Mumbai, June 3 -- The Reserve Bank of India (RBI) has announced the re-issue of two Government of India dated securities worth a total of Rs 32,000 crore.

A "re-issue" means the RBI is selling more of a bond that is already available in the securities market. This move is part of the government's regular borrowing program.

The two securities being re-issued are the 6.92 per cent Government Security (GS) maturing on November 18, 2039, and the 6.90 per cent GS maturing on April 15, 2065. Each of these bonds will be issued for Rs 16,000 crore.

Additionally, the RBI has kept the option open to accept up to Rs 2,000 crore extra for each security, depending on market demand.

According to the RBI's announcement on Monday, the auction will be...