As a rule, the riskier the bond and the further it is from its redemption date, the lower the value of the loan that can be secured on it.
这是一个规律，债券风险越大，距离偿还期越远，作为贷款抵押品的价值越低。
2
In general, bond funds do not charge subscription or purchase, the cost of the redemption rates are lower.
一般来说，债券型基金不收取认购或申购的费用，赎回费率也较低。
3
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.