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of <h1>India to Auction Government Securities on Nov 3: 7.37% GS 2028, 7.18% GS 2033, New GS 2073.</h1> The Government of India has announced the auction of three government securities: 7.37% GS 2028 for Rs. 7,000 crore, 7.18% GS 2033 for Rs. 13,000 crore, and a new GS 2073 for Rs. 10,000 crore. The auctions, conducted by the Reserve Bank of India, will take place on November 3, 2023. The government may retain an additional Rs. 2,000 crore for each security. Up to 5% of each security's sale will be allocated to eligible individuals and institutions. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by November 6, 2023.
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