<h1>India Re-Issues Government Stocks via Auction; Bids Open for 8.27% 2020, 8.60% 2028, 8.24% 2033, 8.30% 2040.</h1> The Government of India announced the re-issue of government stocks through a price-based auction. The stocks include 8.27% Government Stock 2020 for Rs. 2,000 crore, 8.60% Government Stock 2028 for Rs. 6,000 crore, 8.24% Government Stock 2033 for Rs. 3,000 crore, and 8.30% Government Stock 2040 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on January 23, 2015, using a multiple price method. Up to 5% of the stocks will be allocated to eligible individuals and institutions via non-competitive bidding. Results will be announced on the same day, with payment due by January 27, 2015.