KUALA LUMPUR, April 14 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
Today’s liquidity is estimated at RM47.86 billion in the conventional system and RM29.97 billion in Islamic funds.
The central bank will conduct one RM2 billion conventional money market tender for seven days, as well as, Qard tenders of RM3.7 billion for seven days and RM1.1 billion for 14 days.
It will also conduct reverse repo tenders or RM500 million for 30 days and RM1 billion for 62 days.
BNM announced that Reverse Repo, Sale and Buy Back Agreement (SBBA) transaction and Collateralised Commodity Murabahah (CCM) transaction facilities are also available for tenors of one to three months.
At 4 pm, BNM will conduct up to RM47.4 billion for conventional overnight tender and RM25.2 billion for Murabahah overnight tender.