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of <h1>India to Re-Issue Government Stocks via Auction on October 30, 2015; Includes Stocks Maturing 2024-2045.</h1> The Government of India announced the re-issue of several government stocks through a price-based auction. The stocks include 7.35% Government Stock 2024 for Rs. 2,000 crore, 7.72% Government Stock 2025 for Rs. 7,000 crore, 8.24% Government Stock 2033 for Rs. 3,000 crore, and 8.13% Government Stock 2045 for Rs. 3,000 crore. The Reserve Bank of India will conduct the auctions on October 30, 2015, using 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, with results announced the same day and payments due by November 2, 2015.
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