Auction trading of debt is often used during crises. The study aims to understand how debt auction trading and government debt policies work in crisis situations. By looking at international and local experiences, the research identifies new auction formats and rules to prevent distortions in financial markets, promoting economic growth. In countries with developed secondary markets for securities, modern auction practices involve setting new trading rules and emphasizing the value and information of the object being auctioned. Improving auction practices and introducing new formats require aligning the interests of investors, issuers, and other stakeholders to avoid distortions in debt auctions. Significant differences in GDP growth rates and government debts in countries like Poland, Japan, and Ukraine are linked to trust in the state and specialized debt management institutions. Further research is needed to enhance flexibility in debt auction systems during crises and boost their positive impact on economic growth.