Although the Imperial authorities did not recognize the Kolas regime in the Far East, it was easy to recognize the Bend Confederation in the North Bay, which in turn recognized the Kolas regime.

The specific operation of the "curve march" is as follows: the Yangbo family bank first borrowed a short-term interest-free loan from the Fogel family bank, used the loan to purchase Far Eastern treasury bonds, and repaid the Fogel Bank with the treasury bonds after the loan expired, so that the treasury bonds issued by the Koras government legally entered the asset class account of the Fogel family bank, and the Yangbo family bank only played a central role in the process of this tripartite transaction.

Although Tamara, a discordant little demon girl, came halfway through, Parnia's support for the government of Kolas in the Far East was not diminished. Mrs. Theodora subscribed for 20 million bonds on behalf of the Parnia Investment Authority, and told Roland at the end of the day that she would hold the bonds until maturity, and if the Kolas government had any plans to issue bonds next year, don't forget to inform her, and the Parnia Investment Agency would be happy to join the syndicate again.

Lady Theodora's words were very plain, as if she were just talking about business, but Roland was so moved that he almost cried, and shook her hand and thanked her repeatedly. The reason is obvious, Ceodora's willingness to hold bonds means that she believes that the government of Kolas will not collapse for at least five years. This kind of solid support is the most valuable, and it also makes Roland feel deeply guilty, and privately apologizes to Lady Theodora for Tamara's uninvited arrival, indicating that although the government of Kolas does not want to offend the Nalo Order, if one day he has to take sides between the Narak Order and Parnia, he will not hesitate to side with Parnia.

Mrs. Theodora comforted him not to care about these little things, and half-jokingly said that it was fortunate that Veronica did not come with him, otherwise his daughter would have turned her face on the spot when she saw Tamara being brought into the venue. Finally, she invited Roland to visit Parnia when he had free time, so as not to make Veronica wait too long......

Roland did have plans to visit Parnia. He was deeply curious about that half-vampire country, from the perspective of geographical location and cultural characteristics, Parnia always reminded him of the "Byzantine Empire" on the earth, and the Parnia Investment Authority reminded him of the largest sovereign wealth investment fund on the earth, "Kuwait Investment Authority", Kuwait's wealth comes from oil, Parnia's wealth comes from magic crystals, oil tyrants and mining tyrants, two countries in different worlds have such a magical sense of déjà vu.

Curiosity aside, Roland had another important reason to visit Parnia – Parnia was located on the Southern Peninsula and held the Golden Horn. The largest river system in the Far East, the Viles River, joins the Coral Sea in the Golden Horn, but there is not even a port in the South in the Far East, and if you want to enter the Coral Sea or even the Storm Ocean, you must obtain an outlet to the sea on the coast of the Golden Horn to trade with the Sea Blue, Fizhen, Siwa Islands and Grabelen in the south of the New World, and the most important link to achieve this purpose is to make friends with the Parnians, and the two countries have formed strategic partnerships.

From this point of view, Roland was even a little grateful to Tamara, who had come to the Treasury Fair to more or less put some pressure on Mrs. Theodosi, realizing that if she didn't catch the Koraz government, the other party would be in danger of falling to the Narak Order.

Exchanges between countries and relationships are unbearable luxuries, and Roland has to face the reality that the friendly relations between the Kingdom of Kolas and Parnia are mainly maintained by the Naraku Order.

While the Fogel Bank, the Yanbo Chamber of Commerce, and the Parnia Investment Authority bought Far Eastern government bonds in cash, the Alpha Order and the Beacon Hill, both of which signed a supplementary agreement with Roland, to buy bonds in the form of Austrian coins, or spell bits, instead of gold and silver.

According to the internationally accepted algorithm, there is a long-term and stable linked exchange rate between Austrian currency and gold: 1 Austrian currency = 10 gold coins. A bond worth 20 million is equivalent to 2 million Austrian dollars. What is this concept? Equivalent to two million 1-ring spell slots.

Roland worked hard to draw up the development plan for the next five years of the Kingdom of Kolas, to build infrastructure in the Far East, and the infrastructure construction involving agriculture, industry, transportation, communications and other industries must use a large number of spells - in this world where magic is the primary productive force, the construction problems that need to be solved by technology and machines on the earth, such as digging tunnels through mountains, such as erecting bridges across rivers, such as building barrage dams, often need to be solved with the help of magic here in Vares.

These spells used in infrastructure projects are very expensive, and it is not enough to rely on spellcasters in the government system to provide them, and the massive amount of spell slots provided by Lighthouse Bank and the Twilight Fund in the form of Austrian currency for Treasury bonds are more valuable to Roland than real money.

The Yangbo Family Bank, the Parnia Investment Agency, and the Fogel Bank are traditional financial institutions that do not provide slot lending services, and Roland specifically emphasized that the three institutions must subscribe to the treasury bonds in the form of BRICS payments.

A standard gold brick weighs 25 pounds (400 ounces, about 11,339.80,925 grams), while 1 pound of gold can mint 50 gold coins of full value (one gold coin weighs about 9 grams)...... This conversion relationship is a bit tricky, as Anthony Fogel tried to convince Roland to denominate the Imperial Gold Coin directly (Golden Duga), but was flatly refused.

That's right, Roland's attitude is very clear - for bonds issued by institutions, refuse to accept imperial gold coins!

Why are Imperial Gold rejected? There are three main reasons for this.

The first reason, of course, was that the Imperial Gold Coin was of insufficient fineness, containing only about 70% gold, and the rest was made up of lead or other base metals. Collecting a large amount of such gold coins of poor fineness would be tantamount to paying a hidden seigniorage to the Imperial government, and Roland would not suffer such a loss.

The second reason is that for the sake of defending the country's financial security, if the enemy's currency is not expelled from the field of economic circulation, it is impossible to avoid the enemy's financial system being plotted by the enemy in the currency war. For example, the imperial authorities are likely to mint a large number of counterfeit and shoddy gold coins with very low gold content and import them into the Far Eastern market to purchase various strategic materials, stealing the wealth of the Far Easterners without knowing it. If such a disaster really happens, it will undoubtedly be a huge failure and indelible shame for Roland, the governor of the central bank and the defender of the country's financial order.

Roland's third reason for refusing to accept imperial coinage had less to do with economic considerations and more with political considerations. As the saying goes, "only the name and the instrument cannot be faked", a sovereign and independent country must have an independently issued currency, if the coinage in circulation in the country does not have the head of its own king, but the head of the emperor of the enemy country, what do you make the people who use these coins think, and ask where is the dignity of the country?

PS. To reiterate the formula for converting spell slots to Arcanes

This conversion formula was mentioned in the chapter a long time ago, and now I guess most readers have forgotten it, in fact, I also went back to what I wrote before before I remembered it...... Embarrassment

n-ring spell slot = 2n-1 austrocoin

n takes 1~9.

The zero ring spell slot is equivalent to 0.5 arcanes.

There is no fixed price for Legendary Slots, and most Arfa banks do not openly offer the service of lending Legendary Slots, which can be negotiated with bank executives if needed.