KUALA LUMPUR, Sept 27 — Short-term interbank rates closed stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

Liquidity in the conventional system fell to RM44.03 billion from RM46.21 billion this morning, and Islamic funds’ liquidity was marginally lower at RM17.02 billion from RM17.45 billion previously.

Earlier today, the central bank called for two conventional money market tenders, two reverse repo tenders, and a Bank Negara Interbank Bills tender.

It also announced the availability of reverse repo, sale and buy-back agreements and Collateralised Commodity Murabahah facilities for one-month and three-month tenors.

At 4 pm, BNM called for a RM44 billion conventional money market tender and a RM17 billion Murabahah money market tender, both for two-day money.

The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.01 per cent as of Sept 26. — Bernama