KUALA LUMPUR, Aug 26 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) interventions to absorb surplus liquidity from the financial system.
Today’s liquidity is estimated at RM36.78 billion in the conventional system and RM16.54 billion in Islamic funds.
BNM will conduct a RM5 billion range maturity auction money market tender for two to 33 days, as well as a RM1.5 billion Qard tender for seven to 33 days.
It has 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 RM31.8 billion conventional overnight tender and RM15 billion for murabahah overnight tender.
— Bernama
