Qualampur: After the bank Negara Malaysia (BNM) operations to absorb surplus liquidity from the financial system, the short -term rate is expected to remain stable today.
The liquidity in the banking system is estimated in the traditional market by RM34.88 billion and RM13.81 billion in Islamic funds.
Today, the Central Bank will operate three reverse repo tenders, which will include RM4.4 billion tenders for seven days, RM1.5 billion tenders for 30 days and RM1 billion tender for 91 days.
It will offer two Islamic reverse repo tenders, which keeps RM100 million for 30 days and RM600 million for 91 days.
Meanwhile, BNM has announced the availability of reverse repo, cell-byac-back agreements and collateral commodity Marabah features with maturity of one week, a month and three months.
At 4 pm, it will traditionally operate the RM 41.8 billion in the overnight tender and RM 14.8 billion in Marabah. – Bernma