KUALA LUMPUR, June 14 (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 decreased to RM47.71 billion from RM54.65 billion this morning, while liquidity in Islamic funds increased to RM14.51 billion from RM12.55 billion previously.
Earlier today, the central bank conducted a reverse repo tender.
It also announced the availability of reverse repo, sale and buy-back agreements, and collateralised commodity Murabahah facilities for tenors of one to three months.
At 4 pm, the central bank called for a RM47.7 billion conventional money market tender for four-day money and a RM14.5 billion Murabahah money market tender for one-day money.
The Malaysia Islamic Overnight Rate (MYOR-i) remained at 3.03 per cent as of June 13.
-- BERNAMA
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