<h1>India to Re-Issue Government Securities Auction Totaling Rs 19,000 Crore on April 30, 2020.</h1> The Government of India announced the re-issue auction of three government securities: 6.18% GS 2024 for Rs 9,000 crore, 7.57% GS 2033 for Rs 4,000 crore, and 7.16% GS 2050 for Rs 6,000 crore. The Reserve Bank of India will conduct the auctions using a multiple price method on April 30, 2020. The government may retain an additional Rs 2,000 crore subscription per security. Up to 5% of the stocks will be allotted to eligible individuals and institutions under the non-competitive bidding facility. Results will be announced the same day, with payments due by May 4, 2020.