Bank Negara releases RM16b liquidity into banking system

KUALA LUMPUR: Banking institutions can use Malaysian Government Securities (MGS) and Malaysian Government Investment Issue (MGII) to meet the Statutory Reserve Requirement (SRR) compliance with effect from May 16.

Bank Negara Malaysia said on Tuesday this would release RM16bil worth of liquidity into the banking system. This flexibility is available until May 31,2021.

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Bank Negara , SRR , MGS , MGII , OPR


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