<h1>India to Re-Issue Rs. 16,000 Crore in Government Securities; Auctions on December 13, 2019, by RBI.</h1> The Government of India announced the re-issue sale of four government securities: 6.18% GS 2024 for Rs. 4,000 crore, 7.57% GS 2033 for Rs. 6,000 crore, 7.69% GS 2043 for Rs. 2,000 crore, and 7.72% GS 2049 for Rs. 4,000 crore. The total notified amount is Rs. 16,000 crore, with an option to retain an additional Rs. 1,000 crore for any security. The Reserve Bank of India will conduct the auctions on December 13, 2019, using a multiple price method. Up to 5% of the sale is reserved for eligible individuals and institutions under a non-competitive bidding facility.