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 RM55.20 bil in the conventional system and RM34.19 bil in Islamic funds.
BNM announced that Reverse Repo, Sale and Buy Back Agreement (SBBA) transaction and Collateralised Commodity Murabahah (CCM) transaction facilities are also available for tenors of 1-3 months.
At 4pm, BNM will conduct up to RM53.2 bil for conventional overnight tender and RM28.4 bil for Murabahah overnight tender. – April 6, 2020, Bernama
