MARKET • 16/07/2026 10:03 AM

Short-term Rates Set To Remain Stable On BNM Operations

KUALA LUMPUR, July 16 (Bernama) -- Short-term rates are expected to remain stable today, supported by Bank Negara Malaysia’s operations to absorb excess liquidity in the financial system.

Liquidity in the banking system is estimated at RM46.92 billion in the conventional market and RM11.91 billion in the Islamic money market.

BNM will conduct two reverse repo tenders, comprising of RM5.0 billion for seven days and RM900 million for 32 days.

It will also conduct two Islamic reverse repo tenders (collateralised commodity murabahah), comprising RM600 million for seven days and RM500 million for 32 days, alongside an Islamic reverse repo tender (sell-and-buy-back agreement) of RM600 million for seven days.

BNM also announced the availability of reverse repo, sell-and-buy-back agreement and collateralised commodity murabahah facilities with tenors of one week, one month and three months.

At 4 pm, BNM will conduct conventional overnight tenders totalling up to RM52.8 billion and a murabahah overnight tender of up to RM13.4 billion.