Take Off My Aviation Era

"The bond market?"

　　 Hearing this word, Liszt's first reaction was stunned, when did China have a bond market? This piece of land hasn’t even figured out what the market economy is, the financial system has not yet been opened up, and capital is not even a bud. There is a bond market?

　　I am devoted to capital and specializing in China, why don’t I know?

　　 So he changed his phone and asked, "When will a bond market be established in China? Ascendas Group did they issue corporate bonds?"

Corporate debt is very common in the United States. If Ascendas Group has issued this kind of bonds, Liszt really doesn’t worry about it. Investing in corporate debt is an entry level in the eyes of capital traders. Ascendas Group really wants to do this, Li Si A special backhand can become the biggest creditor of Ascendas Group and other companies, and it will be easier to put a noose directly on the neck of these companies.

　　 But while he was thinking about it, the person on the phone said a word that made him more puzzling: "Not corporate bonds, but national bonds..."

　　 "National debt?"

　　 "Yes, have you heard of Treasury bills?"

　　……

How long has Liszt been to China? Although in a short period of time, he has established a good relationship with China’s domestic corporate, economic, intellectual, and even political circles, accumulated a lot of contacts, and made several deals including McDonnell Douglas Investment. Big business, self-proclaimed as a Chinese economic expert in the American business community.

　　 But Liszt’s understanding of China is only a superficial level, and then he was fooled by a few stinking public knowers, and he felt that China’s domestic situation was nothing but this, and it was entirely possible to apply American business logic to think.

　　 But how does he know the complexity of Chinese society, the inherent logic of the gene of unification in China's two thousand years of history, and of course he doesn't even know what a Treasury bill is.

　　 However, Liszt did not know, but Zhuang Jianye knew that there were two major problems at the grassroots level in the 1980s. The first was family planning, and the second was the underwriting of Treasury bills.

　　 Ascendas Group's implementation of family planning in these years is really not very good. Almost every year it is the tail of the crane in this field of ministries and commissions, so that every year, Zhuang Jianye has to review at the family planning conference of ministries and commissions.

　　 There is no way. Ascendas Group has implemented this aspect too poorly. It is not enough for the front-line employees to perform poorly in eugenics and education. The group leadership is also like this. It is strange that the leadership of the ministries and commissions in this area does not go wild.

As for who it is, I have to ask, except for the sportsman Peng Chuan, there is no one else. Yes, at the beginning of this year, the third child of this guy was finally born. Fortunately, this time I was a leader. Otherwise, Zhuang Jianye estimates that with Peng Chuan's urinary sex, he can continue his great career of creating people.

　　 The mess that can be left is not small. The ministries and committees haven't had advanced family planning units for several years. They could still fight for it this year. This is good. Peng Chuan committed the crime against the wind, and the thunder and anger can be imagined.

　　Revocation of party positions, severe warnings, and penalties in accordance with the highest standards...

After the severely worded departure notice, Peng Chuan only smiled. Regardless of the seriousness mentioned above, it actually did not affect Peng Chuan much, because his position as deputy general manager and chief engineer of professional equipment of Ascendas Group is still there. , This is Peng Chuan's biggest capital.

As for fines, for so many years, according to the distribution mechanism of Ascendas Group, this product has achieved financial freedom. Not to mention the top tens of thousands of dollars, it is multiplied by two. This product will not frown, compared to home. My baby son is painful.

　　 The ministries and commissions can’t do anything, don’t punish them. Where are other enterprises looking at them, and what should they do if others follow the prescriptions? The team is not easy to bring.

But the fine is too heavy, because Peng Chuan is now a well-known expert in the development of professional aerospace equipment in China. The professional equipment he has in his hands has always been a good thing for the aerospace department and some high-end aviation factories to rush to buy. He is also a young academic leader who has high hopes from the ministries and commissions, and he is also looking forward to the realization of complete equipment import substitution in the future. How could the penalty be too heavy.

　　 Therefore, I can only lift the board high and gently fall according to Peng Chuan's actual situation.

　　 But Guozhuang Jianye still has to recite, after all, poor implementation is inevitable, it is the responsibility of the leadership, so this year's family planning summary meeting, this review will not escape.

However, compared with the messy implementation of family planning, Ascendas Group underwrites treasury bills in a different way. You must know that before the reform of the treasury bills, this thing is not circulated and non-transferable. In other words, you can only take the treasury bills and wait for stability. At maturity, principal and interest are collected.

　　 Generally speaking, it is an alternative term passbook.

　　 It’s okay if it’s a few decades later. It doesn’t matter if the family’s spare money is saved regularly. But in the 1980s, the individual's salary was only 30 or 50 yuan, and the family didn’t even have enough food. Where can I go?

　　 As a result, it had to underwrite the treasury bills, and just spread five yuan or ten yuan on the salary. The wage earners have the desire to cry. This thing is not for money and cannot be traded. What use is it at home? And a stall costs five or ten yuan. You must know that in many cases these five or ten yuan can make a large family eat several meals.

　　 So the underwriting of treasury bills has become something more difficult to implement than family planning, because if you want to be rich, you must first build roads, have fewer children, and have more trees. People understand that you can’t understand if you directly deduct money.

　　 Even if the higher-level ministries and commissions set up a super committee covering more than ten functional departments to implement this matter, the effect is very bad.

　　So that in some places, the completion of the underwriting of the treasury bills of the year will be regarded as a political achievement. Not only can it be reported to be awarded by the superior, but it can also be praised by the media.

As early as the twenty-third branch of the plant, Ascendas Group enjoyed this treatment year after year, because the treasury bills that were amortized to them every year were over-fulfilled. Not only that, even if the higher level amortizes more, Ascendas Group still swallows it without frowning. , There is a posture of eating as much as you want.

　　 is the employee patriotic treasury bill of Ascendas Group?

　　Of course not. In contrast, they prefer cash. Ascendas Group pays cadres and employees all the way through. It has never amortized a Treasury bill for so many years.

　　Where did all these treasury bills go?

　　, of course, was taken as an asset by the Ascendas Group.

　　 Not only that, in recent years, Ascendas Group, if it has the ability, will also help other companies or factories to collect treasury bills in the form of subsidies.

　　 It’s just that this part cannot be purchased at the original price, and it is generally returned at a 30% to 20% discount on the paper price.

　　 But even so~www.readwn.com~ companies and localities are still happy to take away these improper money bills. Isn't it fragrant in exchange for real gold?

　　 As for the shortfalls on the books, it is nothing for these state-owned enterprises and localities, and they can be filled in quickly.

In this way, the face value of the Treasury bills accumulated by Ascendas Group over the years reached 460 million yuan, and the actual cost was only 320 million yuan. However, in 1988, after the state introduced new treasury bill management measures, the price of treasury bills allowed to be traded soared. According to the latest prices in the Treasury Bond Exchange Markets in Shanghai and Panyu, the value of these treasury bonds held by Ascendas Group has soared to 680 million yuan.

　　 And this is only the first batch. The treasury bills purchased by various supporting factories are still being raised rapidly, let alone the scale of 400 million yuan.

　　 Two superimposed, one billion cash flow came out.

　　 So Zhuang Jianye waved his hand, and the Treasury bill transaction of the Ascendas system was officially opened and released. Looking at the soaring numbers in the book, Zhuang Jianye could only sigh helplessly. This capital, who can't play it.