垃圾债券大幅度升值，其他减值债券，公司票据都在高位交易，这就意味着你的收益在减少，而风险在增加。
Because of the big rally in junk and other distressed bonds, corporate issues are trading at higher prices, which means you get less yield and more risk.
而且，当雷曼兄弟在2008年破产后常春公司也受到了打击；常春公司损失了七分之一的流通股在包括有可转换票据的复杂交易中。
And it was hurt when Lehman Brothers went bankrupt in 2008; Evergreen lost one-seventh of its outstanding shares in a complex transaction involving convertible notes.
发售债券的公司必须在使用该计划前两天签署协议，且必须通过纽约联邦储备银行的一级交易商出售这些票据。
Issuers must sign up at least two days before using the facility, and can only sell commercial paper to it through primary dealers of the New York Fed.
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