<h1>India to Auction Government Securities Worth Rs. 24,000 Crore; Bids Open on October 1, 2021.</h1> The Government of India announced the sale and re-issue of three government securities: the New GoI Floating Rate Bonds 2028 for Rs. 4,000 crore, the 6.10% Government Security 2031 for Rs. 13,000 crore, and the 6.76% Government Security 2061 for Rs. 7,000 crore. Auctions will be conducted by the Reserve Bank of India on October 1, 2021, with options to retain additional subscriptions up to Rs. 2,000 crore. Up to 5% of the sale will be allotted to eligible individuals and institutions. Bids are submitted electronically, and results will be announced the same day, with payments due by October 4, 2021.