The Reserve Bank of India released its money market operations data for July 6, 2026. The overnight segment recorded a combined volume of ₹6,85,433 crore. The weighted average rate stood at 5.14%, with rates ranging between 2.50% and 5.50%.
Key Money Market Operations Data
Call Money transactions totalled ₹17,791 crore at a weighted average rate of 5.25%. Meanwhile, Triparty Repo dominated overnight volumes at ₹4,85,626 crore, with a rate of 5.14%. Market Repo added ₹1,75,624 crore at 5.12%, while Repo in Corporate Bonds contributed ₹6,393 crore at a higher rate of 5.32%.
In the term segment, Notice Money saw ₹147 crore at 5.16%. Additionally, Term Money transactions reached ₹1,570 crore, with rates ranging from 5.25% to 6.00%. Term Triparty Repo accounted for ₹2,617 crore at 5.15%.
RBI Liquidity Operations and Reserve Position
On July 6, the RBI conducted a variable rate repo operation of ₹14,600 crore for a 3-day tenor at a cut-off rate of 5.26%. Banks also accessed the Marginal Standing Facility (MSF) for ₹5,737 crore at 5.50%. As a result, the RBI absorbed ₹1,49,525 crore through the Standing Deposit Facility (SDF) at 5.00%.
Therefore, the net liquidity position from today’s operations stood at a net absorption of ₹1,29,188 crore. However, the Standing Liquidity Facility (SLF) availed from the RBI added ₹10,084 crore. Overall, the net liquidity injected, including outstanding operations, reflected a net absorption of ₹1,19,104 crore.
Scheduled commercial banks held cash balances of ₹8,27,395 crore with the RBI as of July 6, 2026. The average daily cash reserve requirement for the fortnight ending July 15, 2026 was ₹7,98,115 crore. Additionally, the net durable liquidity surplus stood at ₹4,82,130 crore as of June 15, 2026. The Government of India surplus cash balance reckoned for auction was ₹14,600 crore on the same date.
These money market operations figures reflect the RBI’s ongoing efforts to manage system liquidity effectively. For more details, refer to the official RBI press release.
Source: RBI Press Releases
