Money Market Operations as on February 07, 2026

**Executive Summary** This press release from the Reserve Bank of India (RBI), dated February 09, 2026, provides details on the money market operations as of February 07, 2026. It covers overnight and term segments, RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), Standing Deposit Facility (SDF), Standing Liquidity Facility (SLF), and the cash reserve position of scheduled commercial banks. The data includes volumes, weighted average rates, ranges, auction dates, tenor, maturity dates, amounts, and current rates/cutoff rates for various operations. **Key Points / Main Content** * **Money Markets:** * **Overnight Segment:** Total volume is ₹8,592.01 Crore with a weighted average rate of 4.14% (range: 3.05-5.10%). * Call Money: ₹865.45 Crore (4.55%, 4.00-5.10%) * Triparty Repo: ₹7,580.90 Crore (4.10%, 3.25-5.05%) * Market Repo: ₹145.66 Crore (3.36%, 3.05-3.60%) * Repo in Corporate Bond: ₹0.00 Crore * **Term Segment:** All values are ₹0.00 Crore * Notice Money * Term Money * Triparty Repo * Market Repo * Repo in Corporate Bond * **RBI Operations (Today's Operations):** * **Variable Rate:** * **Repo Operation:** Sat, 07/02/2026; 1 Day; Sun, 08/02/2026; ₹75.00 Crore; 5.50% * **Reverse Repo Operation:** Sat, 07/02/2026; 2 Day; Mon, 09/02/2026; ₹0.00 Crore; 5.50% * **MSF:** Sat, 07/02/2026; 1 Day; Sun, 08/02/2026; ₹3,78,260.00 Crore; 5.00% * **SDFA:** Sat, 07/02/2026; 2 Day; Mon, 09/02/2026; ₹15,890.00 Crore; 5.00% * **Net Liquidity:** Net liquidity injected (absorption): -₹3,94,075.00 Crore. * **RBI Operations (Outstanding Operations):** * **Variable Rate:** * **Repo Operation:** Fri, 30/01/2026; 90 Days; Thu, 30/04/2026; ₹25,004.00 Crore; 5.34% * **Repo Operation:** Fri, 30/01/2026; 90 Days; Thu, 30/04/2026; ₹1,06,500.00 Crore; 5.26% * **Reverse Repo Operation:** Fri, 06/02/2026; 2 Days; Sun, 08/02/2026; ₹0.00 Crore; 5.50% * **Reverse Repo Operation:** Fri, 06/02/2026; 3 Days; Mon, 09/02/2026; ₹700.00 Crore; 5.50% * **MSF:** Fri, 06/02/2026; 2 Days; Sun, 08/02/2026; ₹0.00 Crore; 5.00% * **SDFA:** Fri, 06/02/2026; 3 Days; Mon, 09/02/2026; ₹56,951.00 Crore; 5.00% * **SLF:** ₹9,031.48 Crore * **Net Liquidity:** Net liquidity injected (absorption): ₹84,284.48 Crore * **Net Liquidity (Total):** Net liquidity injected (absorption, including today's operations): -₹3,09,790.52 Crore * **Reserve Position of Scheduled Commercial Banks:** * Cash balances with RBI (as of Feb 07, 2026): ₹7,41,636.72 Crore * Average daily cash reserve requirement (for the fortnight ending Feb 15, 2026): ₹7,52,476.00 Crore * Government of India Surplus Cash Balance (as of Feb 06, 2026): ₹0.00 Crore * Net durable liquidity (as of Jan 15, 2026): ₹3,44,836.00 Crore **Impact Analysis** **Scheduled Commercial Banks** * **Impact:** Banks need to manage their liquidity and cash reserves in accordance with the figures provided in the release. They are affected by the rates and amounts specified for various lending and borrowing facilities (LAF, MSF, SDF, SLF). * **Action Required:** Monitor and adjust their operations to comply with the RBI's guidelines and rates, ensuring sufficient cash reserves are maintained and optimally utilizing available liquidity facilities. **Government of India** * **Impact:** The Government is affected by the RBI's management of liquidity and the availability of surplus cash balances, which can impact borrowing costs and overall financial stability. * **Action Required:** Monitor the trends in liquidity and coordinate with the RBI as needed to ensure stable financial conditions. **Money Markets Participants** * **Impact:** Participants in the money markets are impacted by the rates and volumes in the overnight and term segments, as these determine the cost of short-term funding and investment opportunities. * **Action Required:** Track the RBI's operations and adjust their trading strategies to capitalize on market movements and manage interest rate risk.

Key Entities Referenced