28 Apr, 2021 09:00 am

Short-term rates close stable on BNM’s operations

Short-term rates close stable on BNM’s operations
KUALA LUMPUR, April 28 — 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 eased to RM38.55 billion from RM41.92 billion this morning, while in the Islamic system,...

Earlier today, the central bank called for one range maturity auction money market tender, a repo tender and two Qard tenders.4 billion conventional money market tender and a RM14.7 billion Murabahah money market tender, both for two-day monies.The central bank has also revised the conventional overnight tender from RM34.

4 billion and Murabahah overnight tender from RM14.BNM has also announced the availability of reverse repo, sale and buy-back agreement, and collateralised commodity Murabahah facilities for tenors of one to three months.

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