<h1>India Auctions Government Securities Worth Rs. 26,000 Crore; Includes New Issue and Re-Issues for 2023, 2030, and 2061.</h1> The Government of India announced the auction for the sale and re-issue of three government securities: a New Government Security, 2023 for Rs. 3,000 crore, 5.85% Government Security, 2030 for Rs. 14,000 crore, and 6.76% Government Security, 2061 for Rs. 9,000 crore. The Reserve Bank of India will conduct the auctions on May 14, 2021, using a multiple price method. Up to 5% of the securities will be reserved for eligible individuals and institutions under a non-competitive bidding scheme. Results will be declared on the auction day, with payments due by May 17, 2021.