<h1>India to Auction Government Securities Worth Rs. 29,000 Crore on Dec 20, 2024; Includes Non-Competitive Bidding Option.</h1> The Government of India announced the auction of New Government Security 2029 for Rs. 14,000 crore and 7.34% Government Security 2064 for Rs. 15,000 crore, with an option to retain an additional Rs. 2,000 crore for each. The Reserve Bank of India will conduct the auctions on December 20, 2024. Up to 5% of the securities will be allotted to eligible individuals and institutions under the Non-Competitive Bidding Facility. Bids must be submitted electronically via the RBI's E-Kuber system. Results will be announced on the same day, with payment due on December 23, 2024.