<h1>India to Auction Rs. 30,000 Crore in Government Securities on Dec 6, 2024, with Competitive and Non-Competitive Bidding.</h1> The Government of India will conduct an auction for the sale of three government securities: New GS 2027 for Rs. 7,000 crore, 6.92% GS 2039 for Rs. 13,000 crore, and 7.09% GS 2054 for Rs. 10,000 crore. The Reserve Bank of India will manage the auction on December 6, 2024, allowing both competitive and non-competitive bids via the E-Kuber system. Up to 5% of the securities will be allocated to eligible entities under a non-competitive bidding scheme. Results will be announced on the auction day, with payments due by December 9, 2024. The securities are eligible for When Issued trading.