Chapter 112: Pouring Treasury Bills

Meng Songhai is doing a good job in the jade business in Ruili, why did he go to the magic capital?

The answer to this question is simple, he wants to make more money.

Before leaving Ruili, Meng Songhai received a call from his second sister Meng Anli from the capital, and learned that some time ago, the People's Bank of China and the Ministry of Finance jointly submitted to the State Council the "Report on the Request for Instructions on the Pilot Implementation Plan for the Opening of the Treasury Bill Transfer Market", which had been approved by the State Council, and issued a notice to the relevant departments on matters related to the pilot work.

The reason why Meng Anli told Meng Songhai about this was because during the Spring Festival, Meng Songhai specially bought some treasury bills and talked about treasury bills with Meng Anli.

After Meng Anli gave birth, she stayed in the hospital for more than a week, and the day after Meng Songhai left the capital with Lu Xinya, Meng Anli was discharged with her newborn baby, she did not go home to live, but moved to her parents' house.

Guo Jingfeng has gone through the procedures for early retirement, and Meng Anli and her husband Jiang Weiguo both feel that she can be better taken care of by moving back to her parents' home.

Since giving birth to her child, Meng Anli does not want to go back to work in the bank, but she has not gone through the resignation procedures for a long time.

When she read the news in the newspaper about the pilot project of opening up the treasury bill transfer market, she made a phone call to a colleague at the bank to inquire about more details.

The cost of long-distance calls is not cheap, in order to save money, Meng Anli did not tell Meng Songhai all the information she knew, she thought for a while, and after making a summary, she called Meng Songhai.

Meng Songhai learned from the mouth of the second sister. A few days later, on April 21, the treasury bill trading markets in seven cities, including Modu and Shencheng, opened at the same time; The first batch of Treasury bills allowed to be listed was limited to Treasury bills issued to individuals in 1985 and 1986; Individuals are free to buy and sell Treasury bills.

Meng Songhai was very happy to hear these news, he didn't patronize the joy, he had long thought that this day would come. He said what he had thought about in his heart, that is, to sift through the relatives of his own family, as well as the relatives of the eldest sister-in-law's family, the relatives of the eldest brother-in-law's family, and the relatives of the second brother-in-law's family, among these relatives, select some people who are trustworthy, but whose work is not particularly good, and persuade these people to resign and go to the sea and follow him to do business. Let's start with the inverted Treasury bill business.

Meng Anli thinks that the inverted treasury bills can make money, but how much money can be made, then she doesn't know, but she supports Meng Songhai's idea, even if the inverted treasury bill business can't make money, after these relatives resigned, Meng Songhai still has suitable jobs to provide them, after all, Meng Songhai's three companies controlled by Jingdong Electric, IKEA and Taiping Logistics have all opened for business. As far as she knows, they are all developing well.

If it is not for the support of Mon Anli. Meng Songhai wanted to find more relatives to help him in the business of dumping treasury bills, which was really not easy to do.

After some persuasion by Meng Anli, her parents supported Meng Songhai's idea, and with them coming forward, it would be much easier to find someone.

……

Meng Songhai and Mao Zhenyang left Ruili by long-distance bus, and more than ten hours later. Arrived at Chuncheng, the capital of Yundian Province, got off the bus, and went straight to the restaurant run by Lu Xinchun.

After seeing Lu Xinchun, after a few words of greeting, Meng Songhai ordered four dishes. Feasted.

That night, Meng Songhai and Mao Zhenyang stayed at a nearby hotel for one night.

The next morning, the two boarded a flight to the magic capital.

In this era, it is not easy to travel by plane, for many people, air tickets are too expensive, and not everyone can buy plane tickets, and a letter of introduction is required.

Meng Songhai and Mao Zhenyang were able to buy plane tickets, thanks to Lu Xinchun's husband's younger brother, who works at the airport.

A total of seven relatives were found to help Meng Songhai pour treasury bills, these people arrived in the magic capital one day earlier than Meng Songhai, and after they arrived in the magic capital, they made a phone call to Lu Xinchun's restaurant, told Lu Xinchun their contact address, and asked the other party to tell Meng Songhai.

After Meng Songhai and Mao Zhenyang arrived in the magic capital, they followed the address and met the seven relatives who came to the magic capital to help Meng Songhai pour treasury bills.

On the third day of Meng Songhai's arrival in the magic capital, on April 21, before the bank opened, he brought eight people to the bank.

After the bank opened, Meng Songhai inquired and learned that the price of the 100 yuan treasury bills issued in 1983 was 108 yuan, and after he calculated, the result was that he ate according to the spot, and after expiration, he made a net profit of 37 yuan for every 100 yuan, which was far higher than the interest on the bank's savings, and he did not hesitate to spend 216,000 yuan to eat the 200,000 yuan of treasury bills.

More than two hours later, Meng Songhai's treasury bills in his hand had not yet been warmed up, and the price of the 100 yuan treasury bills had risen to 4 yuan.

Meng Songhai's five relatives were a little surprised to see that in just over two hours, Meng Songhai earned 8,000 yuan, while Mao Zhenyang was completely different, not only was he surprised, but he felt that it was not cost-effective.

Mao Zhenyang has long seen Meng Songhai's ability to make money, spend 30,000 yuan to buy a gambling stone, cut it, sell it for 50,000 or 60,000 yuan, this is a very common thing, he has estimated that Meng Songhai is in Ruili, and earning 30,000 yuan a day is considered less.

Meng Songhai came to the magic capital, it took a long time on the way, he took more than 200,000 yuan as the capital, bought and sold treasury bills, more than two hours, earned 8,000 yuan, if he made 8,000 yuan every day in the future, he would also feel that this business was not cost-effective, but he still chose to come to the magic capital, and set foot in the treasury bill trading business.

Meng Songhai was not going to stay in the magic capital for a long time, he planned to divide the seven relatives into three rents, one of them in one group as the logistics group, stay in the magic capital, rent a house near the bank, and install a telephone, and pay attention to the purchase price of treasury bills every day, and the other six people were divided into two groups of three people each, and these two groups were the action group.

The job of the members of the action group is to go to other places to buy treasury bills, as long as the treasury bills in other places are cheaper than those in the magic capital, they will buy them in large quantities and transport them to the magic capital for sale...... Meng Songhai felt that the latter was almost unlikely.

In Meng Songhai's memory, Yang Million, a native of the Demon Capital, relied on the difference in the price of treasury bills between the two places, and constantly bought treasury bills from other cities and shipped them to the magic capital for sale, thus obtaining huge profits.

The members of the logistics group and the members of the action group are not static, after all, it is a very tiring thing to take a long-distance train often, and the members of the action group are tired and want to rest for a few days, so they can stay in the magic capital.

For example, a Treasury bill priced at 100 yuan in Yangcheng will be purchased at a price of 102 yuan in Modu, so there is a price difference of 2 yuan.

Many people will think that the difference of 2 yuan is very small, in fact, in fact, among the seven open cities, the three towns are the closest to the magic capital, and it is enough to go back and forth for three or four days, and it is enough to calculate it in three and five days, and you can get 2% of the profit once you turn it back, and you can make several times the profit if you roll it 100 times a year.

Once to get 2% of the profit, the profit of two times is not 4%, but 4.04% of the profit, the calculation method is 1.02 * 1.02 = 1.0404, there is a rolling profit.

Pouring treasury bills requires various costs, such as labor costs, hiring relatives to do things, not only to give money, but also to give more, as well as running in two places, eating and living in restaurants, and taking a car all need to spend money, but Meng Songhai feels that as long as the capital is large enough, compared with profits, the cost will not be very high, and he believes that in the next year, he will be able to get a lot of profits by reversing treasury bills. (To be continued.) )