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BUSINESS • 08/01/2025 05:09 PM

Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, Jan 8 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

Liquidity in the conventional system rose to RM24.80 billion from RM19.64 billion this morning, while liquidity in Islamic funds slid to RM25.40 billion from RM25.10 billion previously. 

Earlier today, the central bank conducted two reverse repo tenders: an Islamic reverse repo tender (SBBA) as well as an overnight reverse repo tender. 

At 4 pm, it called for a RM24.80 billion conventional money market tender and a RM25.40 billion Murabahah money market tender, both for one-day maturities. 

The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.00 per cent as of Jan 7.

-- BERNAMA 

 

 

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