Uchiha's personal opinion

"Lord Deguang, please allow me to explain..."

The representative of the Moonlight Clan rose, bowed, and said, "Now that the Mist Village has retreated from this battle, is it considered that the war is over?"

"This topic is really interesting..."

Uchiha Tokumitsu leaned back in his chair, saying with a hint of amusement, "And if I remember correctly, the announcement of the end of the war should have been issued by the Hokage, right?"

"That's true, but when the war will officially end is related to the issue of paying back the IOUs our ninja clan signed before the war..."

The representative of the Moonlight Clan whispered, "If we could end the war with Kirigakure ahead of schedule and pay the IOUs, that would be a good thing, wouldn't it..."

"...Why did you come to me?"

After a moment of contemplation, Uchiha Tokumitsu slowly asked, "You should know that Sakumo-kun is the commander of the ninja army!"

The purpose of these ninja clan representatives was quite simple: to push the village level to confirm that the war with Kirigakure had ended, thereby expedite the fulfillment of the IOUs signed before the war at the Hokage Building in exchange for the clan ninjas held by each clan.

The ninja representatives exchanged glances and, after communicating through eye contact, unanimously decided that the representative from the Moonlight Clan should continue speaking.

"Lord Tokuko... as you should know, we also followed the example of the Uchiha clan and discovered war bonds..."

The representative from the Moonlight family forced a smile and said, "It's just that the interest we promised to pay was a little too high..."

How much exactly?

Uchiha Tokumitsu became interested.

"It's generally between 30% and 40%..."

"That's not high at all!"

Uchiha Tokumitsu immediately lost interest.

The Uchiha clan, backed by their reputation as the strongest bloodline clan in the ninja world, issued war bonds with annual interest rates reaching 20%, while these smaller ninja clans only offered 30% to 40%, which wasn't considered very high.

"However, this means that your war profits may not be enough to cover the interest payments on the bonds."

When Uchiha Tokumitsu was formulating the annual interest rate for the war bonds, he had already taken this issue into consideration, and the 20% return he set was in line with the general lending rates in the ninja world.

However, Uchiha Tokumitsu thought about it again and felt that something was not right.

The IOUs that the ninja clans received were already priced 20% higher. Paying a little more interest was just passing on the profits they had taken from the Hokage to the bond buyers. There was no need for them to panic like this.

"This……"

The representative of the Moonlight family began to sweat.

"Don't rush, speak slowly..."

Uchiha Tokumitsu rested his chin on his left hand, watching the ninja representatives with interest. "I know you're in a hurry, but please don't rush..."

"...Lord Deguang, we've also issued additional bonds!"

The Inuzuka family representative gritted his teeth and interjected.

Uchiha Tokumitsu was taken aback, and lowered his hand from his chin. "...How many bonds did you over-issue?"

The original purpose of issuing this over-issued bond to the clan leader Uchiha Yomo was to trick the Nara clan, who were known for their quick thinking. Unexpectedly, even small and medium-sized ninja clans have now fallen into the trap.

"double……"

This is the Yamabuki family, an obscure little ninja clan, but they're doing quite a bit of work.

"three times……"

The Toga and Gekko families can only be described as courageous.

"Five times..."

Surprisingly, the Inuzuka clan, with their thick eyebrows and big eyes, seemed to be kind and honest!

Even Uchiha Tokumitsu couldn't help but take a second look.

In fact, Uchiha Tokumitsu underestimated the appeal of "financial innovation tools" to ninja clans that lacked funding.

Besides the regular income from missions, the small and medium-sized ninja clans in Konoha also have some businesses, but their lives are only slightly better than those of ordinary ninjas. After all, ninja clans have to fund the training of their clan ninjas and support those who have been injured or killed. Moreover, the secret techniques passed down by some ninja clans are very expensive to train, so they have always lived a tight life.

The allure of bonds, this poison disguised as honey, to the ninja clan is self-evident.

Especially when there is a lack of financial knowledge, it is not surprising that excessive issuance is driven by momentary impulse.

"If the issuance is increased fivefold, even if all the IOUs in the village are redeemed, it will barely be enough to pay off the bond principal, right?"

Uchiha Tokumitsu asked the Inuzuka family representative, "What were you thinking back then?"

The Inuzuka family representative stammered for a long time, unable to say anything.

Seeing this, Uchiha Tokumitsu didn't bother to ask any more questions.

All the questions boil down to money.

But since these ninja clans have such a request, he might as well step in to help them.

However, the Uchiha clan's assistance won't come so easily; it remains to be seen whether these ninja clans are willing to part with their own flesh.

Uchiha Tokumitsu's gaze towards the representatives of the ninja clans suddenly became kind, like an old farmer looking at the leek seedlings in his own vegetable garden.

Chapter 150 Buying at the Bottom and Harvesting

Although the representatives of the ninja clans felt that Uchiha Tokumitsu's expression was somewhat unusual, they couldn't care less since they needed his help.

"Please give your instructions, Lord Deguang!"

The representative of the Moonlight family said.

“If your bonds can be repurchased now, I can provide advance payment on behalf of the Uchiha clan, but the bond rights must be transferred.”

Uchiha Tokumitsu said with a smile.

"Repurchase...we understand that, but how will the interest be calculated during the repurchase?"

"Of course, it's calculated based on the current period's interest rate!"

Uchiha Tokumitsu patiently explained, "For example, if your bond has a one-year term and two months have passed since it was issued, then the current interest is one-sixth of the annual interest rate stipulated on the bond."

The representatives of the ninja clans looked at each other in bewilderment.

"What if... I mean, what if the bond buyers don't want us to buy back the bonds early?"

The Inuzuka family representative asked somewhat awkwardly.

"...Have all the newly issued bonds been sold?"

Uchiha Tokumitsu stroked his chin and asked.

"almost……"

All the representatives of the ninja clans were in the same boat.

"If a large number of bonds were to flood the market now and be sold below par value under the guise of resale, how do you think buyers would react?"

Uchiha Tokumitsu expressed his thoughts.

Although this simplest and most crude method of creating panic is nothing compared to the various sophisticated financial tactics of my previous life, this is, after all, the ninja world.

The simple people of the ninja world have never seen the benefits of financial innovation tools, nor do they understand the difference between bonds and savings, let alone the sinister intentions of the big players!

"However, this will negatively impact the reputation of the ninja clan..."

"This is what the representative of the Yamabuki clan said."

Upon hearing this, Uchiha Tokumitsu's smile widened even further!

He likes traders who have some integrity, but not too much!

"Can you explain this?"

Uchiha Tokumitsu was naturally very patient with the leeks he was about to harvest: "At that time, the police department's bulletin board can be used to post a clarification notice, stating that everything regarding the bonds issued by the clan is normal, but some malicious individuals are deliberately causing trouble, and an investigation has already been requested from the police department..."

"And... what happened after the police department's investigation?"

"After the investigation? What's the point of an investigation after that!"

Uchiha Tokumitsu was amused once again by the simple and honest ninja clan. "Not every investigation needs to produce results. If no problems are found, it just means that the person who maliciously damaged the value of the bonds is hiding too well."

"But this will still affect the family's reputation."

"Then you can take advantage of the situation and discover that the announcement states that a limited repurchase is being carried out due to the buyer's request."

Uchiha Tokumitsu laughed.

"Limited buyback..."

The ninja representative hesitated.

"No one will ever know exactly how 'limited' you are, will they?"

The eldest Uchiha brother picked up the teacup on the table and leisurely took a sip.

He secretly observed the changes in the expressions of the ninja representatives out of the corner of his eye.

He wasn't worried that the ninja clans would learn these simple financial tricks and then abandon the Uchiha clan to play with them on their own.

Because he had only talked about the most basic aspects of creating panic, if these small ninja clans really disobeyed, Uchiha Tokumitsu would give them another free lesson, teaching these country bumpkins what 'accumulating shares and dumping them' meant.

"Lord Deguang, if we entrust the bonds to you for management... then the bond rights will also be transferred to you..."

The representative from the Moonlight family got stuck while speaking.

His point was that the interest rate was already set too high due to inexperience, and if the Uchiha clan were to acquire it, the repayment would still be a drain on funds.

“After the bond rights are transferred to the Uchiha clan, we will uniformly only charge 20% interest.”

Uchiha Tokumitsu put down his teacup and looked directly at everyone. "When the repurchase takes place, you only need to pay the current interest to the bridging party, namely the Uchiha clan; and when the redemption is made after the transfer of rights, the original bond coupon interest can be changed to 20%, no matter what it was originally!"

Upon hearing this, the representative of the Inuzuka clan, who received the largest increase in funding, immediately beamed with joy.

Putting aside everything else, at least the high costs have been reduced significantly.

Rounding up, it's like getting a huge sum of money for free!

Uchiha Tokumitsu picked up his teacup again, trying to hide the fact that his eyes were now crinkling into crescent shapes with laughter.

Sure enough! Isn't fighting and killing worth it? Finance is a more promising career path!

Moreover, after this incident, the Uchiha clan effectively became the most trustworthy credit assessment party for small and medium-sized ninja clans. As long as the Uchiha clan was willing to endorse them, there was no need to worry about the risk of their credibility being compromised!