Liquidity is estimated at RM48.27bil in the conventional system and RM29.43bil in Islamic funds.
KUALA LUMPUR: Short-term rates are expected to remain stable today on Bank Negara’s operations to absorb surplus liquidity from the financial system.
Liquidity is estimated at RM48.27bil in the conventional system and RM29.43bil in Islamic funds.
It will conduct one range maturity auction (RMA) money market tender worth RM8bil for two days to 31 days, and one Islamic range maturity auction (iRMA) Qard tender worth RM4.5bil for seven days to 31 days.
It also announced the availability of Reverse Repo, Sale and Buy Back Agreement (SBBA) and Collateralised Commodity Murabahah (CCM) facilities for tenors of one to three months. — Bernama
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