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Chapter 103 - Chapter 103 Junk Bonds

Jonathan Yang Basilio.

At just 23 years old, he was the CEO of McDonald & Co. and head of JH Investments. Though his business in America had concluded months ago with a successful investment deal with Coca-Cola, he remained in the country under the explicit orders of Chairman Fang Ming .

"No one said it would drop this much… but that's fine," Jonathan muttered to himself, leaning back in his chair.

The collapse of Japanese wartime bonds had been far worse than anyone had predicted. Fang Ming had anticipated a 30% drop from the issuance price, but the bonds had plummeted to less than 10% of their value. Their current price barely held, sustained by the faint hope that the Japanese government might intervene to stabilize the situation.

"Assistant, how much of those bonds are still floating in the market?" Jonathan asked, his tone sharp.

"The total issuance of Japanese war bonds amounts to 120 million pounds. Of that, 76 million pounds are foreign debts."

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