<h1>India to Auction Three Government Securities Worth Rs. 30,000 Crore on October 20, 2023, via RBI's E-Kuber System.</h1> The Government of India has announced the auction of three government securities: New GS 2028 for Rs. 7,000 crore, 7.18% GS 2033 for Rs. 13,000 crore, and 7.30% GS 2053 for Rs. 10,000 crore. The Reserve Bank of India will conduct these auctions on October 20, 2023, with options to retain an additional Rs. 2,000 crore per security. Up to 5% of each security will be allotted to eligible parties under the Non-Competitive Bidding Facility. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by October 23, 2023.