Malaysia: Short-term rates stable

• Jan 26, 2021

KUALA LUMPUR: Short-term interbank rates closed stable yesterday on Bank Negara’s operations to absorb surplus liquidity from the financial system.

The liquidity in the conventional system increased marginally to RM36.2bil from RM35.73bil in the morning, while in the Islamic system, it fell to RM19.6bil from RM28.03bil.

Earlier yesterday, Bank Negara conducted two conventional money market tenders, one Islamic range maturity auction Qard tender and a Commodity Murabahah Programme tender. — Bernama