"30 billion US dollars..."
Hearing the number spoken by Michael Brey, Luo An narrowed his eyes slightly, pondering for a few seconds, then asked:
"So, what's the price?"
Seeing that Luo An was neither frightened by the number he had mentioned nor showing uncontrollable excitement, Michael Brey looked at Luo An deeply and explained:
"If we decide to purchase CDS products with a value of 450 million US dollars at the 'BBB' level, a monthly premium of 0.3% is required, that is, 1.35 million dollars.
It's April 2006 now, if we set the timing to June 2007, the premiums will add up to around 17.5 million US dollars."
"Good."
Luo An nodded, handing the note to Michael Brey with a smile:
"Then, I'll wait for your good news."
"Definitely."
Michael Brey nodded firmly, his face serious:
"We will definitely succeed."
Luo An shook hands with Michael Brey, believing that they would succeed, but the final number obtained would most likely not be 30 billion dollars.
