Bank Negara Negotiable Notes-i 

  • A short-term instrument issued by the Central Bank.
  • Structured based on the concept of Bai Al-Inah and can be traded in the Islamic Money Market (IMM) secondary market based on the concept of Bai Al-Dayn.
  • A monetary policy instrument.
  • Traded on a discounted basis and payable at face value on maturity.
  • Tenure up to 6 months.
  • High liquidity in secondary market.
  • No credit risk.