A woman walks pass the headquarters of Bank Negara Malaysia in Kuala Lumpur, March 30, 2015. — Picture by Yusof Mat Isa

KUALA LUMPUR, Sept 6 — Short-term rates are expected to remain stable today on Bank Negara Malaysia's (BNM) continuous intervention to absorb excess liquidity from the financial system.

The central bank estimated today's liquidity at RM22.59 billion in the conventional system and RM10.8 billion in Islamic funds. 

BNM will conduct a RM3 billion money market range maturity auction tender for three days to 30 days, a RM4.9 billion Qard Islamic range maturity auction tender for seven days to 28 days, and a Commodity Murabahah Programme of RM500 million for 30 days.  

At 4pm, BNM will conduct an up to RM19.6 billion in conventional overnight tender and a RM5.4 billion overnight Qard. — Bernama