Chapter 106: Issue bond 2

Ferdinand nodded, he knew the situation, I'm afraid it would be worse than the Ministry of Finance estimates! No emotion said, "Well! I know, the royal family will take the lead in buying 5 million levs, and the rest is up to you!"
Uh ...
Leaving the palace, Kennedy's mood suddenly improved a lot, with the support of Grand Duke Ferdinand, the first batch of bonds were sold before they were listed.
With the leading role of the royal family, how can capitalists show it and call on the nationals to buy it, and domestic sales can be more than half, then the sales pressure in the future will be much less.
The news that the Bulgarian government wants to issue bonds is now spread. That is to say, most of the world is still in the economic crisis, which has restrained the energy of many consortia, otherwise it would have been sharpened.
Kennedy did not expect the scene to appear. After the invitation letter from the Ministry of Finance was issued, most banks dismissed it. Is everyone busy shearing at this moment?
How much profit do ordinary commercial bonds have, and besides, the current economic situation is not good, who can I sell to? If you own the money to buy, you might as well make a dip?
少 There are far fewer banks participating in the competition for agency qualifications than expected, and no major international bank has even come.
部 The Ministry of Finance is embarrassed at this moment. Although there are more than a dozen banks in name, but if it comes to strength, the top three are actually local banks. These three are very face-saving, and they are all presidents! !!
The differences are: Karl from the Royal Bank of Bulgaria, Victor Ivanov from the Bulgarian Industrial and Commercial Bank, and Nicholas from the Bulgarian National Bank.
The first two are undoubtedly Ferdinand's industries, but the first one is public and the second one is hidden!
In order to show the importance attached to the tender, Prime Minister Constantine also personally came to the scene. He was also dumbfounded, not to mention the bidding, that is, all the banks that came together could eat the first batch of bonds, thank God! !!
In desperation, I can only turn my attention to the Minister of Finance and look forward to his solution. Constantine whispered, "Kennedy, what do you do now? Where did these banks come from? I haven't heard of most of them !!!"
Kennedy said with a wry smile: "Not only have you never heard of it, I haven't heard of it before !!!! It's good to say before, who knows the vampires, why wouldn't they come suddenly !!! Otherwise, let the National Bank come forward What's the matter? Anyway, let's go through this barrier first, let's talk about it, and keep the credibility of the government! "
Constantine was silent for a while, and then said fiercely: "Since this is the case anyway, there is no need to continue the negotiations, let's announce our terms directly! If you don't do it, you can't count on it anyway! "
Kennedy gritted his teeth and said, "Okay, just do this! Those who subscribe for less than 5 million levs will be eliminated, and I will not wait for them!"
Uh ...
部长 Minister Kennedy, who was in a bad mood, grabbed the host's seat directly and said straight away: "Welcome everyone, today to participate in the Bulgarian Government Treasury Agency Qualification Bidding Fair !!
Relevant materials have been sent to you before, I will not say more! To qualify as an agent is as simple as three things:
First, the sales agent's bank must guarantee a minimum sales of at least 5 million levs each time, and pay the debt funds in advance to the Ministry of Finance;
Second, the agency fee, you can withdraw 1.5% within 5 million, 2% withdraw from 5 million to 10 million, and so on, and the commission is increased by 0.5% for each additional 5 million.
(3) In other respects, implementation shall be in accordance with international practice. If in doubt, it should be resolved through consultation between the two parties! "
As soon as Kennedy's words fell, the pan exploded below. It was completely determined where this was going. Isn't this a slapstick for everyone?
Guaranteed sales are a little higher, that's it. This is not a big deal if several banks are united.
The problem is that the rates are too bullying, and the international fees are around 2.5%. According to Kennedy's request, a vertical rate of 30 million levs on behalf of bonds, a combined fee of 2.5%.
If you exceed it, of course, the profits are more abundant. If you lower this number, you will naturally lose. It is tantamount to tell everyone, do not come without strength.
These small banks now, even if they want to be united, they can't come, and each of them is more than 5 million. I did n’t prepare in advance, I ate so much at once, and once something changed, I was finished.
Do not think that the 2.5% handling fee is very high. You must know that the exchange rate in the 19th century is not low. After it is sold in the world, it can be converted into Lev.
This kind of business can only be done by banks. If other people come to do it, the exchange rate alone can make you lose money!
"Mr. Kennedy, did your ministry decide that such conditions are excessive? We cannot accept it! Is your Bulgarian national debt a joke ~ EbookFREE.me ~ for fun?" The representative couldn't sit still and said with a mockery
Kennedy wasn't angry, and said with a smile: "This gentleman is more concerned. Isn't the condition we set in Bulgaria to choose a strong partner? If you can't afford it, leave the opportunity to a strong bank. Well!"
After listening to Kennedy's words, the representative of the Kline Bank replied angrily: "Huh! Since that is the case, then we are leaving!"
After saying that, she would not leave her head, and even took the representatives of several other small banks to leave.
The scene became even more embarrassing, but Kennedy did not regret it. To know that working with these small banks is very risky. If I don't pay attention to the money running, where do I go? ?
Now there are only three local banks in Bulgaria, and everyone is an old acquaintance. Constantine was not afraid of shame, and walked out from behind.
"Three of you, you see it, outsiders are gone! Now that everyone is an old acquaintance, the next question will get rid of you!" Constantine said, and bowed to the three.
Win, even old Karl is a little dumbfounded, co-authoring is a trick! Before we bother to say yes, we throw all of our 50 million bonds into our hands.
Carl glanced at the other two men who were overwhelmed, knowing that he still had to jump on his own, and said with a signature smile: "Since the Prime Minister, we can look down on us so, then the three of us have eaten together. Ten thousand bonds are sold! "
"Mr. Carr is really brave enough, then this debt will be given to three!" Constantine said excitedly