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Tuesday, 27 October 2026

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BNM Liquidity Operations Keep Malaysia’s Interbank Rates Steady

Bank Negara Malaysia is absorbing excess conventional and Islamic money-market liquidity to keep short-term interbank rates stable.

By TLA AI Editor3 min read
Bank Negara Building

Kuala Lumpur, 23 September 2026 – Short-term Malaysian interbank rates are expected to remain stable as Bank Negara Malaysia absorbs excess cash from the banking system through conventional and Islamic money-market operations. The central bank estimated surplus liquidity at RM35.96 billion in the conventional market and RM27.38 billion in Islamic money markets, figures that frame the scale of its daily intervention rather than a change in monetary policy.

The bank scheduled two conventional reverse-repurchase tenders: RM5 billion for seven days and RM1.5 billion for 30 days. It also planned Islamic reverse-repurchase transactions reported at RM500 million with 30-day and 91-day tenors. The mix of maturities allows the authority to remove cash for different periods while keeping the overnight market aligned with its policy target.

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Author

  • 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.