His paper was out in large quantities. 他的票据大量地流在外面。
Well, imagine a fund that leverages investors' money by borrowing massively in short-term money markets in order to purchase higher-yielding paper. 那么,设想一只基金通过在短期货币市场上大举借贷,以杠杆方式利用投资者的资金,以购买收益率更高的票据。