<h1>India to Auction Government Securities for 2028 and 2064 Worth Rs. 12,000 Crore Each; Bidding Results on April 19, 2024.</h1> The Government of India has announced the auction of two government securities: the 7.37% Government Security 2028 and a new Government Security 2064, each for Rs. 12,000 crore. The auction, conducted by the Reserve Bank of India on April 19, 2024, will use a multiple price method. An additional subscription of up to Rs. 2,000 crore may be retained for each security. Up to 5% of the total amount will be reserved for eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on the auction day, with payments due on April 22, 2024.