His paper was out in large quantities. 他的票據大量地流在外面。
Well, imagine a fund that leverages investors' money by borrowing massively in short-term money markets in order to purchase higher-yielding paper. 那麼,設想一隻基金通過在短期貨幣市場上大舉借貸,以槓桿方式利用投資者的資金,以購買收益率更高的票據。