The Securities Times published a review article by Lou Feipeng, a researcher at the Postal Savings Bank of China, saying that DR001 has actually become the target interest rate for the central bank's monetary policy regulation, and the People's Bank of China will take the opportunity to switch the period for the main types of operation in the open market to overnight. The open market overnight repurchase rate will accordingly become the main policy interest rate to achieve term matching, further improving the accuracy of interest rate regulation. The People's Bank of China will take the opportunity to issue policy guidelines related to the diversified loan pricing benchmark reform, and will also continue to reform and improve the LPR quotation mechanism to improve the quality of quotations. This means that the People's Bank of China encourages the establishment of an “LPR+DR001” double pricing benchmark to open up the interest rate transmission chain from the short-term money market to the credit market. In the future, parallel tracks are likely to exist for a long time, so that medium- and long-term loan pricing is based on LPR to match its characteristics of strong stability and low adjustment frequency. The pricing of short-term working capital loans, notes, and other loans that are sensitive to capital costs is based on DR001, ultimately promoting the complete marketization of loan interest rates and achieving accurate transmission of monetary policy.

The Securities Times published a review article by Lou Feipeng, a researcher at the Postal Savings Bank of China, saying that DR001 has actually become the target interest rate for the central bank's monetary policy regulation, and the People's Bank of China will take the opportunity to switch the period for the main types of operation in the open market to overnight. The open market overnight repurchase rate will accordingly become the main policy interest rate to achieve term matching, further improving the accuracy of interest rate regulation. The People's Bank of China will take the opportunity to issue policy guidelines related to the diversified loan pricing benchmark reform, and will also continue to reform and improve the LPR quotation mechanism to improve the quality of quotations. This means that the People's Bank of China encourages the establishment of an “LPR+DR001” double pricing benchmark to open up the interest rate transmission chain from the short-term money market to the credit market. In the future, parallel tracks are likely to exist for a long time, so that medium- and long-term loan pricing is based on LPR to match its characteristics of strong stability and low adjustment frequency. The pricing of short-term working capital loans, notes, and other loans that are sensitive to capital costs is based on DR001, ultimately promoting the complete marketization of loan interest rates and achieving accurate transmission of monetary policy.