<h1>India to Auction Government Securities Worth Rs 33,000 Crore on June 16, 2023, with Payments Due June 19.</h1> The Government of India has announced the sale and re-issue of three government securities: 7.06% GS 2028 for Rs 8,000 crore, 7.26% GS 2033 for Rs 14,000 crore, and a new GS 2053 for Rs 11,000 crore. The auctions will be conducted by the Reserve Bank of India on June 16, 2023, using both uniform and multiple price methods. The government may retain an additional Rs 2,000 crore for each security. Non-competitive bids are open from 10:30 to 11:00 a.m., and competitive bids from 10:30 to 11:30 a.m. Results will be announced the same day, with payments due by June 19, 2023.