When Li Mu got the telegram from Qin Guo, Li Mu was not at all excited. In his opinion, if Zhao Guo wants to build his own air force. It needs to spend more money, and financially, there is not much money at all. For Li Mu, this is a burden, a heavy burden.

Although the finances can be solved through the issuance of bonds by Qin State, the issue of bonds will take a while, but the Zhao State Air Force will have to carry it out, and there will be some expenses for the soldiers on the expedition. These things are relatively heavy to spend. When Li Mu thought of this, he leaned back. He didn't know how to solve the financial problem. Money is not easy, but money is easy.

The streets of Xianyang, Qin State.

"The prime minister's residence of Qin State is about to issue government bonds again. This time it is public utility bonds. I heard that this kind of bonds will need to build a lot of things." A Qin member said in the restaurant with a newspaper in his hand.

"Is the issue big?" another Qin countryman asked. This Qin national was holding chopsticks in his hand.

"Big. Very big," said Qin Guoren, who was holding the newspaper.

"Question, what does this have to do with us?" Qin Guoren with chopsticks said at this time.

"It doesn't matter." The Qin countryman waved the newspaper in his hand and said.

"Think about it." The Qin countryman continued.

"What's the current interest rate?" said the Qin countryman.

"It's true, there are banks, it's really not as much interest as before." Qin Guoren, who was holding the chopsticks, put down the chopsticks and said.

"Yeah. Brother. So, now I have to manage my family assets. With such a small interest rate, what should we do? National debt is higher than interest. If we buy national debt, we can get more, and we will save it for a fixed period of time." Speaking, the Qin countryman put down the newspaper in his hand and said.

"That's right." After such a comparison. That Qin countryman felt that what the other party said made sense. Think about it, it's the same reason. The current bank interest is very low. If Qin Guoren deposits in the bank, the interest will be much less. In contrast, the return on the national debt will be higher than the interest. In this situation Under the circumstances, people’s willingness to buy treasury bonds is greater than to deposit them in banks.

"How much do you plan to buy?" The Qin countryman asked at this moment, picking up the wine bottle and filling the other party with wine.

"En. I probably bought one thousand to two thousand, maybe. Maybe there are other bonds. Do you think it is?" The Qin countryman raised the wine glass in his hand and said.

"En. If that's the case, I want to buy some too. I just don't know where they can be sold." Qin Guoren asked.

"Banks, banks have them. Now the bonds are directly underwritten by banks. We only need to buy them from banks." Hear this answer. Guoren Qin nodded. Now that he had such an answer, Guoren Qin decided to buy the national debt.

Inside Qin State Bank.

"The bank's interest rate is too low." A lady Qin Guo complained that the interest rate offered by Qin Guo's bank was too low.

"I'm sorry, this is something our bank cannot do. We also want to give you more interest. However, this is the bank. We must abide by the order of the Qin government. They want to drop more interest." A Qin State Bank manager explained.

"En. Okay. I think it's better for me to save it regularly." The lady decided at this time.

"Madam, I think you can buy some national bonds. The government is currently issuing a public utility bond. This kind of bond is one percentage point higher than the bank's interest rate. I think you should think about it." The bank manager continued. Speaking of.

"National bonds, I don't want to buy bonds, my husband does not agree to buy bonds." The lady Qin Guo shook her head and refused.

"No, ma'am, I think I should think about it. The current bank interest rate is very low, and there is a possibility of lowering it in the future. If you don't want your funds to be severely impacted, I think you should buy a portion of bonds. In this way, Your profit can keep that part of the future profit." The manager said at this time.

"I bought it, but the bond was as high as the bank back then," the lady said.

"Madam, I think you should think about it. There is still a lot of room for lower interest rates in banks. Government bonds are the only way to avoid such an impact. I think you should buy some, which will be of great benefit to you. . It’s true.” said the manager.

"En." The lady thought at this time. The manager took a step back and gave the other party a chance to fully consider.

"I want to ask a question." The lady asked at this moment.

"Excuse me," the manager asked.

"How many people buy this kind of bonds?" The lady didn't know how to solve the current problem. For bonds, Qin Guoren had also bought bonds before, but at that time, there was not much difference between the interest on deposits and the return on state bonds. Therefore, people who buy bonds save more than those who save money, because buying bonds needs to be sold before they can be disguised. Sometimes, because there are too many bonds, the price yield is much lower. Therefore, buying bonds at that time is a loss. It is really because of this. Therefore, the lady is more sensitive to the matter of buying bonds. However, the current situation has changed a lot.

The interest rate on bank deposits has been reduced a lot. As a result, there is a certain percentage difference between the interest rate on national bonds and bank deposits. Under such circumstances, buying bonds is relatively cost-effective. The decrease in interest on bank deposits has forced some housewives to consider their family income.

"Many. Today, more than 120 customers have bought bonds." The manager said.

"En. Okay, so is there a short-term bond? For example, three months, or half a year. I don't want to leave it for a long time." The lady explained by waving her arms.

"No problem. We have. Although the government is unwilling to do this, we still have such bonds for sale." said the manager.

"En. That's good, I want to buy half a year. Yes, it is half a year." The lady decided with excitement. The manager nodded slightly. There are three types of Qin Guo bonds on the market with one-year, three-year, and five-year maturities. There is no half-year period at all, but the bank has noticed the initial tentative psychology of the people buying bonds, so they have made some adjustments in disguise. Then sell some bonds with a maturity of six months, so that the people can accept it, and their income will not decrease much.

Small-scale meeting of Qin State Bank Alliance.

"Recently, there are a lot of people who have borrowed, and our bank has expanded a lot and banks and branches. Our funds may be exhausted in the future." A banker from Qin Guo with long eyebrows said this issue with concern.

"That's right." A tea banker put down his teacup and said.

“In the past, we were able to make up for the funding gap by absorbing deposits, but recently, fewer and fewer people are depositing. Also, there are public utility bonds issued by the government recently. Companies with loans have begun to increase, but , The funds in our hands are getting less and less. If this continues, the impact on us will become even greater." A banker in his thirties shook his head and said.

"Yes, a shortfall in bank funds will appear in the near future, the banker who was drinking tea said at this time.

"In addition, the government recently issued market bonds. If this happens, the funds in the market will be reduced a lot, and there will be no new supplements. This way, the impact on us will be great. The stock market has already done so. After a violent reaction, should we think of ways to improve the current situation." The banker in his 30s suggested.

"How to change?" asked the banker drinking tea.

"En. We can collect funds by issuing bonds. Think about it. The government can issue bonds, and so can we." said the thirty-something banker at this time.

Hearing this, everyone looked at each other.

"Or, we can invest in the stock market, we also have some relationship with the stock market, think about it, if we underwrite part of the stocks, there are bonds, this kind of income, plus the funds we collect, I think these problems are also It can be solved." The banker continued. Everyone present was watching the amazing words of the banker. As for what they think in their hearts, the bankers seem to be inspired to some extent.

In the palace of the prime minister of Qin State.

“The sales of Qin’s bonds are much better than any previous bond sales. Although the purchasers seem to be not very enthusiastic. However, there are too many bonds issued this time. If you make a comparison, I think, We are much better than ever before." Meng Yi said to Shangwen.

"En." Shang Wen nodded.

"In this way, the bank's situation is not good." Shang Wen said.

"En. Maybe it is." Meng Yi replied.

"No, maybe, yes." Shang Wen said.

"The funds of the people who buy bonds are in our hands, while the number of people who deposit is much less. In this way, the bank's funds are supplemented by less and used more. If the liquidity goes wrong in a certain link, Think about it, what should we do?" Shang Wen asked such a question.

"This." Meng Yi didn't know how to solve this solution.

"The cost of banks will be much higher, but how do we solve their funding problems, we must know that the current amount of funds will do this." Meng Yi said.

"So, let them change their methods, let them set up venture capital companies, and funds, let them participate in the stock market, futures markets, and find ways to speed up the return of capital, etc., and we give them instructions , Let them do the specific things by themselves." Shang Wen said to Meng Yi.