Chain Reaction is not a big bank. Its business is basically concentrated on this planet, and it has just begun to try to expand to other galaxies. In their own words, the extragalactic business is developing at a rapid pace, with a growth rate that far exceeds that of several major banks. Although this is true, it is quite watery. The reason why the extragalactic business achieved 100% growth is that it increased from one outlet to two.
Chu Jungui doesn't care whether their extragalactic business is big or small, as long as they have it. Having business, even if it only has one branch, means that this bank is qualified to conduct transactions in the inter-sector inter-bank system of the entire federation.
This time, Chu Jungui was greeted by a senior manager from the bond department and her entire team. Her impassioned introduction lasted a full half hour before it came to an end.
Chu Jungui pondered for a moment and said, "I heard that you are a bank with a truly pioneering spirit."
"Exactly!" The female manager smiled like a flower.
"Having a pioneering spirit, according to my understanding, means..." Chu Jungui paused, swallowed back the word 'willing to take higher risks', and replaced it with 'willing to obtain higher returns'.
The female manager couldn’t agree more: “That’s the key to why we’re growing so much faster than our competitors.”
Chu Jungui said: "Can I know how many bonds you and your team have issued in the past three months?"
The female manager smiled reservedly and said, "Speaking of this, I'm afraid it will impress you. In the last quarter that just ended, we issued a total of more than 200 million bonds, accounting for 40% of the entire department."
Sino suddenly lost interest. This was just a small bank, even though the name was very explosive. Those real giants may be able to issue tens of billions of bonds per bond.
However, Chu Jungui was not disappointed and said: "Now let's talk about the cooperation between us. You should know that we have just successfully issued two bonds in Hengyuan and Trail Blazers, but to be honest, I have little confidence in you. "
The female manager's smile froze and she said hurriedly: "Our scale is indeed not as large as that of Hengyuan, but we can provide you with tailor-made financial products! These products..."
"Where is the product?" Chu Jungui asked.
The female manager gritted her teeth, stood up and said, "If necessary, I can design it now! The whole process only takes about a week."
It didn't matter that Chu Jun returned, but the team members behind the female manager were talking uneasily. The female manager turned back and roared: "Shut up! A week is already a lot of time, and you can even sleep for an hour and a half every day! It doesn't matter if you work slowly, I will apply for stimulants for you, and you can get an injection The one who doesn’t sleep for a week is free!”
All the employees were silent, staring at the table in front of them, not daring to make eye contact with the female manager.
"Actually, there's no need to go to such trouble. I've already designed the product. You guys can see if it can be used." Chu Jungui sent over a series of information.
When the female manager opened it, the smile on her face froze, and there was a slight sweat on her forehead, she said, "This amount seems a bit..."
"This quota can increase your performance this quarter by 400% compared to the previous quarter, and your net income may exceed 1,000%." Chu Jungui said calmly.
"But..." The female manager shook her head with some difficulty and said, "The support from Hengyuan and Trail Blazers alone is not enough. You need more collateral, or..."
Chu Jungui looked at her and suddenly said: "What if it is 400 million?"
"400 million is not a big problem." The female manager was obviously more relaxed.
"Okay, then let's discuss the remaining 600 million. I can provide some additional orders as guarantee, but these orders are not as stable as before."
The female manager took the order information, read it carefully, and said, "Are the customers for these orders all Star Thieves?"
"Yes. It's just that some of the customers for this batch of orders are not in the federation, so you haven't heard much about their names. Some are relatively small, so their ability and scope to develop business are limited. The last one is He's on the federal wanted list, and there seems to be a possibility of being completely wiped out."
The female manager's expression remained unchanged and continued: "It is true. If you use this batch of orders as a guarantee to issue bonds, the rating will be much lower than your previous two bonds, and it will not be as good as the previous 400 million rating."
"What is the specific level?"
"The highest grade is naturally the treasury bonds issued by Dynasty and the Federation, which we call risk-free grade. Then some large enterprises such as Deep Space Energy and Federal Bank issue Level 1 bonds, and those issued by Starfield Industries are Level 2. Galaxy-grade issuance is grade 3. Therefore, the first three grades can be classified as investment grade, and individual grade 4 bonds with particularly good quality can also be classified as investment grade." The female manager explained in detail.
"In other words, my first two debts, including the 400 million you have here, are all level 4? The remaining 600 million are level 6?"
"Yes. Level 6 is junk level."
Chu Jungui asked: "If these bonds have buyers, will you be willing to raise their ratings?"
The female manager looked at Chu Jungui deeply and said, "Of course not! However, we can try to reconstruct them."
"Reconstruct?" Chu Jungui didn't understand.
"Yes, something like this..." The female manager quickly picked out a few orders from Chu Jungui and put them together. There is one level 4 order, 3 level 5 orders and 1 level 6 order. "If these orders are issued separately, the ratings will not change. But we bundle them together. Since the distribution areas of the order subjects are different and the business scope is also different, this effectively spreads the risk. That is to say , their ratings will go up.”
The female manager quickly built a new model and came up with a rating of 4.
"It's impressive!" Chu Jun praised.
"This is where you need us." The female manager looked proud.
"So this 1 billion is no problem?"
The female manager was stunned for a moment, and after a slight hesitation, Chu Jungui said: "I can be responsible for the sales of 300 million, but the condition is that you are responsible for the underwriting of the rest, just like Hengyuan and Pioneer."
The female manager finally made up her mind and gritted her teeth and said, "No problem!"
When Chu Jungui walked out of the Chain Reaction Bank, a notification tone was sent to his and Sino's personal terminals. Xino rubbed his eyes hard and looked at it several times before saying, "One billion just came?"
"995 million." Chu Jungui corrected.
