[Argentina] Call to France

[Naio90]

The Minister of Finance of the Argentine Republic, Christian Erbes, would call his french counterpart on an encrypted and private line.

@Ellie

 

[Ellie]

Minister Mohammed Ahmed would answer the phone on an encrypted line.

"Minister Ahmed speaking."

@Naio90

 

[Naio90]

"Minister Ahmed, how are you today? The intention of the present call is to inform you that with things having calmed down in the international scene, the Argentine Central Bank would be ready to discuss the terms of the credit you were interested in taking."

@Ellie

 

[Ellie]

"Ah, that's good to hear. What is it that you need me to answer?"

@Naio90

 

[Naio90]

"To begin with, it would be good for your office to fill out the basic request, so that we know what you are looking for. I'm faxing you the brochure."

Central Bank brochure and Documents

@Ellie

 

[Naio90]

"Sorry for the missunderstanding sir, we have found your request from couple of weeks ago. This would be the conditions of the loan, its the standard contract."

ICSD Loan Proposal
and
Terms and Conditions
​

Private and Encrypted
for the Republic of France​

Requesting Client: Republic of France
Requested Type: B
Requested amount: $10,000,000,000.00
Repayment period: 12 monthly installments
Applicable rate: 22%

Amount to be paid back: $12,200,000,000.00
In 12 monthly installments of $1,016,666,666.66 USD

If the above stated terms are accepted, please sign the following contract in order to receive the indicated finds. Signature implies agreement with the stated conditions of the loan.

Loan Agreement between
the Central Bank of the Republic of Argentina
and the Republic of France​

The Central Bank of the Republic of the Republic of Argentina, hereinafter The Bank, accepts the request to loan the Republic of France, hereinafter The Client, the total amount of $10,000,000,000.00, to be transfered after the signature of the present contract, according to the following conditions:

1. The loaned amount has an interest rate of 22%, to be added to the loaned sum at the moment to be paid back, divided equally through all indicated installments (12).

2. The Client agrees therefore to pay 12 monthly (ICly) installments of $1,016,666,666.66 to the Bank, with the first installment to be paid the month after the signature of the present contract.

3. Once the 12th installment has been transfered and recived by the Bank, this contract is considered extinguished.

4. Should the Client be interested in accelerating the payback, the Bank should be contacted for further information.

5. The monthly installments funds can be automatically deducted on each tax period, as it is common practice in the international creditor business.

6. If necesary, the Bank can manually transfer the corresponding sum on behalf of the Client.

7. In case of the Client failing to pay one installment within the corresponding term without proper justification and/or failing to respond to a contact, the Bank is in condition to deem the contract "breached" and can immediatly reclaim the totality of the remaining installments by own means, including interests, through national and/or international mechanisms and enforcements. This recovery mechanism cannot be overruled by any means by power of the Client.



For the Central Bank of the Republic of Argentina: Sebastian Villa, President.
For the Republic of France: _______________________________


@Ellie

 

[Ellie]

Minister DeSilva would sign the contract.

"The misunderstanding is no problem, I've signed the contract and faxed it back to you."

FAX

Loan Agreement between
the Central Bank of the Republic of Argentina
and the Republic of France​

The Central Bank of the Republic of the Republic of Argentina, hereinafter The Bank, accepts the request to loan the Republic of France, hereinafter The Client, the total amount of $10,000,000,000.00, to be transferred after the signature of the present contract, according to the following conditions:

1. The loaned amount has an interest rate of 22%, to be added to the loaned sum at the moment to be paid back, divided equally through all indicated installments (12).

2. The Client agrees, therefore, to pay 12 monthly (ICly) installments of $1,016,666,666.66 to the Bank, with the first installment to be paid the month after the signature of the present contract.

3. Once the 12th installment has been transferred and received by the Bank, this contract is considered extinguished.

4. Should the Client be interested in accelerating the payback, the Bank should be contacted for further information.

5. The monthly installments funds can be automatically deducted on each tax period, as it is common practice in the international creditor business.

6. If necessary, the Bank can manually transfer the corresponding sum on behalf of the Client.

7. In case of the Client failing to pay one installment within the corresponding term without proper justification and/or failing to respond to a contact, the Bank is in condition to deem the contract "breached" and can immediately reclaim the totality of the remaining installments by own means, including interests, through national and/or international mechanisms and enforcement. This recovery mechanism cannot be overruled by any means by the power of the Client.



For the Central Bank of the Republic of Argentina: Sebastian Villa, President.
For the Republic of France: Mohammad Ahmed, Minister of Economy.

@Naio90

 

[Naio90]

"We have received the sigend contract, we will now wire the funds. I hope this money helps the french economy continue its push towards sustainable growth. On behalf of my Government, it is a pleasure to do business with the French Republic and we look forward to continue working with your Government."