Usually, there are two ways an investor can cash in a bond: by selling it to another investor on the open market, or by waiting until the issuer redeems the bond upon its maturity.

一般情况下，投资者可以通过以下两个渠道将债券兑现：一是在公开市场上转卖给其他投资者，二是等待债券到期后由发债公司赎回。

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By itself, that is not a reason for the Fed to step up bond purchases, an option it has kept open.

单单这一条，还不是联储公开地加紧收购债券的原因。

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The bond with humans likely is an extension of horse behavior in the wild, since horses value their own horse relatives and friends, and are also open to new, non-threatening acquaintances.

马与人类的这种联系也许是其野外行为的延续，因为马匹珍惜自己的马亲戚和马朋友，也乐于接受无威胁性的新相识。

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The European Central Bank unleashed its open-ended bond buying program after Mario Draghi promised to do all he can to save the monetary union, and Fed chief Ben Bernanke announced his version of open-ended bond purchases, dubbed QE3.

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Only a few weeks ago, ECB chief Mario Draghi announced his own open ended bond-buying plan, dubbed Outright Monetary Transaction.

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Draghi verbally intervened markets and then unveiled an open ended bond-buying plan to support Spanish and Italian borrowing costs by pushing down yields.

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