<h1>India to Re-Issue Government Securities with Auctions on June 30; 5% Reserved for Non-Competitive Bids.</h1> The Government of India announced the re-issue sale of three government securities: 7.06% GS 2028 for Rs. 8,000 crore, 7.26% GS 2033 for Rs. 14,000 crore, and 7.30% GS 2053 for Rs. 11,000 crore. The auctions, conducted by the Reserve Bank of India on June 30, 2023, will use uniform and multiple price methods. The government may retain an additional Rs. 2,000 crore per security. Up to 5% of each sale is reserved for non-competitive bids. Results will be announced on June 30, with payment due by July 3. The securities qualify for When Issued trading as per RBI guidelines.