<h1>India to Auction Government Securities Worth Rs. 30,000 Crore, Results Announced June 12, Payments Due June 15.</h1> The Government of India announced the sale of three government securities: a new stock maturing in 2025 for Rs. 12,000 crore, a re-issued 6.19% stock maturing in 2034 for Rs. 11,000 crore, and a re-issued 7.16% stock maturing in 2050 for Rs. 7,000 crore. The Reserve Bank of India will conduct the auctions on June 12, 2020, using a multiple price method. The government may retain an additional Rs. 2,000 crore in subscriptions. Up to 5% of the sale will be allocated to eligible individuals and institutions. Results will be announced on June 12, with payments due by June 15, 2020.