KUALA LUMPUR, Feb 13 — Short-term interbank rates closed steady today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
Liquidity in the conventional system fell to RM26.94 billion from RM27.15 billion this morning while liquidity in Islamic funds eased to RM21.03 billion from RM26.33 billion.
Earlier today, the central bank called for two conventional money market tenders, two Qard tenders 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- and three-month tenors.
At 4 pm, it called for a RM26.90 billion conventional money market tender and a RM21 billion Murabahah money market tender, both for one-day money.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.00 per cent as of February 9. — Bernama
