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。

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Asset-Backed Securities: the actual yield received may vary according to the rate at which the underlying receivable or other financial assets are prepaid.

资产担保证券：所得实际收益，依可接受的金融资产预付价格不同而不同。

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Yield factors in both the interest rate paid by the bond and the actual price of the bond.

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