Short-term Money Market Deposit
Non-collaterised, interest bearing deposit placed with the Bank for a fixed period of time and at a contracted rate.
Bankers Acceptance (Secondary)
A bankers acceptance is a time draft drawn on, and accepted by a bank. BA offers a relatively secured and liquid investment coupled with an attractive rate of return.
Commercial Papers (CP)
CP’s are short-term debt instruments issued by companies, cooperatives and government or state agencies for financing working capital requirements, financing of projects or refinancing or repayment of loans.
Negotiable Instrument of Deposit (NID)
NID are promissory notes issued and guaranteed by licensed banking institutions approved by BNM such as commercial and investment banks. They are time deposit certificate issued in bearer form similar to FD but in larger denomination and can be sold to other parties .
Short-term Government Securities
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Malaysian Treasury Bills
MTB are short term marketable debt instrument issues by Malaysian Government through BNM to raise fund to finance Government’s working capital.
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BNM Notes
BNM Notes on the other hand issued by BNM as a monetary tool to mop-up excess liquidity from the banking system