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of <h1>India to Re-Issue Four Government Stocks via Auction on August 7, 2015; Bids Through RBI E-Kuber System.</h1> The Government of India announced the re-issue of four government stocks through a price-based auction, scheduled for August 7, 2015. These include the 7.35% stock maturing in 2024 for Rs. 2,000 crore, the 7.88% stock maturing in 2030 for Rs. 6,000 crore, the 7.95% stock maturing in 2032 for Rs. 3,000 crore, and the 8.17% stock maturing in 2044 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions using a multiple price method. Both competitive and non-competitive bids must be submitted electronically via the RBI's E-Kuber system, with results announced on the same day. Payment by successful bidders is due on August 10, 2015.
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