Ferdinand nodded, he knew the situation, I am afraid it will be even worse than the Ministry of Finance estimated! There was no joy and anger and said, "Well! I know, the royal family will take the lead in buying five million leva, and you will have to figure out the rest yourself!! ”

……

After leaving the palace, Kennedy was in a much better mood, and with the support of Archduke Ferdinand, the first batch of bonds was sold before it was even listed.

With the leading role of the royal family, the capitalists should also express it, and then call on the people to buy, and more than half of the domestic sales can be sold, so the sales pressure will be much smaller.

In fact, the news that the Bulgarian government wants to issue bonds has long since spread. That is, most of the world is still in an economic crisis, which has restrained the energy of many consortia, otherwise they would have sharpened their knives a long time ago.

Kennedy's envisioned scenario did not materialize, and when the Treasury Department sent out the invitation, most banks did not care. Everyone is busy shearing sheep at this time?

Ordinary commercial bonds, how much profit, besides, the current economic situation is not good, who can be sold to? If you pay for it yourself, and you have the funds, why don't you go to the bottom?

There are far fewer banks participating in the competition for agency qualifications than expected, and none of the big international banks have come.

At this time, the Ministry of Finance is embarrassed, although there are more than a dozen banks in name, but if you really talk about strength, the top three are actually local banks, these three are very face-saving, and they are all presidents!!

They were: Karl from the Royal Bulgarian Bank, Viktor Ivanov from the Bulgarian United Bank of Commerce and Industry, and Nikolaas from the Bulgarian National Bank.

There is no doubt that the first two are Ferdinand's properties, except that the first is open and the second is hidden!

In order to show the importance of this tender, Prime Minister Konstantin was also personally present at 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, he could only look to the Minister of Finance, hoping that he could find a way to solve it. Konstantin asked in a low voice, "Kennedy, what now??" Where did these banks come from? I've never heard of it!! ”

Kennedy smiled wryly and said, "Not only have you not heard of it, but I haven't heard of it!" I said it before, who knows why those vampires suddenly didn't come!! Or, instruct the National Bank to come forward?? Let's get through this first, and then let's save the credibility of the government!! ”

Konstantin was silent for a while, and then said fiercely: "Since this is the case, it's like this anyway, there is no need to continue the negotiations, let's just announce our conditions!" Love to do it or not, anyway, I can't count on it! ”

Kennedy gritted his teeth and said, "Okay, that's it!!" If the subscription amount is less than five million leva, all will be eliminated, and Lao Tzu will not wait!! ”

……

Secretary Kennedy, who was in a bad mood, directly grabbed the position of the host and said straight to the point: "Welcome everyone, come to the bidding meeting for the Bulgarian government's treasury bond agency qualification today!"

The relevant information has been sent to you before, so I won't say more! Obtaining the status of an agent is as simple as meeting the following three criteria:

First, the bank acting as an agent for sales shall not be less than 5 million leva in each guaranteed sales amount, and shall pay the bond funds to the Ministry of Finance in advance;

Second, the agency fee, within 5 million, you withdraw 1.5%, 5 million to 10 million, you withdraw 2%, and so on, for every additional 5 million, the handling fee will be increased by 0.5%, and the maximum is capped at 3%;

Third, other aspects shall be implemented in accordance with international practice. If you have any doubts, you will be able to resolve them through negotiation! ”

As soon as Kennedy's words fell, the pot exploded below, where is this negotiation, it has been completely determined, isn't this treating everyone as a monkey?

The guaranteed sales are a little higher, and that's it, this is a big deal, and a few banks can still do it.

The problem is that the rate is too bullying, and the internationally accepted handling fee is around .2.5%. According to Kennedy's requirements, the ladder rate is 30 million leva, and the combined fee is 2.5%.

Of course, the profit is more lucrative, and if it is lower than this number, it will naturally be lost. It is equivalent to clearly telling everyone that if you don't have the strength, don't come.

Now these small banks, even if they want to unite, can't come, and each of them has more than 5 million. If you don't prepare in advance, you eat so much at once, and if something happens, it will be over.

Don't think that the 2.5% commission is very high, you must know that the exchange rate in the 19th century was not low, and after selling it all over the world, it can be exchanged for lev, which is not a low series of operating costs.

This kind of business can only be done by banks, and if other people do it, the exchange rate alone can make you lose money!

"Mr. Kennedy, is it too much for your ministry to have such a condition?? We can't take it!! Could it be that your Bulgarian national debt was originally a joke, in order to amuse everyone?? The representative of Kling Bank couldn't sit still and said mockingly

Kennedy was not angry, and said with a smile: "This gentleman is too worried, isn't the conditions set by our Bulgaria to elect a powerful partner??" If you can't afford it, leave the opportunity to a powerful bank! ”

Listening to Kennedy's words, the representative of the Kling Bank replied angrily: "Hmph! In that case, then we will take our leave! ”

After saying that, he left without knowing his head, and left the table with representatives of several other small banks.

The scene became even more embarrassing, but Kennedy did not regret it, you must know that cooperating with these small banks is very risky, and if you are not careful, you will run away with the money, where can you find it??

Now there are only three Bulgarian banks left, and everyone is an old acquaintance. Konstantin was not afraid of losing face and walked out directly from behind.

"Three, you've all seen it, the outsiders are gone! Now that everyone is an old acquaintance, the next problem will get rid of you!! Konstantin said as he bowed to the three men

Yes, even old Carl is a little dumbfounded, co-authoring is a trick! Before we could say anything, we threw all the 50 million debts to us.

Karl glanced at the other two who were forced to do so, knowing that he still had to go out on his own, and said with a signature smile: "Since Your Excellency the Prime Minister thinks so highly of us, then the three of us will eat it together, and everyone will work together to sell the 50 million bonds!" ”

"Mr. Karl is really arrogant enough, then this batch of debts will be handed over to the three of them!" Konstantin said excitedly