<h1>Government auctions Rs.32,000 crore securities: new 2040 bond and 6.90% 2065 bond on July 4</h1> The Government of India announced the auction of two government securities: a new 2040 security for Rs.16,000 crore through yield-based auction and a 6.90% 2065 security for Rs.16,000 crore through price-based auction. Both auctions use multiple price method with option to retain additional Rs.2,000 crore subscription each. The Reserve Bank will conduct auctions on July 4, 2025, with results announced same day and payment due July 7. Up to 5% allocation reserved for non-competitive bidding. Securities eligible for 'When Issued' trading per existing guidelines.