<h1>India to Repurchase Rs. 10,000 Crore Government Securities Maturing in 2017 via Reverse Auction on March 9.</h1> The Government of India plans to repurchase government securities through a reverse auction for a total amount of Rs. 10,000 crore. This repurchase includes securities maturing in 2017, specifically on April 16, July 3, July 9, and August 28. The initiative aims to redeem these stocks prematurely using surplus cash balances and is considered ad hoc. The auction will follow a price-based, multiple price method, with electronic bids submitted via the Reserve Bank of India's E-Kuber system on March 9, 2017. Results will be announced the same day.