KUALA LUMPUR, April 6 ― 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 RM34.105 billion in the conventional system and RM13.713 billion in Islamic funds.
BNM will conduct conventional money market tenders of RM2.5 billion for five days and seven days each, a RM300 million Commodity Murabahah Programme for 30 days and a RM5.3 billion Qard for six days to 21 days.
At 4pm, BNM will conduct up to RM28 billion conventional overnight tender and RM8.2 billion for Qard overnight tender. ― Bernama
