Self-Ionization of Water
Water can act as a very weak acid and also as a very weak base. In a sample of water, a small number of water molecules undergo auto ionization. Half of them acting as an acid while the other half acting as a base. As a consequence small concentration of H3O+ and OH- are formed in water.
H2O + H2O ⇌ H3O+ + OH-

The constant, Kw, is called the dissociation constant or ionic product constant of water. The value of Kw at 298 K has been determined from the measurement of electrical conductivity of carefully purified water and has been found to be 1.0 × 10–14 mol2 dm-6.
Since the concentrations of H3O+ and OH- ions is equal
[H3O+] = [OH-] = 1.0 × 10-7 mol dm-3 at 298 K