<h1>India to Re-Issue Government Securities Worth Rs. 11,000 Crore Each with Auction on September 13, 2024.</h1> The Government of India is conducting a re-issue auction for two government securities: the 7.02% GS 2031 and the 7.46% GS 2073, each with a nominal amount of Rs. 11,000 crore. The Reserve Bank of India will manage the auction on September 13, 2024, using a multiple price method. An additional subscription option of up to Rs. 2,000 crore is available for each security. Up to 5% of the securities will be reserved for eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on the same day, with payment due by September 17, 2024.