What was the trend in conventional and Islamic liquidity today?

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Conventional System Liquidity Increased While Islamic System Liquidity Decreased Today

The conventional financial system experienced an increase in liquidity, reaching RM39.58 billion by the end of the day, up from RM39.40 billion recorded earlier in the morning. Conversely, liquidity within the Islamic funds segment saw a notable decline, falling to RM22.40 billion from RM28.48 billion previously. These movements occurred amidst Bank Negara Malaysia's (BNM) liquidity absorption operations aimed at stabilising short-term interbank rates.
Conventional Liquidity Trend

Liquidity in the conventional system saw a marginal increase, closing at RM39.58 billion. This followed an earlier figure of RM39.40 billion, indicating a slight build-up of available funds within the conventional banking sector. Bank Negara Malaysia conducted various tenders throughout the day to manage this liquidity.
Islamic Liquidity Trend

In contrast, the Islamic funds segment experienced a significant reduction in liquidity, ending the day at RM22.40 billion. This represents a decrease from RM28.48 billion earlier in the day. BNM's operations also targeted the Islamic money market to manage this reduced liquidity.
Bank Negara Malaysia's Operations

Bank Negara Malaysia actively engaged in monetary operations to manage the liquidity levels. These operations included two Qard tenders, two reverse repo tenders, and a Bank Negara Interbank Bills Islamic (BNIBI) tender. Additionally, BNM made available reverse repo, sale and buy-back agreements, and collateralised commodity Murabahah facilities for tenors ranging from one to three months.
Money Market Tender Details

As of 4 pm, BNM issued tenders for both conventional and Islamic money markets. A RM39.6 billion conventional money market tender and a RM22.4 billion Murabahah money market tender were called, both for one-day maturities. These tenders are part of the central bank's strategy to maintain stability in short-term interest rates by absorbing or injecting liquidity as needed.

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What was the trend in conventional and Islamic liquidity today?

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