KUALA LUMPUR: Short-term rates are expected to remain stable today on Bank Negara Malaysia's (BNM) operations to absorb surplus liquidity from the financial system.
Liquidity is estimated at RM30.66 billion in the conventional system and RM18.63 billion in Islamic funds.
Today, the central bank will conduct three reverse repo tenders comprising a RM2 billion tender for seven days, a RM1.5 billion tender for 31 days and RM1.2 billion for 92 days.
Additionally, BNM has announced the availability of reverse repo, SBBA and collateralised commodity murabahah facilities with tenors of one week, one month and three months.
At 4 pm, BNM will conduct up to RM35.4 billion conventional overnight tender and RM18.6 billion for murabahah overnight tender