Negara called for a RM37.80bil conventional money market tender and a RM33.10bil murabahah money market tender.
KUALA LUMPUR: Short-term interbank rates closed steady today on Bank Negara Malaysia’s operations to absorb surplus liquidity from the financial system.
Liquidity in the conventional system slipped to RM37.84bil from RM41.04bil yesterday morning, while liquidity in Islamic funds fell to RM33.12bil from RM33.79bil.
Earlier, the central bank called for two conventional money market tenders, two reverse repo tenders and one qard tender.
It also announced the availability of reverse repo, sale and buy-back agreements, as well as collateralised commodity murabahah facilities for one- and three-month tenors.
At 4pm, Bank Negara called for a RM37.80bil conventional money market tender and a RM33.10bil murabahah money market tender, both for one-day money.
The Malaysia Islamic Overnight Rate stood at 3% as of Jan 3. — Bernama
