KUALA LUMPUR: Short-term interbank rates closed steady yesterday on Bank Negara’s operations to absorb surplus liquidity from the financial system.

       Liquidity in the conventional system fell to RM40bil from RM45.68bil in the morning while for Islamic funds, it eased to RM23.81bil from RM27.43bil previously.

       Earlier, the central bank called for three conventional money market tenders and an Islamic range maturity auction Qard tender.

       At 4pm, Bank Negara called for a RM40bil conventional money market tender and a RM23.4bil murabahah money market tender, both for one-day money. — Bernama