KUALA LUMPUR, April 22 (Bernama) -- 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 RM20.25 billion from RM22.94 billion billion this morning, while liquidity in Islamic funds shrank to RM14.45 billion from RM16.37 billion previously.
Earlier today, the central bank conducted two conventional money market tenders, one Qard tender and two reverse repo tenders.
BNM also announced the availability of reverse repo, sale and buy-back agreements, and collateralised commodity Murabahah facilities of one- and three-month tenors.
At 4 pm, it called for a RM20.20 billion conventional money market tender and a RM14.40 billion Murabahah money market tender, both for one-day money.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.00 per cent as of April 19.
-- BERNAMA
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