Chapter 107: ,Sales

Kennedy is all looking dumbfounded, and this operation? Constantine is indeed the Prime Minister. He still has this trick!
At this moment, Victor and Nicholas, who were under pressure, also responded, and co-authoring this means that we have decided.
That's all for Victor. After all, there are many capitalists behind the scenes, and the owners have also expressed their support for this national debt. Take it back one point to the west and one point to the west. Selling 10 to 20 million is not a big problem. A third of the share is almost digested internally.
Nicholas has a headache, and the Bulgarian National Bank is superficially looking.
His old customers are finished a few years ago, and new customers have not developed yet. It also has the Achilles heel of state-owned banks, a rigid system, and has fallen behind in competition.
He really can't compare to the Royal Bank when it comes to strength; he can't compare to the United Bank with a large capitalist background when it comes to connections.
This time the three joint sales of 50 million bonds, the most problematic is them. But the two private banks are so supportive of the government. As state-owned banks, they can't come out and hinder them!
At this moment, Kennedy has returned to his thoughts, ready to cut the knife, took out the already prepared contract, and distributed it to the three.
古 Nicholas is in a hurry. If this is evenly distributed, the Bulgarian National Bank will be in trouble. What level of salesman is he under, can he still not know? If the state-owned banks were not supported by the government, relying on them to pull out deposits, it is estimated that mice can be run in the warehouses.
With a flash of nimbus, Nicholas thought of a good way to simply pull people into the water! It is better for the three families to take responsibility together than their own family. It involves so much, and the government will not be held accountable at that time!
He smiled and said, "Since it is a joint undertaking, there is no need to sign the contract separately! I suggest that Mr. Carr take the lead and sign the contract on behalf of our three parties!"
Everyone's face changed slightly, and after thinking about it, they found something wrong. The Bulgarian National Bank is a government-controlled public bank with no possibility of default, which gives Nicholas a face and the two parties sign the contract.
Uh ...
Regarding the failure of the government to issue bonds to the international market, as far as Ferdinand ’s prediction was concerned, in 1893, European countries suffered from economic crises, and the public had no intention to buy bonds and the economic strength to buy bonds.
The government dealt with it in a timely manner, decisively transferred to domestic sales, preserved the country's credibility, and did not give the international capital a chance to rob.
Russia is the least affected by the economic crisis across Europe. I don't know if William II regretted it. The German-Russian covenant was torn up too early, otherwise the Russian market is the best medicine for the German economy.
Of course, Ferdinand was thinking too much. Germany in the economic crisis is beginning the second industrial revolution and will soon be reborn. Then he ran wildly, and the United States, which also carried out the second industrial revolution, successively 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 is now Bulgaria's largest trading partner.
Now selling bonds, Ferdinand once again thought of the bear aristocracy. Don't look at the Russian government's lack of financial resources, but their aristocracy is very rich. As long as a small number of people are interested in bonds, they will not worry about selling.
Uh ...
Bulgarian construction bonds were quickly heated in the country. Newspapers are propagating every day to encourage the people to carry forward the spirit of patriotism and support the nation's construction. Overall, the results were good, especially after Ferdinand took the lead in buying 5 million levs.
Thanks to the substantial increase in the income of the Bulgarian people in recent years, there is still a slight balance in their hands. Deposit bank? The high bank fees in this era are not so cost-effective for small customers. Buying national debt has become a new option!
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 will be gone!
This business is contracted by Royal Bank and United Bank together, and accepts government bond collateral. And it is a full mortgage, which is equivalent to currency, but it is not very convenient for circulation.
There is no way, in the era of the gold standard, Ferdinand would not be able to print banknotes, and could only change currency. As long as Bulgarian government bonds can be freely exchanged for currency in the bank, it will not worry about selling them.
Uh ...
Eileen La is just an ordinary textile mill worker. She works in the development zone and her income is barely bare. Her husband, Wibert, is also a skilled worker in a machine factory, and his income is relatively good.
The wages of two people are added up, and after removing the family expenses, they have a small savings each month. Over time, it is a considerable number for them now. They were originally going to deposit in the bank, but after seeing the interest on the national debt, Irene pulled back again and was planning to go back to Weibo to discuss it!
After dinner ~ EbookFREE.me ~ Eileen La looked for an opportunity to say: "Dear, what do you think of national debt?"
"Treasury bonds, why did you suddenly ask this question? Haven't you always cared about politics and didn't care so much?" Weibot was somewhat surprised by his wife's performance
Eileen La explained: "Dear, this is not the same! This is not politics, it's just a state-building bond !!"
博 Weibo, whose words are not good, nodded. He has not cared about 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 does not know whether it is one or two months. He has not repaired the leave.
Whenever he wants to rest, the supervisor will come to do ideological work for him, and tell him that overtime is only short-term. After working for a while, I have no chance to work overtime! Thinking of the considerable overtime pay, Weibot finally insisted.
Even so, Wibot loves the machine factory, his boss, his supervisor! For nothing else, it is because the wages of the machinery factory are slightly higher than those of other factories, and the supervisor never deducts the wages arbitrarily; even if he is arranged to work a little more, he has never been paid less.
This is enough for Wibott. Compared to his previous work, it is a heaven and a hell. He cherishes this job. Although he is busy, his income is high! Since entering the machine factory, his status at home has improved a lot, always ask him to pay attention to major events!
那个 "Well, I'll go to the factory tomorrow to ask someone and make a decision!" Wibbott thought and said
"Well then, you have to remember! I heard that the interest rate on national debt is very high!" Irene La once again urged
"I see!" Wibbott said wearily.
Uh ...