OMT interventions in government bond markets provide a fully effective backstop to avoid destructive scenarios that might threaten price stability in the euro area. The aim is to ensure that the ECB’s monetary policy stance is transmitted more evenly to the real economy across euro area.
4  https://forms.justice.govt.nz/search/Documents/pdf/jdo/cc/alfresco/service/api/node/content/workspace/Sp acesStore/193a6a73-1a5b-436e-af77-e6ef7173c9fa/193a6a73-1a5b-436e-af77-e6ef7173c9fa.pdf 5 https://www.rbnz.govt.nz/news/2018/12/reserve-bank-aims-for-best-regulatory-relationships  Ref #8609867 v1.2  Page 6 of 7 Appointed actuaries play an important and valuable role to both the industry and the Reserve Bank. We consider the appointed actuary to be a key voice at the table when an insurer is seeking to understand its financial health and future prospects.