<h1>India to Re-Issue Four Government Securities via Auction on October 23, 2020; Payments Due October 26, 2020.</h1> The Government of India announced the re-issue auction of four government securities with varying maturity dates and interest rates: 5.09% GS 2022 for Rs. 3,000 crore, 5.22% GS 2025 for Rs. 12,000 crore, 5.77% GS 2030 for Rs. 9,000 crore, and 6.80% GS 2060 for Rs. 7,000 crore. The Reserve Bank of India will conduct the auctions on October 23, 2020, using a multiple price method. Up to 5% of each stock will be allocated to eligible individuals and institutions through non-competitive bidding. Results will be announced the same day, with payments due by October 26, 2020.