EnglishGovernansPilihan Editor

Short-Term Rates End Stable On BNM’s Operations

Short-term interbank rates closed steady today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

Liquidity in the conventional system eased to RM40.82 billion from RM44.44 billion this morning while Islamic funds fell to RM20.87 billion from RM22.33 billion previously.

The central bank had earlier called for two conventional money market tenders and two Commodity Murabahah programme tenders.

At 4pm, it called for a RM40.8 billion conventional money market tender and a RM20.4 billion Murabahah money market tender, both for one-day money.

BacalahMalaysia Team

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