Chapter 287 - Discussion on the Issuance of Treasury Bonds (2)

Discussion on the issuance of treasury bonds

The word treasury bond is not unfamiliar to most of the people, from the literal interpretation, treasury bonds are bonds issued by the state, which is issued by the central government to investors, promising to pay interest and repay the principal at maturity in a certain period of time.

In view of the current shortage of government development funds and the fact that the people in China have certain deposits in their hands, Hu Xijing and other bankers came up with this plan.

It can not only successfully solve a part of the development funds, but also add a new financial route to the investment options of the people.

However, if you want conservative Ming immigrants to take out their money and invest, I am afraid that there is some difficulty, after all, the word investment has not yet been formed in their minds, and they don't know how to effectively invest funds to obtain higher returns.

It took a lot of effort to get immigrants to put their money in the bank, let alone invest them in an area they didn't know about.

According to the current market response, the people are still relatively trusting in depositing their money in the bank, because they are willing to deposit their money in the bank to earn that meager interest because of the early publicity and interest temptation.

That is, immigrants like the Ming Dynasty have never seen saving money to give interest, and they would be even more surprised if they knew that in later generations, every bank would give various benefits other than interest in order to pull deposits.

Therefore, at present, Manchester City Bank still has a certain degree of creditworthiness, at least the people recognize it. I think that if you keep your money in it, you won't lose money, and you won't lose money.

The issuance of treasury bonds is also implemented to benefit the people, according to Hu Xijing's ideas, with the development of Australia's industry. It can be said that many development projects are basically profitable, and as long as you continue to invest for a year or two, you will definitely bring yourself a lot of income.

Let the people benefit the people and drive some ordinary people to get rich first through development, this is an idea put forward by Hu Xijing, and the idea comes from the later generations of the first rich to lead the later rich.

As for whether it can drive the future wealth, I am afraid that this idea cannot be concluded now, after all, there are not many people who have really driven the future wealth in later generations.

But one thing is certain: the issuance of government bonds is necessary at the moment. Australia's development needs capital, whether it is infrastructure or industry, it needs a lot of money, of course, the development of national debt also has the advantage of attracting foreign capital to enter. This can be seen from the United States in later generations.

Constantly issuing government bonds, allowing developing countries to hold their own national debt and then use the money to improve the welfare conditions of their own residents, build warships, etc.

Therefore, it is absolutely no accident that Hu Xijing proposed the issuance of treasury bonds at the congressional discussion. It was within her plan.

Although the issuance of treasury bonds can bring certain benefits. But to get ordinary people involved in this matter, it is not enough to have the publicity of Manchester City, but also the relevant coordination and help of other government departments.

For example, the Ministry of Immigration and the Ministry of Civil Affairs are the two most influential departments in the minds of immigrants, the former is the most important department that controls the issuance of nationality, and the latter is the department that has the immediate and practical interests, and their words are sometimes even more useful than the mayor.

Hu Xijing needs their influence in the hearts of the people to guide them to invest their money in the enthusiasm of buying government bonds. Of course, how to make them enthusiastically buy this point must be based on practical interests, such as every 100 yuan of treasury bonds purchased. After three years, you can get a high interest of 45 yuan in addition to the principal scripture.

Of course, such a high interest rate The Australian government will not go bankrupt or fall directly into the continuous cycle of treasury bonds, which is not to worry, because in the choice to invest in new projects, Manchester City Bank will go through a yield ratio assessment.

If the proceeds are indeed less than the amount required to pay the interest, then Manchester City Bank will never agree to the state to issue the bond, and the economic benefit is relatively greater than the principal amount will naturally be agreed.

"Councilor Hu, I think you can make a specific plan for coordination, and then your departments will set up a working meeting group to discuss it." Yuan Kejun proposed.

"Well, the Speaker's suggestion is good, after I go back, I will make a plan and then have a meeting with the heads of various departments, and strive to come up with a feasible and specific plan within a week." Hu Xijing, who does things neatly and neatly, is immediately like a rooster with a bloody iron when he talks about his work.

Because it involves Australia's next government project investment and the joint construction of a shipyard with the Dutch and Spaniards, Hu Xijing will say that he will come up with a feasible plan within a week, and if someone else changes, he can't guarantee that he can come up with it within a week.

"Then Parliamentarian Hu, can the issuance of treasury bonds solve the current financial crisis," Wang Dongping then asked, in his opinion, the issuance of treasury bonds can not actually solve the amount of funds that the current Australian town government needs to raise for development, after all, the total population of Australia is there, even if the bank deposits reach a certain percentage, even from their salary income, the total number of deposits in the country will not exceed 100,000.

As for the profit dividends of the traversal, Wang Dongping did not include them, because many of them currently owe bank loans, and there are not many deposits to invest in treasury bonds.

"Hehe, Congressman Wang is worried that I think it is redundant, although the total amount of deposits in the country is not high, not more than 100,000 yuan, but our treasury bonds are not placed in China, but can be placed in the international arena to attract many countries with funds to invest."

In Hu Xijing's eyes, the Netherlands is a good object, she has planned to sell the national debt to the Dutch, so that these wealthy European hillbillies can use their spare money to help Australia develop and build, and at the same time bring them a lot of income, but the premise is to convince these people, but he believes that as long as Yu Bowen is willing, these people will be very persuasive, because the Netherlands has issued similar investments, and in the end the people basically make money.

Therefore, there should be a certain market for Dutch businessmen to buy Australian government bonds, and it is not a beautiful imagination of Hu Xijing but can become a reality. Even if there is no shipyard cooperation project, Hu Xijing is very confident that the shrewd Dutch old man will definitely be able to see the business opportunities here, so he will be very confident in the face of Wang Dongping's doubts. (To be continued......)