LATEST NEWS   ACLE: Chengdu Rongcheng 0-2 JDT | TNG Digital appoints Datuk Syed Zaid Albar chairman effective Oct 17 | Malaysia intends to reinforce ASEAN’s central role in guiding the implementation of RCEP during the upcoming 5th RCEP Leaders' Meeting - PM Anwar | Malaysia wants RCEP to serve not just the interests of large multinational corporations, but also to deliver concrete benefits to local SMEs, workers, and communities - PM Anwar | RCEP represents far more than an economic arrangement; it is a strategic affirmation that open regionalism remains our pathway to shared prosperity - PM Anwar | 

Short-term Rates To Remain Stable On BNM Operations

KUALA LUMPUR, April 29 (Bernama) -- 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 RM31.53 billion in the conventional system and RM23.02 billion in the Islamic funds.

Today, BNM will conduct two reverse repo tenders, RM2.8 billion for seven days and RM1.0 billion for 91 days, as well as two Islamic reverse repo tenders (sell and buy-back agreement) of RM280 million for seven days and RM350 million for 91 days.

It also 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 up to RM35.3 billion in a conventional overnight tender and RM23.7 billion in a murabahah overnight tender.

-- BERNAMA