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 was slightly higher at RM36.82 billion from RM36.80 billion this morning while Islamic funds’ liquidity decreased to RM18.17 billion from RM19.99 billion previously.
Earlier, the central bank conducted one conventional money market tender, one Qard tender and two reverse repo tenders.
It also announced the availability of reverse repo, sale and buy-back agreements and collateralised commodity Murabahah facilities for tenors of one to three months.
At 4pm, BNM called for a RM36.80 billion conventional money market tender and a RM18.20 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 September 1.
