Vol 5 Chapter 99: Blast the national debt market

6.
A very common Arabic numeral.
But I don't know when it started. This number representing the devil has truly become a symbol of the devil in the financial market. It is both frightening and exciting.
Because whenever this number appears in the market at high frequencies, it means that a is shorting.
100.215 sold 6
100.205 sold 6
...
99.895
In the blink of an eye, numerous selling orders emerged on the main contract of the 1992 public debt, densely packed and neatly arranged, and the Reuters screen reflected in it was blood-red.
6.
6.
It's all 6.
Under the impact of the ant colony's general cheats, the 1992 trend of the public debt fell like a waterfall. In just one minute or so, the price fell by more than 400 basic points.
Robin Leigh Pember stared at the trend of public debt on the Reuters screen with a stunned mouth. The huge candlestick on the one-minute trend was like a stick hitting his head.
What is public debt?
Public bonds are bonds issued by the Ministry of Finance on the basis of national credit. They have always been called Phnom Penh bonds by the market. Although market fluctuations are related to interest rates, they never have much fluctuations.
But now, someone is attacking the public debt!
how can that be?
Unless...someone sells public debt on a massive scale.
After staying for a full three seconds, Pembertonton finally realized something. A dry feeling came from his throat. He found that this was a dead end without a solution, but the central bank could only fight back.
"Norman. I'm afraid we're in big trouble, you better look at the bond market right away!"
The bond market?
Norman Lamont didn't realize what it meant for a while, but he was the Chancellor of the Exchequer after all. After a while, his face changed drastically and finally understood.
Without daring to delay any longer, Lamont left the phone and ran towards the market department. Unlike the central bank’s interest rate decision, the securities market and the exchange rate, the issuance of public bonds is led by the Ministry of Finance. If there is a problem, then his finance The minister is miserable.
Royal Bank of Scotland Group.
The temporary hall manager's heart was beating wildly, only to pop out of his mouth.
It's not that the beauty and sexiness of the two customers are too tempting, but the business that the customer has to settle is too big. The redemption of US Treasury bonds worth 800 million pounds, such a large sum of money, is simply beyond his ability to handle.
"Dear guest, please wait a moment. I have notified President Lauderley and he will come down and deal with it immediately."
Conference room on the second floor of the bank.
Lauderley ignored the ongoing meeting, said hello to the executives present, and stood up quickly. A big customer of 800 million pounds at a time is tantamount to the presence of God, how can he neglect.
Soon, Lauderley trot from upstairs to the VIP reception room, looking at the bright and charming Jina and Yulia, his most humble smile appeared on his face.
"Honorable guest. I'm really very sorry that the two of you have been waiting for a long time."
"It's okay. But I hope your bank can move faster."
"Definitely. Customer satisfaction is our highest aim.
"..."
As Lauderley said, Royal Bank Group's professional service literacy is very high, and there is no hope that the business cycle will be extended, nor any other ideas.
A group of seven or eight people verified all the procedures and quickly paid back the US Treasury bonds that Geman had previously mortgaged to the bank.
After the business was done, Yulia Sidorov and Kina Kanowski had no intention of staying, and there were still many places where they needed to continue running.
Praising Lauderley for his courteous service, the two led the team and walked out of the bank lobby under Lauderley's reception.
Cars gradually moved away, and the smile on Lauderley's face gradually faded. An indescribable feeling made him feel that something big must happen.
"Kevin. Check the trend of the national debt and the pound immediately."
Speaking to his subordinates, Laudley hurriedly walked to the second floor conference room again, and Kevin, who was trotting all the way, just arrived.
"Just now the government bond futures market plummeted by 0.5%, and the pound price rebounded once at the opening, and it is now near the 2.7935 fee."
Suddenly, Lauderley's heart was beating rapidly, and in the midst of it, he felt that this would be an opportunity to make a fortune. Then he thought of Lamont's previous call...
"Jason. I want you to establish a sell position of 30 million pounds in public debt and a short position of 100 million pounds in the pound..."
"......"
At the same time, American Wall Street.
A Russian woman in her thirties walked into the Bank of America, accompanied by a few bodyguards. People rely on clothing, but Buddha gold clothing. It can save a lot of trouble in many cases.
At first glance, the dressing of several people was rich or expensive, and the bank hall manager hurried over to greet them.
"Hello, honorable lady! This is Jude Chakinson, the lobby manager of the bank, what can I do for you?"
"Oh. Our company bought about 1.6 billion US dollars of national debt from you before. Now, we need to exchange this national debt, okay?"
"Oh, God. Excuse me, please forgive me for my impoliteness. I'm so excited. Please come with me and we will handle it for you as soon as possible."
"..."
99.875
99.855
99.835
...
99.355
.......
Norman Lamont, at the Market Trading Center of the Ministry of Finance, forgot what to do.
The harsh telephone ringing kept ringing, all of which were sales of public debt from major banks, in units of 100 million, causing the price of public debt to plummet like a waterloo.
How could this be?
Lamont felt like he was immersed in a nightmare. If it weren't a nightmare, how could there be so many public debt selling in the market.
British government bonds, which are Phnom Penh bonds that the whole world agrees on, are favored by individuals, institutions, and even countries for their stable income.
But now, what is going on?
at the same time.
CanaryWharf, OneCanadaSquare.
Everyone on the scene kept sweeping Shen Jiannan's face like looking at a monster, peeping like a peerless beauty ~EbookFREE.me~No, Britain looks like a god, fanatical and fearful.
Regarding this, Shen Jiannan held the phone and chatted with Qina Kanowski like a okay person, confirming that she had arrived at Barak Bank, and there was a mean smile on the face of the servant.
Use the British pound to buy British Treasury bonds, then use the British Treasury bonds to mortgage the U.S. dollars, and then use the U.S. dollars to buy U.S. Treasury bonds to the United Kingdom to mortgage the British pound.
While increasing the leverage, it also locked in the risk, and the borrowed funds will not cause market changes. Now it is enough to give those guys a drink.
"Hey..."
"Shen. Why do I feel your laughter is so harsh, it doesn't sound like a good person."
"Baby. I'm okay, don't you know?"
"Then you wait for our punishment for nothing."
"......"
After hanging up the phone, Shen Jiannan picked up the cigarette on the table and glanced at Yu Zheng in the distance calmly.
Yu Zheng was not very good in the class before, but now he can find the weaknesses of the UK in all kinds of gaps. It is unreasonable for the group of students who are better than him to enter various departments and cannot see these.
Such a good opportunity...
Don't let me down!
China, Shanghai.
Foreign Exchange Management Reserve Bureau.
"Red soldier? Are you really sure?"
"Yes, Director. Sun Tzu said, "The classics are five things, and the school is counted." One is Tao, the second is heaven, the third is earth, the fourth is general, and the fifth is law.
Now, Northern Europe is overwhelmed, southern European lira and pesetas have collapsed, the pound sterling is hard to support, and the Germans are adding fuel to the fire. I believe that the pound will not be able to hold it. "
""