<h1>India to Re-Issue Government Securities: Auctions on Sep 22, 2023, with 5% Reserved for Non-Competitive Bidders.</h1> The Government of India announced the re-issue sale of three government securities: 7.06% GS 2028 for Rs. 8,000 crore, 7.18% 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 September 22, 2023, will use a uniform price method for the first two securities and a multiple price method for the third. Up to 5% of each security is reserved for eligible individuals and institutions under a non-competitive bidding facility. Results will be announced the same day, with payment due by September 25, 2023.