- Short-term rates close stable on BNM's operations
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Short-term rates close stable on BNM's operations

Last update: 14/06/2018
KUALA LUMPUR, June 14 (Bernama) -- Short-term interbank rates closed stable today on Bank Negara Malaysia´s (BNM) operations to absorb excess liquidity from the financial system.

The surplus in the conventional system slid to RM30.99 billion from RM33.36 billion earlier, while in the Islamic system, it fell to RM7.18 billion from RM13.08 billion.

Earlier, BNM called for two conventional money market tenders, three Qard tenders and a repo tender.

BNM revised its conventional overnight tender to RM31.0 billion from RM28.2 billion earlier.

At 4 pm, the central bank conducted a RM31.0 billion conventional money market tender and a RM7.1 billion Qard money market tender, both for four-day money.....


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