Luzon.

Manila.

The headquarters of the Asian Development Bank is located here, and even though relations between Luzon and America have cooled much in the past two years, the headquarters of the Asian Development Bank still has no idea of relocation.

At this time, the president of the Asian Development Bank, Masatsugu Asakawa, was having a special meeting with the president of the Bank of Manila, Philip Lopez.

Philip put down the coffee in his hand and asked with a smile: "Mr. Asakawa, I won't be polite, I don't know if you are interested in selling Ceylon's foreign debt?" ”

"Nani? Doesn't Mr. Lopez know where it is now? Masatsugu Asakawa asked in surprise.

"I want to take a gamble." Philip replied intently.

"ADB holds a total of 6.7 billion Ceylon external debt ......"

But Philip interrupted the other party: "Add the 10% held by the major consortia of Dongying, let's make a price!" ”

Masatsugu Asakawa narrowed his eyes slightly: "That's 11.9 billion US dollars, if you can take out 11.9 billion US dollars......"

"Does Mr. Asakawa think I'm a fool? Ceylon is bankrupt, and it may not be able to pay it back in the next 10 years, and even the other party may directly rely on it, say a sincere price! Philip looked at each other very bluntly.

Masatsugu Asakawa thought about it, and knew that Ceylon's foreign debt was indeed difficult to collect, and it was too long, and once the exchange rate changed, it would not necessarily be a good thing for the ADB and the major consortia of Dongying.

"I need to discuss it with the board of directors and the debtors of Dongying, and we will reply to Mr. Philip the day after tomorrow."

Philip smiled and shook his head: "It's okay, you guys talk slowly, but my patience is also limited, maybe in a few days, it won't be this price." ”

In this regard, Masatsugu Asakawa only had a professional smirk on his face: "I can't make a decision about this kind of thing, in fact, I also very much hope to cooperate with the Bank of Manila." ”

"Then I'll wait for good news."

Looking at Philip Lopez's fading back, Masatsugu Asakawa put away his smile and a thoughtful look flashed in his eyes.

He couldn't guess the purpose of the Bank of Manila and the Lopez family.

However, since he couldn't figure it out, he didn't continue to drill the horns, but picked up the phone, first called Dongying, and explained the situation to several behind-the-scenes bosses of the Dongying Foundation.

This was followed by a meeting of the ADB's Board of Directors.

ADB's stake is very complex, but it is also very simple, just look at the top three shareholders, which are Dongying 15.6%, America 15.6%, and Huaguo 6.44%.

Therefore, the convening of the board of directors is actually a game between the top three shareholders.

Masatsugu Asakawa, Jim Benjamin, Guo Yujin, plus Lee Guangming from Sing Tao and Park Hyun Chul from South Korea held a video conference.

After listening to Masatsugu Asakawa's words, everyone fell into deep thought.

Jim, who was in San Francisco, picked up his coffee and pretended to taste it, thinking quickly in his heart.

At present, the composition of Ceylon's external debt is ostensibly the largest creditor of ADB, accounting for 13%, followed by 10% of Dongying Consortium, 10% of Bank of China, 9% of the World Bank, 2% of Tianzhu, and 9% of other countries.

The remaining 47% is sovereign foreign debt, which is basically held by European and American financial institutions, of which Wall Street financial groups account for about 26%, followed by 11% of British financial institutions, 6% of French financial institutions, and the remaining 4% is divided among other small financial institutions in Europe.

Ceylon's core external debt is, in fact, the 47 per cent of sovereign foreign debt, because this part is real usury.

Jim was well aware of Ceylon's foreign debt problem, and he put down his coffee: "The Bank of Manila wants to buy these foreign debts at a low price?" I need to think about it, what do you think? ”

Masatsugu Asakawa smiled and replied, "We also need to think about it for a while. ”

ADB was originally a special product of Amerika with the help of Dongying's skin in the Asian region, as a dog's leg, Asakawa Masatsugu knows his position very well, everything is just the master's task.

Now that Jim didn't make a decision, he naturally wouldn't take a stand.

The directors of Sing Tao and South Korea are also ambiguous.

In this regard, Guo Yujin can only follow the trend and wait and see what happens.

At the same time as the ADB Board of Directors' video conference.

As Ceylon declared bankruptcy, financial institutions holding Ceylon's sovereign foreign debt are now also in a bit of a hurry.

Although state-level bankruptcy is not the same as enterprise bankruptcy, there is no way to carry out bankruptcy liquidation, but after entering the state of bankruptcy protection, it also means that the debt is frozen.

The so-called debt freeze means that the money is not paid back now, and when there is money, then consider repaying the money.

The international financial institutions have to make money, and if Ceylon goes bankrupt for a long time, it means that the debt will be unrepaid for a long time, or even become a bad debt.

Now these financial institutions are faced with two choices.

Recently, the Bank of Manila is buying Ceylon's sovereign foreign debt at a low price in the international financial market, which can be sold to the Bank of Manila.

The other option is to continue to hold on and wait for Ceylon to be released from bankruptcy.

However, on October 15, the secret escape of the brothers Ma Xing and Sia from Dubai further caused confusion in Ceylon.

Immediately afterwards, the Solomon family and the Puda family attacked each other, and a fierce battle broke out, and finally several people from the Puda family fled to the Maple Leaf Country in a hurry.

And the family of Solomon, who won the victory, also suffered heavy losses at this time.

Several of the Solomon's family members died tragically in this turmoil, leaving only a 19-year-old daughter of the head of the house, who married the newly rising supernova of the Eastern Province, Dis Jammit, through a flash marriage.

On the surface, Diess seems to have become a puppet supported by the Solomon family, but in fact he is the big crocodile who is really anti-guest.

In order to secure his position, Diess continued to maintain bankruptcy protection, and then announced the relocation of the capital, moving the capital from Colombo to Gem City in the inland Central Province.

This series of comical operations made the outside world directly confused.

But something more troublesome "appeared", the food reserves in Ceylon were almost exhausted, and there was a shortage of gas, fuel, daily necessities, and medical supplies.

Dees directly played the scoundrel and announced the extension of the bankruptcy status until 2030.

As soon as the news came out.

The financial institutions that hold Ceylon's sovereign foreign debt vomit blood, and the purchase price of the Bank of Manila has also been lowered to about 20% of the original price.

That is, 25 billion US dollars of Ceylon's sovereign foreign debt, and the Bank of Manila is only willing to pay 5 billion US dollars to buy it.

Although many of Ceylon's external debts held by institutions such as the AIIB, the World Bank, Dongying and the Bank of China are low-interest or even interest-free loans, if Ceylon does not repay it for a long time, it will also affect its performance.

It's a pity that now Dis is a dead pig who is not afraid of boiling water, and he looks like you can do whatever you like, and there is no money anyway.

This has led the Bank of Manila to continue to lower the purchase price of Ceylon's sovereign foreign debt.

Many financial institutions that felt that they could not survive still reluctantly cut their flesh and left the market.

But Philip, who is the head of the Bank of Manila, knows very well that most of the institutions that are now cutting off the market are small financial institutions.

At present, the Bank of Manila has acquired only 7.6% of its sovereign external debt.

Wall Street Financial Group, Financial Institutions Britannia, and BNP Paribas have all chosen to hold on, and it is clear that there are those who do not want the Bank of Manila to take the lead in Ceylon's foreign debt.

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(End of chapter)