Godan quickly rose and said, "Your Highness, given our current debt situation, I believe we can issue a batch of 'special national bonds.'
"A scale of 50 million francs, with a term of 10 to 20 years, and an interest rate of 6% to 8%. There should be many willing subscribers."
With the prestige France gained from defeating the Anti-French Alliance, plus the current momentum of France's development, even though the national bond interest rates are rather low, there will still be plenty of investors seeking stable income willing to buy.
Joseph nodded, "Please draw up a bond issuance plan and submit it to me. However, 50 million francs is still far from enough."
At present, the Industrial Development Fund has only 14 million francs left on its books, and even adding the 50 million from national bonds, it's still a drop in the bucket compared to the enormous industrial development plans.
Joseph knew well, and that's without even factoring in the train.
