KUALA LUMPUR, April 27 — Short-term interbank rates are expected to remain stable today with Bank Negara Malaysia (BNM) intervening to absorb surplus liquidity from the financial system.

The central bank estimated today’s liquidity at RM32.32 billion in the conventional system and RM14.40 billion in Islamic funds.

BNM will conduct a RM5 billion range maturity auction tender for 44 days, a RM500 million repo tender for 30 days, and a RM5.2 billion Islamic range maturity auction tender for six to 21 days.

At 4pm, BNM will conduct an up to RM25.0 billion in conventional overnight tender and a RM9.2 billion overnight Qard. — Bernama