Homo sapiens

Luzon.

Manila.

The headquarters of the Asian Development Bank is located here. Even though the relationship between Luzon and America has become much colder in the past two years, the headquarters of the Asian Development Bank still has no idea of ​​moving.

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

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

"Nani? Doesn't Mr. Lopez know the current situation?" Masatsugu Asakawa asked in surprise.

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

"The Asian Development Bank holds a total of 6.7 billion Ceylon foreign debt..."

But Philip interrupted the other party: "Add in the 10% held by major Japanese consortiums, and set a price!"

Masatsugu Asakawa narrowed his eyes slightly: "That's 11.9 billion U.S. dollars. If you can come up with 11.9 billion U.S. dollars..."

"Mr. Asakawa, do you think I'm a fool? Ceylon is bankrupt, and it may not be possible to repay the money in the next 10 years. The other party may even turn away the money directly. Please give me a sincere price!" Philip looked at the other party very straightforwardly.

Masatsugu Asakawa thought about it and knew that Ceylon's foreign debt was indeed difficult to collect, and it lasted too long. Once the exchange rate changes, it would not necessarily be a good thing for the Asian Development Bank and Japan's major consortiums.

"I need to discuss it with the board of directors and Japan's debt holders. We will reply to Mr. Philip the day after tomorrow."

Phillip smiled and shook his head: "It doesn't matter, you can talk slowly, but my patience is also limited. Maybe in a few days, it won't be this price."

In this regard, Masatsugu Asakawa just put a professional fake smile on his face: "I have no way to make a decision on this kind of thing. In fact, I also very much hope to cooperate with Bank of Manila."

"Then I'll just wait for the good news."

Looking at Philip Lopez's retreating back, Asakawa Masatsugu put away his smile, his eyes flashing with thinking.

He was somewhat confused about the purpose of Manila Bank and the Lopez family.

But since he couldn't figure it out, he didn't continue to get into trouble. Instead, he picked up the phone and called the Japanese people first to explain the situation to several bosses behind the Japanese consortium.

Then came the meeting of the Asian Development Bank's board of directors.

ADB's shares are very complex, but also very simple. Just look at the top three shareholders, which are Japan 15.6%, America 15.6%, and China 6.44%.

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

Masatsugu Asakawa, Jim Benjamin, Guo Yujin, Li Guangming of Singdao, and Park Xuanzhe of South Korea held a video conference.

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

Jim in San Francisco picked up the coffee and pretended to taste it while thinking quickly in his mind.

At present, in the composition of Ceylon's external debt, the Asian Development Bank is the largest creditor on the surface, accounting for 13%, followed by the Japanese Consortium with 10%, the Bank of China with 10%, the World Bank with 9%, Tianzhu with 2%, and other countries with 9%. %.

The remaining 47% is sovereign foreign debt, which is basically held by European and American financial institutions. 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 held by Europa. divided among other small financial institutions.

The core foreign debt of Ceylon is actually the 47% of sovereign foreign debt, because this part is a real usury.

Jim was very aware of Ceylon's foreign debt problem. He put down the coffee in his hand: "Bank of Manila wants to buy these foreign debts at a low price? I need to think about it. What are Japan's ideas?"

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

ADB was originally a special product of America's alliance in Asia with the help of Japan. As a loser, Asakawa Masatsugu knew his position very well, and everything was the master's task.

Now that Jim has no decision, he will naturally not express his position.

The directors of Sing Tao and South Korea also behaved ambiguously.

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

This was at the same time as the video conference of the ADB Board of Directors was held.

Since Ceylon has declared bankruptcy, financial institutions holding Ceylon's sovereign foreign debt are now a little anxious.

Although national-level bankruptcy is different from corporate bankruptcy and there is no way to proceed with bankruptcy liquidation, entering bankruptcy protection means that debts are frozen.

The so-called debt freeze means that if the money is not available now, then we will consider paying it back when we have the money.

International financial institutions want to make money. If Ceylon is in bankruptcy for a long time, it means that this debt will not be repaid for a long time, or even become a bad debt.

Now these financial institutions face two choices.

One is to cut the meat and leave the market. Recently, the Bank of Manila is purchasing Ceylon's sovereign foreign debt at a low price in the international financial market. It can sell this foreign debt to the Bank of Manila.

Another option is to continue to hold on and wait for Ceylon to lift its bankruptcy protection.

However, on October 15, the brothers Ma Xing and Siya secretly fled Dubai, causing further chaos in Ceylon.

Immediately afterwards, the Solomon family and the Puda family attacked each other, and a fierce fighting broke out. In the end, several talkers from the Puda family fled to the Maple Leaf Kingdom in panic.

The Solomon family that won the victory also suffered heavy losses at this time.

Several talking heads of the Solomon family died tragically in this turmoil, leaving only a 19-year-old daughter of the head of the family, who married Disjamit, the newly rising supernova of the Eastern Province, through a flash marriage.

On the surface, Dis seems to be a puppet supported by the Solomon family, but in fact he is the big crocodile who really turns against the guests.

In order to ensure that his position was stable, Dis continued to maintain bankruptcy protection, and then announced the relocation of the capital from Colombo to the inland Gem City in the Central Province.

This series of saucy operations left the outside world completely confused.

But more troublesome things "emerged". Food reserves in various places in Ceylon were almost exhausted, and gas, fuel, daily necessities, and medical supplies were all in short supply.

Diess went rogue and announced that it would extend its bankruptcy status until 2030.

As soon as this news came out.

Those financial institutions holding Ceylon's sovereign foreign debt directly vomited blood, and the purchase price of the Bank of Manila was also reduced to about 20% of the original price.

That is, the Bank of Manila is only willing to pay US$5 billion to acquire US$25 billion of Ceylon's sovereign foreign debt.

Although many of Ceylon's foreign debts held by institutions such as the AIIB, World Bank, Japan and Bank of China are low-interest or even interest-free loans, if Ceylon fails to repay them 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. He just acts like you can do whatever you like. Anyway, you don't have any money.

This caused the Bank of Manila to continuously lower the purchase price of Ceylon's sovereign foreign debt.

Many financial institutions that felt that they could not survive still reluctantly left the market.

But as the head of the Bank of Manila, Philip knows very well that most of the institutions currently leaving the market are small financial institutions.

Bank of Manila currently acquires only 7.6% of sovereign external debt.

Wall Street Financial Group, British Financial Institutions, and BNP Paribas all chose to continue to hold. Obviously, some people did not want the Bank of Manila to gain dominance in Ceylon's foreign debt.

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