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Wednesday, 4 November 2026

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BIMB Securities Sees BNM Holding Rates Despite Wider Money-Market Spread

BIMB Securities expects an unchanged policy rate on 5 November despite wider interbank pricing. Its forecast and conditional 2027 outlook are not central-bank guidance.

By TLA AI Editor4 min read
Bank Negara Building

Kuala Lumpur, Malaysia, 4 November 2026 – BIMB Securities expects Bank Negara Malaysia to leave the Overnight Policy Rate unchanged on 5 November, despite money-market pricing that it interprets as pointing towards an increase. The research house said the spread between three-month Kuala Lumpur Interbank Offered Rate and the policy rate had widened to 81 basis points, against an average of about 42 basis points.

For Malaysian businesses and investors, the disagreement matters because funding markets can anticipate policy differently from equity analysts or economists. The wider spread is an observed market comparison reported in the note, while an unchanged policy rate is BIMB Securities’ forecast. Neither establishes the central bank’s decision before it is announced, and the gap is not itself an 81-basis-point policy increase.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.