
| 00:05:52,360 --> 00:05:57,180 | |
| سنويًا or يعني لو احنا خدنا ال 5.125 اللي هي هذه | |
| 77 | |
| 00:05:58,050 --> 00:06:03,570 | |
| Okay it may paid annually ممكن ندفعها annually | |
| 78 | |
| 00:06:03,570 --> 00:06:07,530 | |
| يعني سنويا or semi annually if it is semi annually | |
| 79 | |
| 00:06:07,530 --> 00:06:12,350 | |
| you have to divide it by two لازم نقسمها by two | |
| 80 | |
| 00:06:12,350 --> 00:06:17,180 | |
| why it is called coupon rateليش سمناها coupon rate | |
| 81 | |
| 00:06:17,180 --> 00:06:23,800 | |
| لأنه قبل التكنولوجيا يعني قبل 2009 كانوا يعطوا ال | |
| 82 | |
| 00:06:23,800 --> 00:06:30,240 | |
| investors ال bond holder يعطوهم bonds | |
| 83 | |
| 00:06:30,240 --> 00:06:36,720 | |
| يعطوهم سند بهذا الشكل and divided into into | |
| 84 | |
| 00:06:36,720 --> 00:06:41,400 | |
| coupons و مقسم إلى couponات فاكرين ال couponات | |
| 85 | |
| 00:06:41,400 --> 00:06:48,540 | |
| العادية هذه فكل couponعليه اللي هو ال cash ال cash | |
| 86 | |
| 00:06:48,540 --> 00:06:53,190 | |
| valuefor instance لو أجينا احنا أخدنا مثال خمسة | |
| 87 | |
| 00:06:53,190 --> 00:06:57,350 | |
| فاصلة واحد اتنين خمسة five point one two five قلول | |
| 88 | |
| 00:06:57,350 --> 00:07:01,770 | |
| coupon if it is paid semiannually it means every | |
| 89 | |
| 00:07:01,770 --> 00:07:06,930 | |
| six months so we time it by one thousand one | |
| 90 | |
| 00:07:06,930 --> 00:07:10,450 | |
| thousand is the bar value عشان نعرف كده احنا كل ست | |
| 91 | |
| 00:07:10,450 --> 00:07:13,910 | |
| شهور لازم ناخد من السند بيقول ال bar value ضرب | |
| 92 | |
| 00:07:13,910 --> 00:07:17,390 | |
| اللي هو ال coupon كم بتطلع سيبقوا عندكم على القالع | |
| 93 | |
| 00:07:17,390 --> 00:07:20,480 | |
| الحاسب بشوفوا كم تطلعو أنا بحسبها عندى كمان على ال | |
| 94 | |
| 00:07:20,480 --> 00:07:26,360 | |
| Excel عشان نشوف okay هلا نشوف ال bar value ألف | |
| 95 | |
| 00:07:26,360 --> 00:07:32,200 | |
| دولار هى ألف دولار okay اه | |
| 96 | |
| 00:07:32,200 --> 00:07:36,620 | |
| be careful as I said in the previous meeting the | |
| 97 | |
| 00:07:36,620 --> 00:07:39,500 | |
| treasury bills are issued by bar value ten | |
| 98 | |
| 00:07:39,500 --> 00:07:46,240 | |
| thousands bonds is issued by one thousandOkay, so | |
| 99 | |
| 00:07:46,240 --> 00:07:51,960 | |
| be careful on this. So the bar value is | |
| 100 | |
| 00:07:51,960 --> 00:07:59,940 | |
| 1000 مكبر الخط The | |
| 101 | |
| 00:07:59,940 --> 00:08:04,620 | |
| coupon, coupon is called by C, we can use C, the | |
| 102 | |
| 00:08:04,620 --> 00:08:10,500 | |
| coupon is 5.125 | |
| 103 | |
| 00:08:10,500 --> 00:08:12,740 | |
| and don't forget this is as a percentage | |
| 104 | |
| 00:08:15,450 --> 00:08:21,450 | |
| sorry yes this is the coupon is paid semiannually | |
| 105 | |
| 00:08:21,450 --> 00:08:26,510 | |
| ال coupon paid semiannually يعني لازم نكسبه على | |
| 106 | |
| 00:08:26,510 --> 00:08:30,850 | |
| إيش لازم | |
| 107 | |
| 00:08:30,850 --> 00:08:34,890 | |
| نكسبه على اتنين لأنه semiannual ايه semiannual | |
| 108 | |
| 00:08:34,890 --> 00:08:41,130 | |
| يعني نفس غنوية يعني هذه الفائدة هي annual this | |
| 109 | |
| 00:08:41,130 --> 00:08:45,710 | |
| is standardهذا ال standard في السوق المالي خلاص | |
| 110 | |
| 00:08:45,710 --> 00:08:49,110 | |
| يعني عارفين ال investors they suggested the prices | |
| 111 | |
| 00:08:49,110 --> 00:08:53,730 | |
| and suggested coupon rates are annual يعني عارفين | |
| 112 | |
| 00:08:53,730 --> 00:08:57,930 | |
| ال investors هذي annual فعشان نحسب ال semi-annual | |
| 113 | |
| 00:08:57,930 --> 00:09:01,510 | |
| you have to divide it by two ال semi-annual ل 6 | |
| 114 | |
| 00:09:01,510 --> 00:09:04,690 | |
| شهور يعني إذا بالسنة بناخد المبلغ هذا طب بال 6 | |
| 115 | |
| 00:09:04,690 --> 00:09:09,590 | |
| شهور قداش نقسم على 2 okay فإحنا لو روح نقسم | |
| 116 | |
| 00:09:12,280 --> 00:09:20,920 | |
| بتقسيم اتنين okay بطلع اللي هو point 025 عشان نعرف | |
| 117 | |
| 00:09:20,920 --> 00:09:27,600 | |
| كده هيطلع علينا كل ست شهور اللي هو ال cash cash | |
| 118 | |
| 00:09:27,600 --> 00:09:32,580 | |
| هيطلع يساوي اللي هو الألف بنضربها في ال rates | |
| 119 | |
| 00:09:32,580 --> 00:09:38,680 | |
| فبطلع عندنا كل ست شهور بناخد خمسة و عشرين دولار | |
| 120 | |
| 00:09:38,680 --> 00:09:41,900 | |
| فاصلة 625 فبيجي | |
| 121 | |
| 00:09:44,080 --> 00:09:52,840 | |
| نعيدها أخر مرة الـ bar value ألف دولار ال coupon | |
| 122 | |
| 00:09:52,840 --> 00:09:59,920 | |
| كم؟ five point one two five don't forget this is | |
| 123 | |
| 00:09:59,920 --> 00:10:04,500 | |
| percentage طيب لما بنيجي semi annual كل ست شهور | |
| 124 | |
| 00:10:04,500 --> 00:10:09,540 | |
| لازم نقسمها c على two اللي هو five one two five | |
| 125 | |
| 00:10:09,540 --> 00:10:20,820 | |
| divided by twoبطلع الجواب هان يعني اتنين و نص ستة | |
| 126 | |
| 00:10:20,820 --> 00:10:26,720 | |
| اتنين خمسة في المية okay هلأ هذا الجواب بنضربه في | |
| 127 | |
| 00:10:26,720 --> 00:10:31,420 | |
| الألف دولار بطلع عندنا خمسة و عشرين دولار ست مية و | |
| 128 | |
| 00:10:31,420 --> 00:10:35,720 | |
| خمسة و عشرين هلأ كل .. every six months كل ست شهور | |
| 129 | |
| 00:10:35,720 --> 00:10:40,860 | |
| بيكون في عندي couponكل ست شهور فبيجي ال investor | |
| 130 | |
| 00:10:40,860 --> 00:10:47,720 | |
| برفع ال coupon و بروح البنك و بيحط قيمته okay من | |
| 131 | |
| 00:10:47,720 --> 00:10:52,860 | |
| هون اجت كلمة coupon فال coupon بمزع ال .. يعني ال | |
| 132 | |
| 00:10:52,860 --> 00:10:57,020 | |
| coupon العادية فبمزع ال investors ال .. ال .. | |
| 133 | |
| 00:10:57,020 --> 00:10:59,700 | |
| الورقة اللي بتخص ال ست شهور هذه و بروح البنك و | |
| 134 | |
| 00:10:59,700 --> 00:11:04,210 | |
| بحصل قيمتهاالان مثلا خلصت هذه الست شهور الجاى برضه | |
| 135 | |
| 00:11:04,210 --> 00:11:08,210 | |
| بمزعل بعديها و هكذا لما يخلص الكوبون لمدة .. زى | |
| 136 | |
| 00:11:08,210 --> 00:11:13,810 | |
| الشكال بالظبط هلأ هذا النظام خلص هذا النظام لعندي | |
| 137 | |
| 00:11:13,810 --> 00:11:18,350 | |
| التسعين كان موجود هلأ صار كله electronic كل | |
| 138 | |
| 00:11:18,350 --> 00:11:21,470 | |
| electronic يتم .. كل ست شهور يضعف للحساب قيمة | |
| 139 | |
| 00:11:21,470 --> 00:11:31,920 | |
| الكوبون okay نرجع لل ..على ال 25.625 دربتها اسمها | |
| 140 | |
| 00:11:31,920 --> 00:11:35,980 | |
| كيفش بتعملها دربتها في ال 1100 ضرب عليها هى هذى | |
| 141 | |
| 00:11:35,980 --> 00:11:46,420 | |
| تساوي 1000 مضروبة في 5.125 divided by 2 okay بتطلع | |
| 142 | |
| 00:11:46,420 --> 00:11:55,960 | |
| هذا القيمة okay okay مش | |
| 143 | |
| 00:11:55,960 --> 00:12:01,070 | |
| سامعاقرأ الأسئلة في نهاية ال chapter بتعرف كيف | |
| 144 | |
| 00:12:01,070 --> 00:12:08,890 | |
| تيجي okay هلأ خلصنا ال .. خلصنا ال coupon خلصنا ال | |
| 145 | |
| 00:12:08,890 --> 00:12:15,410 | |
| coupon ال coupon rates كمان مرة هو سعر فائدة | |
| 146 | |
| 00:12:15,410 --> 00:12:19,350 | |
| الكوبوني اللي احنا هناخده على السند اللي هو قيمة | |
| 147 | |
| 00:12:19,350 --> 00:12:25,130 | |
| ال bar value تبع السند ألف دولار okay ال bid و ال | |
| 148 | |
| 00:12:25,130 --> 00:12:31,260 | |
| ask نيجي نحكي ع ال bid و ال askال bid و ال ask | |
| 149 | |
| 00:12:31,260 --> 00:12:38,640 | |
| خلّيني | |
| 150 | |
| 00:12:38,640 --> 00:12:40,360 | |
| لحظة بس نحكي على ال bid و ال ask | |
| 151 | |
| 00:12:45,800 --> 00:12:52,340 | |
| الـ bid و ال ask price ناخد ال bid 100.09 لاحظوا | |
| 152 | |
| 00:12:52,340 --> 00:12:57,380 | |
| طريقة التسعير 100 نقطتين فوق بعض مش نقطة محتوطة | |
| 153 | |
| 00:12:57,380 --> 00:13:04,580 | |
| نقطتين فوق بعض 09110 ايش | |
| 154 | |
| 00:13:04,580 --> 00:13:11,820 | |
| معناه what it means this خليني بس لحظة نحكي 100 | |
| 155 | |
| 00:13:11,820 --> 00:13:18,050 | |
| نقطتين فوق بعضO9 100 وتنفق بعد 10 تطلعوا على اللي | |
| 156 | |
| 00:13:18,050 --> 00:13:22,330 | |
| موجود عندكم موجود نقطة ولا نقطتين okay what it | |
| 157 | |
| 00:13:22,330 --> 00:13:29,290 | |
| means ايش معناها لأ مش 9% بتعني ان هذا الرقم ال O9 | |
| 158 | |
| 00:13:29,290 --> 00:13:39,020 | |
| and 10 is divided by 32 مقصوم على 32ليش؟ this is | |
| 159 | |
| 00:13:39,020 --> 00:13:44,300 | |
| standard in the US markets هذا standard في أسواق | |
| 160 | |
| 00:13:44,300 --> 00:13:47,060 | |
| الولايات المتحدة الأمريكية طبعا لأنه في الولايات | |
| 161 | |
| 00:13:47,060 --> 00:13:51,640 | |
| المتحدة الأمريكية بيستخدموا نظام التسعير الكسر | |
| 162 | |
| 00:13:51,640 --> 00:13:55,500 | |
| العادي بيستخدموا الكسر العادي مش الكسر العشري | |
| 163 | |
| 00:13:55,500 --> 00:13:59,240 | |
| كانوا في السابق يستخدموا one divided by eight | |
| 164 | |
| 00:13:59,240 --> 00:14:05,680 | |
| سابقا بعدين استخدموا one divided by sixteenبعدين | |
| 165 | |
| 00:14:05,680 --> 00:14:12,440 | |
| استخدموا one divided by 32 أول تمن واحدة ستة عشر | |
| 166 | |
| 00:14:12,440 --> 00:14:15,580 | |
| واحدة اتنين و تلاتين فإذا انتوا بتشوفين هذا الرقم | |
| 167 | |
| 00:14:15,580 --> 00:14:19,900 | |
| هذا الرقم يعني او نين على اتنين و تلاتين طبعا ال | |
| 168 | |
| 00:14:19,900 --> 00:14:22,640 | |
| investors بيقولولهمش الكلام هذا because they | |
| 169 | |
| 00:14:22,640 --> 00:14:26,320 | |
| already know about this ال investors ما بيحكولهمش | |
| 170 | |
| 00:14:26,320 --> 00:14:28,780 | |
| لأن ال investors عارفين الكلام هذا ان او نين | |
| 171 | |
| 00:14:28,780 --> 00:14:32,980 | |
| divided by 32 how to convert this into price كيف | |
| 172 | |
| 00:14:32,980 --> 00:14:39,290 | |
| نحولها لسعركمان مرة ال bid و ال ask مش مسعرة | |
| 173 | |
| 00:14:39,290 --> 00:14:43,170 | |
| بطريقة التسعير اللي احنا بنعرفه يعني اما احنا نروح | |
| 174 | |
| 00:14:43,170 --> 00:14:47,190 | |
| على السوق مثلا نسأل كام سعر الغسالة هيجي يحكينا | |
| 175 | |
| 00:14:47,190 --> 00:14:51,730 | |
| سعر الغسالة 500 شكل بس في الأسواق المالية ما | |
| 176 | |
| 00:14:51,730 --> 00:14:54,270 | |
| بيعملوا هاي ال pricing system ما بيعملوش نظام | |
| 177 | |
| 00:14:54,270 --> 00:14:58,450 | |
| التسعير عندهم نظام تسعير بختلف تماما عن اللي احنا | |
| 178 | |
| 00:14:58,450 --> 00:15:03,030 | |
| بنعرفهنظام التسعير الموجود في ال bonds تحديدا ال | |
| 179 | |
| 00:15:03,030 --> 00:15:06,890 | |
| bonds they use percentage system احفظوها they use | |
| 180 | |
| 00:15:06,890 --> 00:15:11,010 | |
| percentage system percentage | |
| 181 | |
| 00:15:11,010 --> 00:15:15,070 | |
| system of what of the bar value percentage of bar | |
| 182 | |
| 00:15:15,070 --> 00:15:19,730 | |
| value ال bar value اللي هو القيمة الإسمية للسند | |
| 183 | |
| 00:15:19,730 --> 00:15:24,650 | |
| يعني القيمة هاي اللي انتوا شايفينها thisis the | |
| 184 | |
| 00:15:24,650 --> 00:15:29,230 | |
| percentage of the bar value يعني هي نسبة مأوية من | |
| 185 | |
| 00:15:29,230 --> 00:15:33,010 | |
| القيمة الاسمية so how we convert this into price | |
| 186 | |
| 00:15:33,010 --> 00:15:38,270 | |
| system كيف نحولها لسعر احنا بنعرفه the investors | |
| 187 | |
| 00:15:38,270 --> 00:15:41,370 | |
| they don't need to convert this ال investors they | |
| 188 | |
| 00:15:41,370 --> 00:15:43,450 | |
| don't need because they understand they know this | |
| 189 | |
| 00:15:44,310 --> 00:15:47,110 | |
| ال investors بيعرفوا الكلام هذا لكن انتوا as a | |
| 190 | |
| 00:15:47,110 --> 00:15:49,710 | |
| student you don't know this so you need to convert | |
| 191 | |
| 00:15:49,710 --> 00:15:52,570 | |
| into the prices system that you understand | |
| 192 | |
| 00:15:52,570 --> 00:15:56,770 | |
| بتحتاجوا تحولوها لأسعار انتوا بتعرفوها so how we | |
| 193 | |
| 00:15:56,770 --> 00:16:01,430 | |
| do this أول خطوة و اتبعوا معايا و بفضل يكون معاكم | |
| 194 | |
| 00:16:01,430 --> 00:16:05,330 | |
| آلات حاسبة okay أكيد البنات اللي معاهم مش آلات | |
| 195 | |
| 00:16:05,330 --> 00:16:08,210 | |
| حاسبة مش هيفهموا اللي احنا بنحكي فيهdefinitely | |
| 196 | |
| 00:16:08,210 --> 00:16:11,810 | |
| يعني وبالتالي يعني رجاء أن تستخدموا القانعة حاسبة | |
| 197 | |
| 00:16:11,810 --> 00:16:19,250 | |
| أول خطوة step one step one you have to calculate | |
| 198 | |
| 00:16:19,250 --> 00:16:25,370 | |
| the o9 لازم نحسب ال o9 the o9 is not the o9 as you | |
| 199 | |
| 00:16:25,370 --> 00:16:29,830 | |
| know this point o9 because we don't have point o9 | |
| 200 | |
| 00:16:29,830 --> 00:16:39,190 | |
| we have o9 like thisماذا يعني 09 مثلًا، يعني 09 ÷ | |
| 201 | |
| 00:16:39,190 --> 00:16:43,510 | |
| 32، لذلك كون حذرًا، في مجلد جديد، كون حذرًا عن | |
| 202 | |
| 00:16:43,510 --> 00:16:56,210 | |
| هذا، لذلك 09 ÷ 32 يعني نقطة، حسنًا هي نقطة 28، | |
| 203 | |
| 00:16:56,210 --> 00:17:03,030 | |
| لذلك الآن 100.28 | |
| 204 | |
| 00:17:04,400 --> 00:17:11,740 | |
| أنت تعرف أن 100 هو 100 و 28 يأتي من 09 مقال 32 هذا | |
| 205 | |
| 00:17:11,740 --> 00:17:18,020 | |
| هو الخطوة الأولى الخطوة الثانوية هي | |
| 206 | |
| 00:17:18,020 --> 00:17:29,100 | |
| أن تزيد أسعار البيت بالمقال البر 100 | |
| 207 | |
| 00:17:29,100 --> 00:17:33,460 | |
| .28×1000 | |
| 208 | |
| 00:17:35,380 --> 00:17:46,180 | |
| كون حذرا، وانتبهان، هذا الـ100.28 هو البرمجة، | |
| 209 | |
| 00:17:46,180 --> 00:17:50,900 | |
| مرة أخرى، مرحلة واحدة أو سيب واحد، 09 مقال 32 يعني | |
| 210 | |
| 00:17:50,900 --> 00:17:59,560 | |
| 0.28، الأن تضيف 28 إلى 100، فهو 100.28، | |
| 211 | |
| 00:18:01,300 --> 00:18:08,300 | |
| الدرجة التالية او الدرجة الثانية هي 100.28×1000 | |
| 212 | |
| 00:18:08,300 --> 00:18:15,420 | |
| 1000 هو قيمة الـ bar كون حذرا، اسمعني، كون حذرا، | |
| 213 | |
| 00:18:15,420 --> 00:18:22,960 | |
| 128 هو مجموعة، كيف نفعلها بعد أن نقل هذا إلى هذا | |
| 214 | |
| 00:18:22,960 --> 00:18:27,340 | |
| ونقله إلى 100 طبعا | |
| 215 | |
| 00:18:27,340 --> 00:18:28,520 | |
| بعد ما نطلع الجواب | |
| 216 | |
| 00:18:31,470 --> 00:18:39,190 | |
| هذا طبعا الف point eight okay | |
| 217 | |
| 00:18:39,190 --> 00:18:42,350 | |
| now | |
| 218 | |
| 00:18:42,350 --> 00:18:47,760 | |
| this is for the bid price yes this is dollarThis | |
| 219 | |
| 00:18:47,760 --> 00:18:51,760 | |
| price is dollar if you match between the price | |
| 220 | |
| 00:18:51,760 --> 00:18:56,020 | |
| here look at the price here look at the price one | |
| 221 | |
| 00:18:56,020 --> 00:19:00,000 | |
| thousand two point eight and the price bid price | |
| 222 | |
| 00:19:00,000 --> 00:19:05,540 | |
| is totally different بختلف كتير عن بعض لأن هذا is | |
| 223 | |
| 00:19:05,540 --> 00:19:08,980 | |
| a pricing system based on the dollar هذا طريق | |
| 224 | |
| 00:19:08,980 --> 00:19:12,600 | |
| تسعير بالدولار and this pricing system based on | |
| 225 | |
| 00:19:12,600 --> 00:19:18,600 | |
| the percentage and the divided by 32Lets go to the | |
| 226 | |
| 00:19:18,600 --> 00:19:24,420 | |
| ask price اعملوا لحالكوا ال ask price هاي ال ask | |
| 227 | |
| 00:19:24,420 --> 00:19:29,100 | |
| price اعملوا لوحدكم ال ask price one hundred and | |
| 228 | |
| 00:19:29,100 --> 00:19:36,780 | |
| ten convert this price into the pricing system or | |
| 229 | |
| 00:19:36,780 --> 00:19:39,240 | |
| the normal pricing system ماحكتلك هذا ال standard | |
| 230 | |
| 00:19:39,240 --> 00:19:44,120 | |
| في الولايات المتحدة الأمريكية لأ مش معطف سؤال انت | |
| 231 | |
| 00:19:44,120 --> 00:19:48,150 | |
| لأ you have to know it by yourself be carefulهذه | |
| 232 | |
| 00:19:48,150 --> 00:19:53,090 | |
| المعلومات انا بعطيكوا بس الجدول بعطيكوا الجدول as | |
| 233 | |
| 00:19:53,090 --> 00:19:56,810 | |
| this table and do it by yourself ببحكي لكم مش انا | |
| 234 | |
| 00:19:56,810 --> 00:20:03,830 | |
| اجسمها 32 you have to do by yourself هذه 100.28 | |
| 235 | |
| 00:20:03,830 --> 00:20:08,890 | |
| okay خلّي انت كأنها مش موجودة تبني ضرب الألف بعد | |
| 236 | |
| 00:20:08,890 --> 00:20:14,830 | |
| ما يطلع الجواب جسمي عالمية بيطلع كام طب نتبع خطوة | |
| 237 | |
| 00:20:14,830 --> 00:20:24,010 | |
| خطوةالخطوة خطوة الخطوة الخطوة | |
| 238 | |
| 00:20:24,010 --> 00:20:27,410 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 239 | |
| 00:20:27,410 --> 00:20:27,410 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 240 | |
| 00:20:27,410 --> 00:20:28,170 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 241 | |
| 00:20:28,170 --> 00:20:29,630 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 242 | |
| 00:20:29,630 --> 00:20:29,890 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 243 | |
| 00:20:29,890 --> 00:20:29,890 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 244 | |
| 00:20:29,890 --> 00:20:29,890 | |
| الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة الخطوة | |
| 245 | |
| 00:20:29,890 --> 00:20:39,530 | |
| الخطوة الخطوة | |
| 246 | |
| 00:20:39,530 --> 00:20:43,610 | |
| الخطو | |
| 247 | |
| 00:20:45,070 --> 00:20:59,690 | |
| 1000 x 1000 تطلع 1300.1 بس that's it this | |
| 248 | |
| 00:20:59,690 --> 00:21:03,410 | |
| result | |
| 249 | |
| 00:21:03,410 --> 00:21:07,470 | |
| based on the dollar value هذه قيمة الدولار معناه | |
| 250 | |
| 00:21:07,470 --> 00:21:13,480 | |
| كلام if I ask youاسمعوا يا بنات if I ask you how | |
| 251 | |
| 00:21:13,480 --> 00:21:19,140 | |
| much the dealer make profits from the bids and ask | |
| 252 | |
| 00:21:19,140 --> 00:21:23,840 | |
| price by using the dollar system؟ قد ياش لبح | |
| 253 | |
| 00:21:23,840 --> 00:21:26,480 | |
| التاجر و ال dealer بالدولار؟ | |
| 254 | |
| 00:21:29,280 --> 00:21:36,440 | |
| كداش؟ ألف و تلاتة point one minus point eight | |
| 255 | |
| 00:21:36,440 --> 00:21:43,520 | |
| بالظبط اذا ال profit of dealer is one thousand | |
| 256 | |
| 00:21:43,520 --> 00:21:47,780 | |
| three point one minus one thousand two point eight | |
| 257 | |
| 00:21:47,780 --> 00:21:51,600 | |
| okay | |
| 258 | |
| 00:21:51,600 --> 00:21:56,820 | |
| هيكون هذا سعر point three I think point three | |
| 259 | |
| 00:21:56,820 --> 00:21:57,940 | |
| dollar | |
| 260 | |
| 00:22:00,110 --> 00:22:05,090 | |
| if the investor bought one thousand bonds how much | |
| 261 | |
| 00:22:05,090 --> 00:22:14,170 | |
| they profit yes time one thousand listen | |
| 262 | |
| 00:22:14,170 --> 00:22:18,030 | |
| carefully if the investor bought one thousand | |
| 263 | |
| 00:22:18,030 --> 00:22:25,390 | |
| bonds very simple يعني إذا كل سند إذا المستثمر | |
| 264 | |
| 00:22:25,390 --> 00:22:29,390 | |
| اشترى الف سند جدراش بيكون بربح نضرب الألف ال point | |
| 265 | |
| 00:22:29,390 --> 00:22:29,690 | |
| three | |
| 266 | |
| 00:22:35,360 --> 00:22:40,660 | |
| I told you if the investor bought 1000 bonds اذا | |
| 267 | |
| 00:22:40,660 --> 00:22:47,100 | |
| المستثمر اشترى 1000 سند قداش بتكون ربحه يعني يا | |
| 268 | |
| 00:22:47,100 --> 00:22:52,760 | |
| بنات بالعربي لو تاجر في غزة اشترى لعب اطفال وكل | |
| 269 | |
| 00:22:52,760 --> 00:22:56,140 | |
| لعبة بربح فيها عشرين شكل لو اشترى الف لعبة قداش | |
| 270 | |
| 00:22:56,140 --> 00:23:01,300 | |
| بربح هذا ال bond prices هذا هو ال bond prices the | |
| 271 | |
| 00:23:01,300 --> 00:23:05,740 | |
| next meetingهنحكي على Stock Markets | |