Opening the debt base regularly has unique advantages in the fund market. The most obvious advantage is the high leverage ratio of regularly opening the debt base. According to relevant regulations, the leverage ratio of ordinary bond funds should not exceed 1.40%, while the closed operation mode of regular open-ended debt base has 200% operating leverage space.

Secondly, due to the characteristics of regular redemption, in the closed operation period, it can effectively reduce the liquidity impact caused by frequent subscription and redemption, ensure the relative stability of the fund scale, and also help to improve the stability of the fund portfolio and improve the fund income. Finally, the advantage of regular open-end bond funds is that most of them are pure bond funds, and the proportion of investment in the bond market is not less than 80% of assets, which means staying away from the shock of the secondary market and effectively preventing risks to a certain extent.