<h1>India to Re-Issue Rs. 16,000 Crore in Government Stocks via Auction; Bidding on May 23, 2014.</h1> The Government of India announced the re-issue of four government stocks through a price-based auction, totaling Rs. 16,000 crore. The stocks include 7.80% Government Stock 2020, 8.83% Government Stock 2023, 8.32% Government Stock 2032, and 8.30% Government Stock 2042. The Reserve Bank of India will conduct the auctions on May 23, 2014, using the uniform price method. Up to 5% of the stocks are reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by May 26, 2014.