Short-term rates to remain stable

KUALA LUMPUR, June 10 — Short-term interbank rates are expected to remain stable today as Bank Negara Malaysia (BNM) intervenes to absorb excess liquidity from the financial system.

Source from (The Malaysian Insider): http://www.themalaysianinsider.com/business/article/short-term-rates-to-remain-stable7/
Published: Jun 11, 2013

The central bank estimated today’s liquidity at RM28.84 billion in the conventional system and RM6.3 billion in Islamic funds.

Bank Negara will call for four conventional tenders—RM1 billion each for 14 days and 21 days, respectively, and RM2 billion each for seven days and 28 days.
 

The central bank will also conduct four Al-Wadiah tenders, comprising RM400 million for 21 days, RM700 million for 14 days and RM600 million for seven days and 28 days.

It will also call for a repo tender comprising RM600 million for 154 days.

At 4pm, Bank Negara will conduct up to RM22.3 billion in conventional overnight tenders and a RM4.1 billion Al-Wadiah overnight tender. – Bernama