European Emperor Cultivation System

Chapter 173 Issuance of Bonds

When Nathan from Caen heard that there was an assignment, he immediately rushed over happily. It was really torturous for such a big man to look after a four-year-old kid all day long. Li Peijun did not give too many assignments. The specific content is just to ask Nathan to go to Britain to persuade the local nobles to sell the grain in their hands.

"Selling grain? It sounds incredible." Nathan found it strange and normal. The flow of grain in the Middle Ages was not common, and most of it was self-produced and sold.

Li Peijun patted him on the shoulder and encouraged him: "The organization entrusts you with such a major task. You have to work hard. In terms of price, you can pay it at Sol, which is slightly higher than the actual value. As long as you can get things done, pay a little It's worth the price."

Upon hearing this, Nathan thought it was a test from the lord, and immediately became serious, "Don't worry, lord, I will fulfill my mission."

The location of the bank is located at the junction of the new urban area and the old urban area, which happens to be at the intersection of the main road. On the one hand, it is in the middle of the city hall road, and on the other hand, foreign merchants who disembark from the pier can also be in sight. It is clear to find this conspicuous bank.

There are two huge stone Sol standing in front of the bank. Originally, Li Peijun wanted to get two lucky cats to gather treasures, but Christianity believes that cats are unlucky animals. It seems a bit strange to place stone lions. It was a plan, and it would be a waste not to display anything, so I simply put Sol on the table in a philistine manner, and announced it to the world openly.

The name of the bank was written in Norman, French, English, and Latin on the horizontal plaque. In order to prevent common people from being illiterate, Sol was vividly painted on it.

As for the exchange of Norman Sol and British pennies, Li Peijun didn't bother to appoint the Chamber of Commerce to consider the regulations, and directly activated the skill to lock the exchange rate.

"Use skills and unify weights and measures."

This economic skill is also a long-term BUFF. After use, it can automatically balance and estimate the standards of different regions, which is convenient for the ruler to make decisions.

After the system automatically analyzed the metal content of sols and pennies, due to the slightly higher silver content of sols, the system gave an exchange rate ratio of 1:1.05, that is to say, 1 sol can be exchanged in the bank. 1.05 pence.

Li Peijun smiled knowingly, and planned to simply lock the exchange rate at 1:1. On the one hand, the actual exchange rate at the original exchange rate may cause transaction inconvenience due to the small amount of currency; Make a profit.

When issuing public bonds, it is estimated how long the war may last. The first batch of public bonds are short-term loans with a term of three months. In addition to repaying the principal when they mature, Hafleur Bank will also pay 3% interest. It is a good investment deal for the nobles who have spare money on hand.

In terms of the proportion of the entire bank's shares, although the rest of the nobles contributed more than themselves, they only accounted for 49% of the shares. The powerful Chamber of Commerce took the lead and grabbed 40% of the shares. A symbolic participation of 8.5% by the Union of Handicrafts.

The key to the public debt issue is how to convince others to recognize you and willingly take out the Sol in your hand to buy bonds.

As for civilians, Li Peijun doesn’t expect too much. After three meals a day, everyone’s pockets are empty. Even if they have a little spare money, they prefer to go to a casino or a bar to have a good time. The concept of financial management still doesn’t exist in their eyes. things.

Li Peijun locked the main purchasing power groups of public bonds on the giants of the chamber of commerce and the traditional aristocrats. In the early stage, he could only rely on the big shots of various forces to take charge of the publicity. In the end, it could only be the administrative apportionment quota.

In order to make it more presentable, Li Peijun also specially mixed silver, copper and iron to create a soap-sized credit certificate. In order to prevent counterfeiting and anti-theft, he designed the template himself, and engraved the number of roses to indicate the amount. A rose represents an IOU of one hundred soles.

Savings business also does not have time deposits like now. Banks in ancient China need to pay corresponding management fees for depositing money. Hafleur Bank only keeps Sol for you for free. If there is not enough Sol at the time of payment, it will Compensate the corresponding amount of short-term public debt.

"Socia, how much money do you think we can raise?" Li Peijun looked at the empty dinner plate in front of him, and subconsciously withdrew his outstretched hand.

Socia chewed a few mouthfuls, then picked up a bottle of candied fruit on the table and slammed it into her stomach, "Um... Leaving this aside, according to the current municipal planning, after three months, our The fiscal shortfall will be approximately...."

"Wait, don't look at this, be optimistic, life must go on, even if the debt is high, there will be no less white bread every day." Li Peijun didn't want to see the inventory balance plummeting like the ebb tide, After a large round of construction projects were exhausted, there was not much Sol left. Fortunately, the refugee problem has been temporarily alleviated.

"According to the existing data, the reaction of the chamber of commerce to this aspect is polarized. Some people buy aggressively, while others buy in small quantities. The traditional aristocrats are more interested in this kind of novelty. People who buy Quite a lot." Socia swallowed the last bite of white bread and reported the data at hand.

"Those traditional nobles also intended to flatter me by doing this, but it is not easy to take out Sol in their hands for my use. You must know that although these guys have many fields and houses, most of them are living in debt. On the surface, it’s not even as good as an outstanding craftsman in the city, but I’m a little curious about the polarization in the chamber of commerce.”

"Business needs a large amount of liquidity. Some people who don't have such ample money will naturally not buy public bonds. I think those who buy public bonds on a large scale should tend to be conservative, and they may also be older." Suo Thea also followed suit and analyzed the reasons for the polarization of the chamber of commerce.

Li Peijun temporarily put aside the matter at hand, leaned his head and said, "How long have you been in Hafleur, it should be almost two months."

"Yeah, I feel that time flies. I left my home for so long in the blink of an eye, but there is nothing to be attached to there now. I like the life here." Socia replied with her head drooping. .

"I didn't expect to set foot on Britain again, and it would happen in such a short period of time. It's time to end your blood feud." Li Peijun groaned, looking back on his time-traveling career. , I have already embarked on the path of William the Conqueror, but the bumps and obstacles along the way may not necessarily be less.

"Thank you... Thank you. I never thought that a nobleman would go to Britain to conquer Britain for me. I..."

"Stop, stop, stop, who said it's for you? Have you eaten too much white bread recently? Even if you don't show up, it's only a matter of time before you go to Britain." Li Peijun tapped the other party's forehead to remind Sosia Pay attention to your words and actions.

"But seeing your touching speech, I'll make you an afternoon tea today." Li Peijun looked at Socia's slightly flushed eye circles, and immediately succumbed, very sensible and satisfied this guy. appetite.

(End of this chapter)