KUALA LUMPUR, Dec 16 — 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 RM368.64 billion in the conventional system and RM16.53 billion in Islamic funds.
BNM will conduct one range maturity auction (RMA) worth RM4 billion for two to 33 days, one Islamic range maturity auction Qard tender valued at RM2.5 billion for six to 33 days.
It will also conduct one reverse repo tender worth RM670 million for 33 days.
The central bank also announced the availability of Reverse Repo, Sale and Buy Back Agreement (SBBA) and Collateralised Commodity Murabahah (CCM) facilities for tenors of one to three months.
At 4pm, BNM will conduct up to RM35.3billion conventional overnight tender and RM14.0billion for Murabahah overnight tender.
— Bernama
