The Reserve Bank of India released its latest money market and liquidity operations data on Wednesday, July 1, 2026, reporting overnight money market volume of ₹6,17,738.78 crore. The figures were published in RBI Press Release 2026-2027/581 and are stated in ₹ crore, with rates given in per cent.
The weighted average rate for the overall overnight segment stood at 5.38 per cent. The reported rate range across the overnight segment was 4.00 per cent to 6.00 per cent.
Overnight money market details
The largest part of the overnight segment was triparty repo, with volume of ₹4,33,193.50 crore. Its weighted average rate was 5.39 per cent, with deals reported in the range of 5.26 per cent to 5.75 per cent.
Market repo volume was ₹1,62,817.97 crore. The weighted average rate for this segment was 5.32 per cent, and the rate range was 4.00 per cent to 5.65 per cent.
Call money transactions stood at ₹12,288.36 crore. The weighted average rate in call money was 5.43 per cent, with a range of 4.20 per cent to 5.65 per cent.
Repo in corporate bond accounted for ₹9,438.95 crore in the overnight segment. Its weighted average rate was 5.67 per cent, and the reported range was 5.45 per cent to 6.00 per cent.
Term segment activity
In the term segment, notice money volume was ₹50.50 crore. The weighted average rate was 5.27 per cent, with transactions reported between 4.90 per cent and 5.41 per cent. The RBI note defines notice money as uncollateralized transactions of 2 to 14 days tenor.
Term money volume was ₹1,165.00 crore. No weighted average rate was listed for this item, while the reported rate range was 5.50 per cent to 6.35 per cent. The release states that term money relates to uncollateralized transactions of 15 days to one year tenor.
Triparty repo in the term segment recorded volume of ₹19,790.00 crore. Its weighted average rate was 5.68 per cent, with the range at 5.55 per cent to 5.80 per cent. The release showed no transactions for term market repo and term repo in corporate bond.
RBI liquidity operations
Under the RBI operations section, the release listed a one-day variable rate repo operation auctioned on June 30, 2026, maturing on July 1, 2026. The amount was ₹69,413.00 crore, with the current or cut-off rate shown at 5.26 per cent.
The Marginal Standing Facility entry for the same one-day period showed ₹8,273.00 crore at 5.50 per cent. The Standing Deposit Facility entry showed ₹2,76,671.00 crore at 5.00 per cent.
For these operations, the RBI reported net liquidity injected from today’s operations at minus ₹1,98,985.00 crore. In the release, net liquidity is calculated as repo plus MSF plus SLF minus reverse repo minus SDF. A negative figure indicates absorption under that calculation.
The outstanding operations section included a variable rate repo operation auctioned on June 29, 2026, with a two-day tenor and maturity on July 1, 2026. The amount was ₹75,021.00 crore, with the rate shown at 5.26 per cent.
The Standing Liquidity Facility availed from the RBI was ₹11,386.51 crore. Net liquidity injected from outstanding operations was ₹86,407.51 crore. Taking outstanding operations together with the day’s operations, net liquidity injected was reported at minus ₹1,12,577.49 crore.
Reserve position
The release also provided reserve position data. Cash balances of scheduled commercial banks with the RBI stood at ₹7,94,865.05 crore as on June 30, 2026. The average daily cash reserve requirement for the fortnight ending June 30, 2026, was ₹8,01,069.00 crore.
The Government of India surplus cash balance reckoned for auction as on June 30, 2026, was ₹69,413.00 crore. Net durable liquidity was shown as a surplus of ₹4,82,130.00 crore as on June 15, 2026.
The RBI stated that the money market and reserve position data are based on information from the Reserve Bank of India and the Clearing Corporation of India Limited. The press release was issued by Ajit Prasad, Deputy General Manager, Communications.
Source: Reserve Bank of India Press Releases.