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Short-term interbank rates end steady on Bank Negara operations

Short-term interbank rates end steady on Bank Negara operations

KUALA LUMPUR: Short-term interbank rates closed steady today following Bank Negara Malaysia's (BNM) operations to absorb surplus liquidity from the financial system.
Liquidity in the conventional system increased to RM26.99 billion from RM17.25 billion this morning, while liquidity in Islamic funds dropped to RM31.79 billion from RM33.21 billion previously.
Earlier today, the central bank conducted two reverse repo tenders and one overnight reverse repo tender.
It also announced the availability of reverse repo, sell and buy-back agreements, and collateralised commodity murabahah facilities with tenors of one week, one month and three months.
At 4 pm, BNM called for a RM27 billion conventional money market tender and a RM31.8 billion murabahah money market tender, both for one-day maturity.
BNM had revised the conventional overnight tender to RM27 billion from RM26.5 billion.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.00 per cent as of July 7, 2025.
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