RBI announces no transactions and settlements in G-Sec, forex on Sept 8; Sept 5 holiday cancelled

The Reserve Bank of India (RBI) has announced that there will be no transactions and settlements in Government Securities, foreign exchange and money markets on Monday (September 8, 2025), as the Maharashtra Government has declared it a public holiday under Section 25 of the Negotiable Instruments Act, 1881.

Therefore, the public holiday on Friday (September 5, 2025), declared earlier, has been cancelled. “Accordingly, there will be no transactions and settlements in government securities, foreign exchange, money markets and rupee interest rate derivatives on Monday (September 8, 2025),” the RBI said.

The government securities market, foreign exchange market, money market and rupee interest rate derivatives market will now be operational on Friday (September 5, 2025), it said.

Settlement of all outstanding transactions due on Monday (September 8, 2025) will be postponed to the next working day, Tuesday (September 9, 2025), it added.

Settlement of the auction of Government of India Dated Securities conducted on Thursday (September 4, 2025) will take place on Tuesday (September 9, 2025).

The Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) windows under the Liquidity Adjustment Facility (LAF) will be available as per the revised holiday, the central bank said.

Accordingly, all the SDF and MSF bids placed on Thursday will be reversed on Friday (September 5, 2025). Further, the SDF and MSF windows will be available as usual on all days as per the extant guidelines, it added.