•  In order to signal that the above measure is temporary so that the interest rates at the longer end do not harden a form of operation twist was tried by conducting outright OMO purchase of government securities alongside sale of short-term government cash management bills. This inverted the yield curve, though accompanied by some increase in long-term rates.
As alluded to earlier, not all G20 member jurisdictions managed to meet the deadlines, leading to uneven playing fields.