The Reserve Bank of India released its daily money market and liquidity data on July 3, 2026, giving details of activity in overnight and term money markets, along with the central bank’s liquidity operations. The figures are reported in ₹ crore, while rates are given in per cent.
According to the release, the total overnight money market volume stood at ₹6,77,082.16 crore. The weighted average rate for the overnight segment was 5.11 per cent, with the reported rate range at 0.01 per cent to 5.98 per cent.
Overnight money market activity
The largest component of the overnight segment was triparty repo, with volume of ₹4,77,507.90 crore. Its weighted average rate was 5.10 per cent, and the rate range was 4.86 per cent to 5.20 per cent.
Market repo volume was ₹1,76,028.10 crore, also with a weighted average rate of 5.10 per cent. The reported range for market repo was 0.01 per cent to 5.98 per cent.
Call money transactions totalled ₹16,996.11 crore. The weighted average rate in this segment was 5.27 per cent, with rates ranging from 4.20 per cent to 5.35 per cent. Repo in corporate bond recorded volume of ₹6,550.05 crore, a weighted average rate of 5.36 per cent, and a rate range of 5.34 per cent to 5.50 per cent.
Term segment details
In the term segment, notice money volume was ₹223.40 crore. The weighted average rate was 5.24 per cent, with a range of 4.85 per cent to 5.32 per cent. Notice money refers to uncollateralised transactions with a tenor of 2 to 14 days, as stated in the RBI release.
Term money volume was ₹1,874.75 crore. The release did not provide a weighted average rate for this category, but the rate range was 5.40 per cent to 5.75 per cent. Term money relates to uncollateralised transactions with tenors from 15 days to one year.
Triparty repo in the term segment stood at ₹3,138.00 crore, with a weighted average rate of 5.14 per cent and a range of 5.10 per cent to 5.25 per cent. Market repo in this segment was ₹504.06 crore, with a weighted average rate of 5.29 per cent and a range of 4.50 per cent to 5.35 per cent. Repo in corporate bond showed no transaction in the term segment.
RBI liquidity operations
Under the RBI’s daily operations, the Marginal Standing Facility amount was ₹93.00 crore for a one-day tenor from July 2, 2026, maturing on July 3, 2026. The current rate was 5.50 per cent.
The Standing Deposit Facility amount was ₹1,40,619.00 crore for the same one-day period, with a current rate of 5.00 per cent. The RBI reported net liquidity from today’s operations at minus ₹1,40,526.00 crore. In the release, a positive number indicates injection and a negative number indicates absorption.
For outstanding operations, the release listed a variable rate repo operation dated July 1, 2026, with a two-day tenor maturing on July 3, 2026. The amount was ₹29,695.00 crore, with a cut-off rate of 5.26 per cent.
Standing Liquidity Facility availed from the RBI was ₹11,358.82 crore. Net liquidity injected from outstanding operations was ₹41,053.82 crore. After including today’s operations, the overall net liquidity figure was minus ₹99,472.18 crore.
Reserve position
The RBI also reported the cash reserve position of scheduled commercial banks. Cash balances with the RBI as of July 2, 2026, were ₹8,64,285.90 crore. The average daily cash reserve requirement for the fortnight ending July 15, 2026, was ₹7,98,115.00 crore.
The Government of India surplus cash balance reckoned for auction as of July 2, 2026, was reported as ₹0.00 crore. Net durable liquidity, shown as surplus or deficit, was ₹4,82,130.00 crore as of June 15, 2026.
The release identified the data as based on the Reserve Bank of India and the Clearing Corporation of India Limited. It was issued as Press Release 2026-2027/598 and carried the name of Ajit Prasad, Deputy General Manager in Communications.
Source: Reserve Bank of India Press Releases.
