KUALA LUMPUR — Short-term interbank rates held steady on November 10 following Bank Negara Malaysia’s (BNM) operations in the financial system, as liquidity increased in the conventional banking system but declined in the Islamic segment.
Conventional liquidity rose to RM40.80 billion from RM26.89 billion earlier in the morning. Islamic liquidity stood at RM26.10 billion, down from RM33.72 billion previously.
The movements represented an increase of RM13.91 billion in the conventional system and a reduction of RM7.62 billion in the Islamic system. Combined liquidity totalled RM66.90 billion, compared with RM60.61 billion at the earlier readings.
BNM had conducted two reverse repo tenders earlier in the day. It also revised its conventional overnight tender to RM40.80 billion from RM40.10 billion, an increase of RM700 million.
At 4pm, the central bank offered a conventional money market tender of RM40.80 billion alongside a murabahah money market tender of RM26.10 billion. Both were for a one-day period.
The tender amounts matched the respective liquidity figures reported for the conventional and Islamic systems.
The Malaysia Islamic Overnight Rate (MYOR-i) stood at 2.75 per cent as at November 6, 2026, preceding the November 10 operations. — Sarawak Daily
