Chapter 107： ,Sales

Kennedy was dumbfounded. Is there such an operation? Mr. Constantine deserves to be the Prime Minister, he has this trick!

At this moment, Victor and Nicholas, who are being forced, also reacted, co-authoring this represents our decision.

That's it for Victor, anyway, there are many capitalists behind the scenes, and the owners also expressed their support for the national debt. Take it back, the sales of ten to twenty million are not a big problem, and one-third of the share is almost absorbed internally.

Nicholas has a headache, and the National Bank of Bulgaria also looks profound on the surface and has a good title.

His old customers died a few years ago, and new customers have not yet developed. It also has the Achilles' heel of state-owned banks, and the system is rigid and has fallen into a disadvantage in the competition.

When it comes to strength, he can't compare with Royal Bank; when it comes to connections, he can't compare with Union Bank, which has a large number of capitalist backgrounds.

This time the three companies jointly sold 50 million bonds, the most problematic is them. But the two private banks have been so hard to support the government. As state-owned banks, they can't come out and drag their feet!

At this moment, Kennedy also recovered, prepared to cut the mess with a sharp knife, took out the already prepared contract, and divided it among the three.

Nicholas is in a hurry. If this is evenly distributed, the National Bank of Bulgaria will be in trouble. What is the level of the salesman under his hand, can he still not know? If it weren't for the government's support for state-owned banks, and relying on them to go out to pull deposits, it is estimated that rats would run out of the warehouse.

In a flash of inspiration, Nicholas thought of a good way, so he could simply pull someone into the water! It is better for the three families to take the responsibility together than their own family. With such a big involvement, the government will not be able to hold accountable at that time!

said with a smile: "Since it is a joint undertaking, there is no need to sign separately! I suggest that Mr. Carl take the lead and sign the contract on behalf of our three parties!"

Everyone's complexion changed slightly, and after thinking about it, they found something wrong. The National Bank of Bulgaria is a public bank fully controlled by the government, and the possibility of default is completely zero, which gave Nicholas a face and the two parties signed the contract.

……

The failure of the government to issue bonds to the international market was as early as Ferdinand's expectation. In 1893, European countries were suffering from an economic crisis. The people had neither the intention to buy bonds nor the economic strength to buy bonds.

The government handled it in a timely manner, and decisively transferred it to domestic sales, which preserved the country’s credibility and did not give international capital a chance to take advantage of the fire.

Russia is the least affected by the economic crisis in Europe. I don't know if William II regrets that he tore up the German-Russian covenant too early, otherwise the Russian market is the best medicine for the German economy.

Of course, Ferdinand thinks too much. Germany in the economic crisis is starting the second industrial revolution and will soon be born again. Then they ran wildly, and the United States, which also carried out the second industrial revolution, surpassed the British Empire.

But now the Russian market has become a good medicine for the Bulgarian economy. Since the alliance between Russia and Bulgaria, the trade volume between the two countries has continued to expand, and it is now Bulgaria's largest trading partner.

Now that he wants to sell bonds, Ferdinand once again thought of the bear nobility. Don't look at the financial resources of the Russian government, but their nobles are very wealthy. As long as a small number of people are interested in debt securities, they will not worry about selling them.

……

Bulgaria construction bonds were quickly heated up in the country. Propaganda is being carried out in the newspapers every day to encourage the people to carry forward the spirit of patriotism and support national construction. Overall, the effect is not bad, especially after Ferdinand took the lead in buying five million levs.

Thanks to the substantial increase in the income of the Bulgarian people in recent years, there is still a little surplus in hand. Deposit bank? In this era, the bank's high handling fees are not so cost-effective for small customers. Buying national debt has become a new choice!

In order to increase the gold content of the national debt, Ferdinand also announced that the national debt can be used to pay taxes, but the interest that is not due is gone!

This business is undertaken by Royal Bank and Union Bank together, accepting national debt collateral. And it is a full mortgage, which is equivalent to currency, but circulation is not very convenient.

There is no way. In the era of the gold standard, Ferdinand couldn’t even print money. He could only issue currency in a different direction. As long as Bulgarian national debt can be freely exchanged for currency in the bank, there is no need to worry about selling it.

……

Ailinla is just an ordinary textile factory worker, working in the development zone, the income is barely enough. Her husband Weibo is also a skilled worker in a machinery factory, and his income is relatively good.

The wages of the two people are added together, and after excluding the expenses of the family, there is a small savings every month. After accumulating time and time, it is already a considerable number for them. They were originally going to deposit in the bank, but after seeing the interest on the national debt, Irene was tempted again, and was going to go back to discuss with Weibo!

After dinner, UU reads www.uukānshu. com Irene looked for an opportunity to speak: "My dear, what do you think of the national debt?"

"National debt, why did you suddenly ask this question? Haven't you always been concerned about politics, don't you care about it?" Weibot was a little surprised by his wife's performance

Irenela explained: "My dear, this is different! This is not politics, it's just a national construction bond!!"

Weibo, who is not good at words, nodded. He hasn't cared about the news for a long time. In recent months, the machinery factory has always had unfinished orders. He has to work hard every day, and he doesn't know if it's a month or two. He hasn't repaired the leave.

Whenever he wants to take a break, the supervisor will come over to do ideological work for him, telling him that overtime is only a short-term, and after this period of work, there is no chance for him to work overtime! Thinking of the considerable overtime pay, Weibot finally persisted.

Even so, Weibot still loves the machinery factory, his boss, and his supervisor! For nothing else, because the wages of the machinery factory are slightly higher than those of other factories, and the supervisor never deducts wages casually; even if he is arranged to work more overtime, he has never been paid less overtime.

These are enough for Weibot, compared to his previous work, it is a heaven and a hell. He cherishes this job very much. Although he is a bit busy, his income is high! Since entering the machinery factory, his status at home has improved a lot, and he should always ask him to pay attention to major events!

"Well, I will go to the factory tomorrow to find someone to ask, and then make a decision!" Weiboth thought for a while and said

"Well, you have to remember! I heard that the interest rate on national debt is very high!" Irene urged again

"Got it!" Weibo said tiredly

……