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of <h1>India to Re-Issue Government Stocks Worth Rs. 14,000 Crore via Auction on Feb 5, 2016.</h1> The Government of India announced the re-issue of four government stocks through a price-based auction, totaling Rs. 14,000 crore. The stocks include 7.68% Government Stock 2023 for Rs. 3,000 crore, 7.59% Government Stock 2026 for Rs. 8,000 crore, 7.73% Government Stock 2034 for Rs. 1,000 crore, and 8.17% Government Stock 2044 for Rs. 2,000 crore. The Reserve Bank of India will conduct the auctions on February 5, 2016, using a multiple price method. Up to 5% of the stocks will be allotted to eligible individuals and institutions. Bids must be submitted electronically on the RBI's E-Kuber system.
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