<h1>India Announces Auction of Government Securities Worth Rs. 30,000 Crore with Additional Retention Option; Bids Due December 16.</h1> The Government of India announced the sale and re-issue of four government securities through auctions conducted by the Reserve Bank of India on December 16, 2022. The securities include 6.69% GS 2024 for Rs. 4,000 Crore, 7.10% GS 2029 for Rs. 6,000 Crore, a new GS 2036 for Rs. 11,000 Crore, and 7.40% GS 2062 for Rs. 9,000 Crore. The government may retain an additional Rs. 2,000 Crore for each security. Up to 5% of each security's notified amount is reserved for eligible individuals and institutions. Bids must be submitted electronically, with results announced on December 16, 2022, and payments due by December 19, 2022.