If the reinvestment rate is higher than the redemption yield then the actual return on the bond, assuming it is held to maturity, will be higher than the redemption yield.
假如再投资率高于赎回收益率，假定持有至偿还期，则有息债券的实践报答远远高于赎回收益率。
2
Asset-Backed Securities: the actualyield received may vary according to the rate at which the underlying receivable or other financial assets are prepaid.