Chapter 394

The three major international rating agencies have given AAA credit rating, which means that this financial derivative created by Xie liaosha will have a larger market from now on. Some stable investment institutions, such as pension management fund, will have a bigger market, For the purpose of maintaining and increasing value, investment institutions such as enterprise annuity management fund are likely to include Xie liaosha's subprime products into their investment portfolio.

Just after the rating agencies gave positive results, the first batch of subprime products packaged by Sanjin club, which was the first to enter the Japanese market, were also sold on the international market. As far away as London, Rothschild bank, Royal Bank of Scotland, and Barclays Bank ate about two billion dollars of financial derivatives.

After all, it's the first time for Mikhail to face the market, so the quality of this batch of subprime mortgage products is still good. Most of them are high-quality loans with income guarantee, and only a small proportion of junk bonds are used as a foil. When the world is bullish on the Japanese economy and the Japanese real estate market, the rate of return brought by the rise of house prices and land prices greatly exceeds inflation, Bank interest even exceeds the interest level of some usurious loans. For today's ordinary Japanese, investing in land, real estate and stock market is much cheaper than working hard! Looking at the Japanese newspapers, there are many housewives who invest in the stock market by usury, and farmers who sell land, live in luxury houses and drive luxury cars. With the help of the media, the whole society of Japan has fallen into a kind of impetuous atmosphere. Japan's land area is not large, and most of it is mountainous, but it has a population of 100 million. Everyone will feel that with the increase of population, the growth of economy. Land and real estate will rise forever.

Now Xie liaosha has realized a problem, that is, the three gold associations controlled by himself can't eat Japan's huge subprime mortgage market. So he authorized his patent to the three most supportive British banks with 5% of the patent fee to jointly expand the subprime loan market.

He has made a public speech in the banking association, so he has some influence in the UK. After three big old British banks joined the scheme, some other banks began to contact and discuss cooperation with him. It can be said that during this period, he made a lot of money just because of the patent fees.

Although there is a great market for subprime mortgage products in the UK, there is still a process of understanding outside the UK. Xie liaosha is not in a hurry. Anyway, he has extended his tentacles into the Japanese financial market. The British are becoming the biggest buyers of the products launched by the three gold associations. They will help Xie liaosha gradually push those subprime mortgage products to the US market.

As Yakovlev is in London now, seryotha can't keep busy with his business. The work that should be done should continue. After Xie liaosha successfully won the coal trade negotiation, the natural gas negotiation has been difficult to break through. Due to the serious obstruction of the Soviet Union Europe natural gas pipeline project to France, it took two more years to complete the project which should have been completed a few years ago. In order to get rid of the interference from the United States, he urgently hoped that Britain could transfer part of its natural gas pipeline production technology to the Soviet Union. Before that, although the pipeline manufacturers of this line project were Japanese, British and French companies, their production plants were located in the United States. A series of us interference actions not only affected the Soviet Union, but also seriously affected the interests of Britain and France as consumer countries.

This proposal made Britain and France feel a little excited, but with a lot of doubts. Xie liaosha didn't have any chips. He asked the comrades of the Soviet Ministry of oil and gas industry to show the British the budget of the last phase of the project, including the Japanese pipeline quotation, the cost of supporting equipment, and the installation cost one by one. According to the data, if the Soviet Union can realize the localization of these equipment, the budget of the whole project will be reduced by about 30%.

In addition, he also found some open geological exploration data from the Ministry of oil and gas industry of the Soviet Union. He clearly told the British that the Siberian natural gas pipeline built by the Soviet Union now has less than one ten thousandth of the domestic natural gas development potential of the Soviet Union, and there are more abundant gas reservoirs waiting to be developed in Central Asia. If there are enough funds and technologies, The Soviet Union will supply more than enough natural gas for the whole of Europe in the future.

Now he knows that the British care more about the pipeline than the Soviets. Now the British economy is at the bottom of the old industrial countries. The British economy needs cheap energy as support. The Soviet Union is the only choice for the British now. In fact, it's not only Britain, but also France, Italy and Spain. Even West Germany, which has the best economy at present, is trying to please the Soviet Union for the sake of natural gas. The United States demanded that these countries boycott the Soviet Union, regardless of all kinds of economic difficulties faced by these countries, so the joint sanctions were full of loopholes.

At present, shagliaosha is somewhat capable in the UK. Not only does Ian McGrady, director of the UK National Coal Bureau, owe him a big favor, but he also knows the head of the main bank of British steel, the Bank of Barclays. Shariosha has privately communicated with Ian McGrady and Mr. Atkins of Barclays Bank. If British steel can persuade Congress to agree to transfer the production technology of natural gas pipeline to the Soviet Union, shariosha will hand over the share of pipeline originally given to the Japanese to the British for production, After all, Ian McGrady took charge of British Steel Company for two years before he became the director of British National Coal Bureau. He had feelings for the company. At the beginning, his only regret when he left British Steel Company was that he failed to make the company realize real profits. Therefore, the conditions of shagliaosha are very attractive to him.

Fortunately, the current economic situation in the UK, the unemployment of workers and the social unrest caused by the strike all put him in a favorable position. The Soviet Union Europe natural gas pipeline project is not only conducive to the foreign trade of the Soviet Union, but also can provide tens of thousands of jobs for Britain, which is a win-win situation.

Shailyusha finally got the result he wanted. Urals heavy machinery plant got part of the steam turbine technology transferred by ALSTOM, while krivoroglenin steel plant in Ukraine got the pipeline production technology of British Steel Company. The negotiation of the natural gas agreement has been completed.