KUALA LUMPUR - 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 fell to RM35.47 billion from RM41.20 billion this morning, while Islamic funds’ liquidity expanded to RM26.99 billion from RM26.53 billion previously.
Earlier today, the central bank conducted one conventional money market tender, two Qard tenders and two reverse repo tenders.
It also announced the availability of reverse repo, sale and buy-back agreements, as well as Collateralised Commodity Murabahah facilities for tenors of one to three months.
At 4 pm, BNM called for a RM35.40 billion conventional money market tender and a RM27 billion Murabahah money market tender, both for one-day money.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at three per cent per cent as of July 21. - BERNAMA
Liquidity in the conventional system fell to RM35.47 billion from RM41.20 billion this morning, while Islamic funds’ liquidity expanded to RM26.99 billion from RM26.53 billion previously.
Earlier today, the central bank conducted one conventional money market tender, two Qard tenders and two reverse repo tenders.
It also announced the availability of reverse repo, sale and buy-back agreements, as well as Collateralised Commodity Murabahah facilities for tenors of one to three months.
At 4 pm, BNM called for a RM35.40 billion conventional money market tender and a RM27 billion Murabahah money market tender, both for one-day money.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at three per cent per cent as of July 21. - BERNAMA