<h1>Government securities auction: re-issue of long-tenure stock via price-based multiple auction with limited non-competitive retail allocation.</h1> Re-issue auction of 8.30 per cent Government Stock, 2040 will be conducted via a price based multiple price auction on the RBI E Kuber system; interest at 8.30% accrues from the last coupon date and is paid half yearly, with repayment at par on maturity. A non competitive bidding facility reserved up to five percent of the notified amount allows eligible retail participation through banks/PDs under specified eligibility, single bid limits, consolidated electronic submission, pro rata allotment if oversubscribed, and issuance in SGL form with intermediary allocation responsibilities and limited allowable service charges.