Short-term rates are anticipated to remain steady today, backed by Bank Negara Malaysia’s (BNM) efforts to absorb excess liquidity from the financial system.
Excess liquidity is estimated at RM22.94 billion in the conventional system and RM16.37 billion in Islamic funds.
Pada hari ini, bank pusat itu akan mengendalikan dua tender pasaran wang konvensional bernilai RM300 juta, masing-masing bagi tempoh tujuh hari dan 14 hari, tender Qard bernilai RM300 juta untuk tujuh hari dan dua tender repo berbalik bernilai RM1 bilion selama 31 hari dan 91 hari.
Today, the central bank will conduct two conventional money market tenders worth RM300 million, each for seven days, 14 days, a Qard tender worth RM300 million for seven days, and two reverse repo tenders worth RM1 billion each for 31 days and 91 days.
Additionally, BNM announced the availability of reverse repos, buyback agreements, and Commodity Murabahah facilities for one and three-month periods.
At 4 pm, the central bank will hold overnight tenders, with reserves to reject bank bids if liquidity positions are not reported before the deadline.
