SHORT-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
Today’s liquidity is estimated at RM30.91 bil in the conventional system and RM19.52 bil in Islamic funds.
The central bank will conduct a range maturity auction (RMA) tender worth RM5 bil for 21 days and an Islamic range maturity auction (iRMA) Qard tender valued at RM4.5 bil for 21 days.
At 4pm, the BNM will conduct up to RM25.9 bil for conventional overnight tender and RM15 bil for Murabahah overnight tender. – March 02, 2020, Bernama