KUALA LUMPUR, March 17 — Short-term rates are expected to remain stable today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
Liquidity is estimated at RM32.42 billion in the conventional system and RM22.07 billion in Islamic funds.
Today, the central bank will conduct two reverse repo tenders, comprising a RM3.0 billion tender for seven days and RM2.4 billion tender for 31 days.
BNM has also called for a RM2.0 billion overnight reverse repo tender for two days and an Islamic reverse repo tender of RM500 million for seven days.
Additionally, it has announced the availability of reverse repo, sell-and-buy-back agreements, and collateralised commodity murabahah facilities with tenors of one week, one month, and three months.
At 4 pm, BNM will conduct a conventional overnight tender of up to RM39.8 billion and a murabahah overnight tender of up to RM23.0 billion.
— Bernama
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