<h1>Government Announces Re-Issue Auction of Securities Under Price-Based Multiple Price Auction Method</h1> The government has announced a re-issue auction of two government securities with notified amounts of Rs.11,000 crore and Rs.14,000 crore, respectively, using a price-based multiple price auction method. The government may retain an additional Rs.2,000 crore for each security. Up to 5% of the notified amount is reserved for eligible individuals and institutions under a non-competitive bidding scheme. Both competitive and non-competitive electronic bids must be submitted on a specified date through the central bank's electronic platform within designated time frames. Auction results will be declared the same day, with payment due three days later. The securities will be eligible for 'When Issued' trading as per the central bank's guidelines on government securities transactions.