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<h1>India to Re-Issue Four Government Securities via Auction on May 22; Total Value Rs. 30,000 Crore.</h1> The Government of India announced the re-issue auction of four government securities: 5.09% GS 2022 for Rs. 3,000 crore, 5.79% GS 2030 for Rs. 18,000 crore, GoI Floating Rate Bonds 2031 for Rs. 4,000 crore, and 7.19% GS 2060 for Rs. 5,000 crore. The Reserve Bank of India will conduct the auctions on May 22, 2020, using a multiple price method. The government may retain an additional Rs. 2,000 crore subscription for any securities. Bids must be submitted electronically via the RBI Core Banking Solution system, with results announced the same day. Payment by successful bidders is due on May 26, 2020.