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<h1>India to Auction Rs. 15,000 Crore in Government Stocks; Bids Via RBI E-Kuber; Results Announced Same Day.</h1> The Government of India announced the auction of four government stocks with varying interest rates and maturity dates, totaling a nominal amount of Rs. 15,000 crore. The auction, conducted by the Reserve Bank of India on May 24, 2013, will use a multiple price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions under a non-competitive bidding scheme. Bids must be submitted electronically on the RBI's E-Kuber system. The auction results will be announced on the same day, with payments due by May 27, 2013. The stocks are eligible for 'When Issued' trading per RBI guidelines.