When love knocks on the door

Luo Weixin rushed back to Jiangnan overnight, and arrived at the company early the next morning. To be honest, although she didn't care much about what Chai Zhuodi said when she went to pick up the plane, the news she saw last night said that the central bank was going to adjust the benchmark. In this way, she had a premonition that the trial issuance of treasury bond futures would definitely set off a financial storm on the eve of New Year's Day.

As soon as she arrived at the company, she entered the internal system and carefully studied the positions of each company after the market closed yesterday. She was surprised to find that the positions of Guotong and Yinxing were basically close. It is still consistent, and they are both "market makers". Otherwise, the "512 Treasury Bond Futures" would not have soared from around 80 yuan when it was initially listed to [-] yuan as of yesterday's closing price in less than two weeks. highest bit.

"Mr. Luo—" She was frowning to study yesterday's positions, and Beitang Mo walked in with a worried face, "I think yesterday's market is very strange, and Guotong's behavior is also very abnormal. This situation is similar to the recent The "Copper Futures War" is very similar, if it continues to be so stalemate, how can I have a feeling of "gambling between long and short"?"

Luo Weixin pushed the computer away, put her hands on the table, and said slowly while thinking, "Fundamentally speaking, Guotong and our Silver Star are not rivals in the first place, and there is no such thing as a "long-short bet". Inevitably. Because, if our Silver Star raises the actual interest rate (short selling price) of the bond, who is more beneficial? Of course, one of Guotong’s current important shareholders-the Ministry of Finance; similarly, if Guotong lowers Who is more beneficial to the actual interest rate of bonds (to raise the price)? Of course, it is the ordinary people who hold the spot, and we Yinxing entered the market based on the position of small and medium-sized retail investors. From this point of view, it should be beneficial to us. Bar."

"But the problem is that the central bank's media spokesperson has already released the news, saying that the central bank's monetary policy has changed, and that it will tighten funds and withdraw money. The stock funds in the market are extremely tense. It is not ruled out that the interest rate will be adjusted in the near future. "Beitang Mo frowned, worried, "The background of Guotong is different from ours. Behind them, Guotong has the Ministry of Finance as a shareholder. If they choose to raise the spot price, they can cash in more price difference through repurchases." But I think the central bank should hope that the difference between the transaction price of government bonds and the repurchase price will be smaller. In this way, the Ministry of Finance is opposite to the central bank's position, because the larger difference is conducive to the gradual expansion of financing through the continuous issuance of new bonds scale, issuing new coupons to repay old coupons.”

Luo Weixin didn't answer the call, but she knew very well in her heart that it would be New Year's Day in more than ten days. According to the usual practice, the Ministry of Finance's policy requirements for the issuance of national bonds in the next year should not be lower than the previous year; due to high inflation , resulting in price instability, then, bond issuance should be very difficult, right?

After the market closed yesterday, she talked on the phone with several familiar financial tycoons. It turned out that everyone was predicting—whether the central bank will really issue 800 billion yuan in the open market in the first week of the new year, as their spokesperson said. 3-month central bank bills, and a 500-day positive repurchase operation of 91 billion yuan at the same time?If so, the interest rates will be 1% and 3284%, respectively, which are 1 basis points and 36 basis points higher than the previous period. It is estimated that these three or four basis points will cause many trading varieties to be hit by the "lower limit" price?

It is her consistent thinking to light positions before the festival, otherwise, if it really catches up with the central bank's benchmark point, then, whether long or short, who of you can escape?

Thinking of this, just as she was about to say something, Director Bai of the S Futures Exchange pushed the door in with a smile on his face, and said with a smile, "Xiao Luo, good news! I didn't expect you to have the demeanor of my father back then. Such a high profile in the financial world at such a young age..."

"Hello, Director Bai!" Beitang Mo stood up and greeted Director Bai. Although he was reluctant to leave before finishing the conversation, he knew that Director Bai must have something to do when he came over, so he had to say to Luo Weixin, "I'll see you later." Talk," and walked out worriedly.

Beitangmo walked out of Luo Weixin's office, and instead of going back to his own office, he turned around and went to the trading department. He was worried. He always had a premonition that today would be a turning point in his life. This feeling was so strong that he almost To unbearable gaffe.

Xu said that the good news brought by director Bai was really gratifying. Director Bai said that he was not happy after eleven o'clock in the morning. He saw lunch time because he was a close friend of Luo Weixin's father. Since his friend's daughter is so good, as an elder , No matter what, you have to treat me to a meal, right?

It's true to meet a noble person when you go out. Director Bai and Luo Weixin, who got out of the elevator, had just agreed on which restaurant to eat, and they ran into Director Wen of the futures department of the China Securities Regulatory Commission. Director Wen and Director Bai have a good personal relationship. There were no outsiders, and after exchanging warm greetings, the original plan for two people to have dinner quickly turned into a threesome.

However, what Luo Weixin never imagined in her dreams was that before the main course was served, she received successive calls from Beitangmo who found that something was wrong. Although Luo Weixin made the most timely precautions and made the greatest efforts, she still watched the tragedy to no avail. put on...

This day was Thursday, the sky was cloudy, the clouds were dark, and her heart was helpless and desolate...

Although the emergency notice received from the futures exchange was full of comfort and the language was gentle, she knew very well that it would never be so simple, so cheap, and so easy to escape the catastrophe.

On Friday morning, on the way to the exchange, Luo Weixin felt her eyelids twitching. As the saying goes, the left eye jumps for money, and the right eye twitches for disaster. However, her double eyelids twitched at the same time-what does this indicate?

As usual, she took the elevator to Area A on the 27th floor. For some reason, the closer she was to her company, the more inexplicably heavy and restless her heart was, as if the depression was about to come. She looked at the wristband on her wrist. Watch, it was only 512:[-] in the morning at this time. Thinking about the company's recent situation, since Mo Xiaolou and the manager of the technical department were dismissed, Lu Qi has carried out a severe rectification. The performance of all departments is good. Many large enterprises and VIP clients of funds also came here one after another... But this good situation was rewritten by Kelei Company's temporary participation in the "[-]" national bond futures...

She walked to the door of her office with a heavy heart, put her fingers on the doorknob, and was inexplicably flustered... The moment she pushed the door open, she immediately looked like a statue—why did so many people gather in her office early in the morning? ?

What's more, these people are all heavyweights - some are familiar faces, such as Director Sang of the Supervision Department of the S Futures Exchange, and the last time she was maliciously reported by Suguo who insisted on strict investigation and punishment of her The deputy director of the water, um, there is even the deputy director Luo of the Jiangnan Banking Regulatory Bureau who has a few acquaintances, and the heads of the Securities Regulatory Bureau and the Inspection Bureau. Those who are not familiar with it should be Jiangnan Economic Crime Investigation Bureau, right?

"Are you Luo Weixin?" The tall and thin male police officer in uniform opposite Director Sang asked the first question with a serious expression.