KUALA LUMPUR, Sept 26 — Short-term interbank rates closed stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
Liquidity in the conventional system was marginally lower at RM44.21 billion from RM44.45 billion this morning, and Islamic funds’ liquidity fell to RM17.61 billion from RM22.01 billion previously.
Earlier today, the central bank called for two conventional money market tenders, a Qard tender, and two reverse repo tenders.
It also announced the availability of reverse repo, sale and buy-back agreements and Collateralised Commodity Murabahah facilities for one-month and three-month tenors.
At 4 pm, BNM called for a RM44 billion conventional money market tender and a RM17.60 billion Murabahah money market tender, both for one-day money.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.01 per cent as of Sept 25. — Bernama
