<h1>India to Re-Issue 7.10% and 7.34% Government Securities in September 2024 Auction for Rs. 31,000 Crore Total.</h1> The Government of India announced the re-issue of two government securities: the 7.10% Government Security 2034 for Rs. 20,000 crore and the 7.34% Government Security 2064 for Rs. 11,000 crore. The Reserve Bank of India will conduct the auctions on September 20, 2024, using a multiple price method. The government may retain an additional Rs. 2,000 crore for each security. Up to 5% of the sale will be reserved for eligible individuals and institutions under a non-competitive bidding scheme. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by September 23, 2024.