KUALA LUMPUR, June 9 — Short-term interbank rates are expected to remain stable today on Bank Negara Malaysia's intervention to absorb excess liquidity from the financial system.                            

The central bank estimated today's liquidity at RM34.81 billion in the conventional system and RM5.19 billion in Islamic funds. 

Bank Negara will conduct a RM12 billion range-maturity auction for one day to 92 days, and two repo tenders worth RM500 million each for 30 days and 32 days, respectively.

The central bank will also carry out three Al-Wadiah tenders comprising RM400 million for seven days, RM200 million for 14 days and RM500 million for 30 days.

At 4 pm, Bank Negara will conduct up to RM21.8 billion in conventional overnight tenders and a RM4.1 billion Al-Wadiah overnight tender. — Bernama